COVER, ERN & PHA Listing on Isolated Margin, $1M Margin Interest Free Vouchers Giveaway
Binance has added COVER, ERN & PHA as new isolated margin/borrowable assets on Binance Isolated Margin, and has enabled isolated margin trading for new margin pairs: CHR/BUSD, COVER/BUSD, ERN/BUSD, ERN/USDT, PHA/USDT.
One Million Margin Interest Free Vouchers to Be Won!
Campaign Period: 2021-07-23 12:00 PM (UTC) to 2021-07-30 12:00 PM (UTC)
Promotion A: New User Exclusive Reward of 100-USDT Voucher
All regular and VIP 1 users that register for a Binance Margin Account during the campaign period and complete a minimum total trading volume (including buys and sells) of 500 USDT on CHR/BUSD, COVER/BUSD, ERN/BUSD, ERN/USDT and PHA/USDT isolated margin trading pairs will be qualified for a 100-USDT margin interest free voucher each.
Promotion B: New Listings Trading Campaign - Share a Prize Pool of 300,000 USDT Vouchers
Regular and VIP 1 users who trade a minimum of 1,500 USDT (including buys and sells) on CHR/BUSD, COVER/BUSD, ERN/BUSD, ERN/USDT and PHA/USDT isolated margin trading pairs during the campaign period, will be qualified to join a competition, where the top 2,000 traders ranked by trading volume will equally share a pool of 300,000 USDT margin interest free vouchers.
Promotion C: Borrow BUSD or USDT to Win 700,000 USDT Vouchers
Users who trade on any isolated margin pairs and have a minimum borrowing amount of 3,000 BUSD or 3,000 USDT during the campaign period, will enter into a Challenge, where 2,000 winners will be selected to equally share 700,000-USDT vouchers.
Terms & Conditions:
- Promotion A & B apply to verified regular and VIP 1 users only.
- For the rules of Promotion C, please refer to The Award Selection Based on Binance Chain Hash Value - Rules
- Margin Interest Free Voucher is valid for all USDT quoted isolated margin pairs.
- Rewards will be distributed within 7 days after the campaign ends. You will be able to redeem your voucher via Account > Reward Center.
- The validity period for the voucher is set at 7 days from the day of distribution. Learn How to Redeem a Voucher.
- Binance will combine sub-account’s trading volume with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
- Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Risk Warning: Margin trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Margin.
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Note: This announcement was updated on 2022-03-14 to rename VIP 0 to regular accounts/users.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.