Binance Completes Elrond Lottery Draw and Will Open Trading For ERD

Fellow Binancians,

Binance has completed the Elrond lottery draw, with a 11.07% ratio of winning tickets. The results of the lottery draw are summarized below.

Binance will also open trading for ERD/BNB, ERD/BTC, ERD/USDT, ERD/PAX and ERD/USDC trading pairs at 2019/07/04 08:00 AM (UTC).

Elrond Listing Fee: 0 BNB.

Note:

• Please ensure that you have sufficient BNB in your account based on the number of your winning tickets. We have started deducting BNB from winning accounts at 2019/07/02 08:00 AM (UTC), and users will have 24 hours until 2019/07/03 08:00 AM (UTC) to credit their accounts with BNB, at which point the distribution of ERD will be complete. 
• The token purchase price was set at 1 ERD = 0.00001984 BNB/ 0.00065 USD (using a BNB price of 32.7626 USD) as per the previous announcement here.
• The Elrond (ERD) token asset page is available on the Binance Chain explorer here https://explorer.binance.org/asset/ERD-D06  .

For a full recap of the Elrond token sale, read our blog post here.

To learn more about the Elrond project, read the in-depth report by Binance Research here.

Details:

1. About Elrond (ERD)
2. Fees
3. Rules

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

Thanks for your support!

Binance Team

2019/07/02

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