Fellow Binancians,
To kickstart the year, Binance NFT Marketplace is launching an exclusive New Year’s promotion for our NFT community!
Promotion A: Enjoy Zero Trading Fees For Selected NFT Collections on Binance NFT Marketplace
Promotion Period: 2023-01-03 08:00 (UTC) to 2023-01-31 23:59 (UTC)
All users will be eligible to trade NFTs from the following NFT collections listed for sale at Binance NFT Marketplace with zero trading fees during the promotion period:
- Bored Ape Yacht Club, Mutant Ape Yacht Club, 10KTF, CLONE X - X TAKASHI MURAKAMI, Otherdeed for Otherside, Azuki, Meebits, Moonbirds, Doodle, Pudgy Penguins, Bored Ape Kennel Club, BEANZ Official, The Potatoz, Valhalla, Cool Cats NFT, Lil Pudgys, DEGEN TOONZ COLLECTION, Cool Pets NFT, Genesis Box, and The Plague NFT
Promotion B: List Blue-Chip NFTs For Sale at Binance NFT Marketplace to Share Up to 40,000 BUSD in Token Vouchers
Promotion Period: 2023-01-03 08:00 (UTC) to 2023-01-31 23:59 (UTC)
Snapshot Period: Daily
This promotion is open to all users who list fixed-price NFTs from the following blue-chip NFT collections for sale at Binance NFT Marketplace during the promotion period:
- Bored Ape Yacht Club, Mutant Ape Yacht Club, 10KTF, CLONE X - X TAKASHI MURAKAMI, Otherdeed for Otherside, Azuki, Meebits, Moonbirds, Doodle, Pudgy Penguins, Bored Ape Kennel Club, BEANZ Official, The Potatoz, Valhalla, Cool Cats NFT, Lil Pudgys, DEGEN TOONZ COLLECTION, Cool Pets NFT, Genesis Box, and The Plague NFT
A snapshot of the NFT listings for each eligible blue-chip NFT collection will be taken daily during the promotion period. Users who hold these eligible NFT listings may then each qualify for rewards only when the price of their NFT listing is less than or equal to 1.1 times the NFT Floor Price of the corresponding blue-chip NFT collection.
Please Note:
- The NFT listings have to be listed on Binance NFT Marketplace for more than 24 hours to be captured in the daily snapshot.
- In addition, for each day of the promotion period, the NFT listing with the lowest listing price for each eligible blue-chip NFT collection on Binance NFT Marketplace, which is also priced lower than the NFT Floor Price of the corresponding NFT collection on OpenSea, will count as five eligible NFT listings in the rewards calculation for each eligible user at the end of the promotion period.
Rewards Calculation:
The reward for each qualified user = (Number of eligible NFT listings at Binance NFT Marketplace by the qualified user during the promotion period / Total number of eligible NFT listings at Binance NFT Marketplace by all qualified users during the promotion period) * Total rewards pool unlocked
Dynamic Rewards Pool:
Users who hold eligible NFT listings at Binance NFT Marketplace during the promotion period can share a total rewards pool of up to 40,000 BUSD in token vouchers, depending on the total number of eligible NFT listings during the promotion period.
Total Number of Eligible NFT Listings | Total Rewards Pool (in BUSD Token Voucher) |
< 500 | 10,000 |
500 - 2,000 | 20,000 |
2,001 - 5,000 | 30,000 |
> 5,000 | 40,000 |
Stay tuned to Binance NFT’s Telegram, Twitter, and Instagram for the latest updates on Binance NFT’s activities!
Learn More About Binance NFT Marketplace:
- How to Get Started with the Binance NFT Marketplace
- How to Buy NFTs on Binance NFT Marketplace
- How to Sell an NFT on Binance NFT Marketplace
- How to List NFTs in Bulk on Binance NFT Marketplace
- How to Deposit NFT on Binance
- How to Find Your NFT Contract Address
Terms & Conditions:
- Users have to complete identity verification in order to list and trade NFTs on the Binance NFT Marketplace.
- Users can find their NFTs via Binance NFT Marketplace > Profile > Collected NFTs. Details on users’ NFT purchases may also be found via Binance NFT > Profile > History > Orders > Purchase History.
- Promotion A is not applicable for third-party NFT listings on Binance NFT Marketplace. Users may only enjoy zero trading fees when trading NFTs that are directly listed at Binance NFT Marketplace.
- Promotion B:
- Trading volume counts both buys and sells, excluding any wash trades.
- Rewards will be distributed within three weeks after the promotion ends. Users will be able to log in and redeem their token voucher via Account > Reward Center.
- The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
- To qualify for rewards, users must list fixed-price NFTs from eligible blue-chip NFT collections for sale at Binance NFT Marketplace. NFT listings on third-party platforms will not count toward the reward requirements of this promotion.
- NFT holders may qualify for rewards only if their NFT listing is from an eligible blue-chip NFT collection, and the price of the NFT listing is less than or equal to 1.1 times the NFT Floor Price of the corresponding blue-chip NFT collection.
- Please note that the NFT listings have to be listed on Binance NFT Marketplace for more than 24 hours to be captured in the daily snapshot.
- If there are multiple users who list the lowest-priced NFTs from an eligible NFT collection on Binance NFT Marketplace at the same price, which is less than or equal to 1.1 times the NFT Floor Price of the NFT collection at Binance NFT Marketplace, and lower than the NFT Floor Price of the NFT collection on OpenSea; the user(s) who list the NFT(s) at an earlier time will qualify for a larger share of the unlocked rewards pool, as per the rewards calculation method stipulated above.
- Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
- Binance reserves the right to disqualify trades that are deemed to be illegally bulk registered accounts.
- Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending these Promotions, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
- Additional promotion terms and conditions can be accessed here.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-01-03
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Note: This announcement was last updated on 2023-01-06 to add more NFT collections to both Promotions A and B.
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.
Risk Warning: The value of your NFT may go down or up. NFTs are subject to high market risk. Binance is not responsible for verifying the identity, legitimacy or authenticity of any NFT. NFTs are not regulated in most countries, however please ensure you are permitted to access our Binance NFT Marketplace based on your circumstances. For further details, see the Binance NFT Terms and Conditions, our Terms of Use and Risk Warning.