Binance Will List Filecoin (FIL) - Deposit FIL to Share a $100,000 Prize Pool

Fellow Binancians,

Binance will list Filecoin (FIL) and open FIL deposits at the time of the Filecoin Mainnet 148,888 Epoch, estimated to be at approximately 2020/10/15 2:45 PM (UTC), after which users will be able to generate their FIL deposit address. 

Since 200 confirmations (approximately 100 minutes) are officially required for deposits to be processed and credited to user accounts, we will open trading for FIL at 2020/10/15 5:00 PM (UTC) with FIL/BTC, FIL/BNB, FIL/BUSD and FIL/USDT trading pairs.

Deposit FIL to win! $100,000 in BNB in prizes to be won!

Competition period: FIL deposit open time of around 2020/10/15 2:45 PM (UTC) to 2020/10/23 0:00 AM (UTC).

How to Participate?

Deposit a net amount of 100 or more FIL tokens from a non-Binance source during the competition period to be eligible. Net deposits means deposits minus withdrawals. Click to deposit!

What are the Rewards?

Eligible users will share a pool of $100,000 in BNB based on each user’s net FIL deposit amount as a proportion of the total net FIL deposit amount from all eligible users.

Reward Calculation:

The reward for each eligible user = (Each user’s net FIL deposit amount / All eligible users’ total net FIL deposit amount) × $100,000 in BNB tokens. 

Terms & Conditions:

• Rewards will be distributed within 2 weeks after the competition ends. You will be able to confirm receipt of your rewards by going to User Dashboard -> Distribution.
• If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
• Binance will use the average closing price at 11:59:59 PM (UTC) of BNB/USDT trading pairs during the competition period as the BNB exchange rate used for distribution.
• Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.

Please ensure that you undertake sufficient risk assessment when trading newly listed tokens, as they are often subject to high price volatility.

FIL Listing Fee: 0 BNB.

FIL Details:

• What is Filecoin (FIL)?
• Fees
• Rules

Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.

Thanks for your support!

Binance Team

2020/10/15

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