Note: As of April 25, 2025, all rewards for this event have been fully claimed and will no longer be issued. Please stay tuned for announcements of other upcoming events.
This is a general announcement, and the products and services mentioned may not be applicable in your region.
Dear Users:
Binance is the first platform to list Initia (INIT), with spot trading opening on April 24, 2025, at 19:00 (UTC+8), and trading markets for INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY.
Binance will launch a limited-time event for all eligible users! Eligible users can share a prize pool of 1,000,000 INIT, with rewards distributed in the form of token coupons, on a first-come, first-served basis.
Event Period: April 24, 2025, 19:30 to May 1, 2025, 19:30 (UTC+8)
How to participate:
During the event, all eligible Binance spot users who complete the following requirements can share a prize pool of 1,000,000 INIT:
Visit the [Task Page] and register to participate in the limited-time event by clicking [Start Task];
Complete tasks and meet the minimum trading requirements to receive rewards according to the reward structure.
Reward Structure:
Eligible users who meet the minimum trading amount for the following tasks can receive rewards according to the table below.
Task | Task Requirements | Rewards for each eligible user (in the form of INIT token coupons) |
Task 1 | Trade at least $10 worth of INIT on the Binance spot market | 10 INIT |
Task 2 | Trade at least $100 worth of INIT on the Binance spot market | 50 INIT |
Task 3 | Trade at least $1,000 worth of INIT on the Binance spot market | 125 INIT |
Task 4 | Trade at least $10,000 worth of INIT on the Binance spot market | 250 INIT |
Note:
Users who meet the trading requirements will automatically receive rewards for other tasks, distributed on a first-come, first-served basis.
For example: If user A trades at least $10,000 worth of INIT on the Binance spot market during the event, they will be able to receive all rewards for tasks 1, 2, 3, and 4.
Please refer to the activity description and rules on the [Task Page] for complete terms and conditions.
More information:
How to trade spot on Binance (App / Official Website)
Terms and Conditions:
Only verified users who complete tasks before the end of the event period will be eligible for rewards.
This event is only open to users eligible for Binance spot trading, but due to legal and regulatory requirements, some users or users from certain jurisdictions or regions may be restricted.
All rewards will be issued in the form of token coupons. Rewards will be distributed after task completion and are valid for 7 days. Users can log in and redeem token coupon rewards in the 'Account > Reward Center'.
Users must claim their token coupons within 7 days; otherwise, the coupons will expire, and you will not receive any rewards, nor will alternative rewards be provided. For more details, please refer to how to redeem Binance vouchers.
Rewards are subject to additional terms and conditions. To view the additional terms and conditions of Binance's reward activities, please visit the website.
Rewards are non-negotiable and non-transferable.
Rewards are distributed on a first-come, first-served basis. Once the rewards are distributed, no further rewards will be offered.
Binance reserves the right to disqualify any participant who tampers with the Binance program code or uses other software to interfere with the operation of the Binance program code.
If trades are deemed prohibited trading activities, Binance reserves the right to disqualify participants, including but not limited to: malicious speculation, pump and dump schemes, wash trading, malicious trading volume behavior, and other market manipulation actions aimed at creating false prices and/or trading volume, mass registration of small accounts, mutual matching, self-buying and self-selling, etc.
Binance reserves the right to disqualify any participant that it reasonably believes has engaged in fraudulent behavior or has not complied with any applicable terms and conditions.
All calculations and decisions related to the activity will be determined solely by Binance.
Binance reserves the right to determine and/or modify or change the event or event rules at any time without further notice, including but not limited to canceling, extending, terminating, or suspending this event, eligibility terms and standards, the selection and quantity of winners, and the timing of any actions; all participants shall be bound by these revised terms.
The English version of the announcement may differ from the translated version. In case of any discrepancies, please refer to the English version for the latest or most accurate information.
Thank you for your support of Binance!
The Binance Team
April 24, 2025
