Binance Earn to Launch Swap Farming with $1,000,000 Up for Grabs

2021-11-19 07:50

Fellow Binancians,

Binance Earn is launching Swap Farming with a $1,000,000 Fund in BNB. Swap Farming is a new Binance Earn product, enabling users to swap tokens and enjoy up to 50% fee rebates during the Initial Farming Period. The $1,000,000 Fund will be distributed as swap rewards and will be completely distributed during the Initial Farming Period.

Initial Farming Period: 2021-11-22 00:10 (UTC) - 2021-12-22 00:00 (UTC)
Rebate Format: BNB rewards will be claimable as soon as the swap is complete.

Click to Swap and Receive BNB Rewards Immediately

Swap Farming Competition
A new trading competition is launching on Swap Farming. During the competition period, all users who swap in Liquidity Pools will stand a chance to share $20,000 in BNB.

Competition Period: 2021-11-22 00:00 (UTC) - 2021-12-03 00:00 (UTC)

Promotion A: Liquid Swap New User Exclusive Rewards - $5,000 in BNB to Be Shared!

Each Liquid Swap new user who has never swapped on Binance Liquid Swap before the promotion will get an equal share of $5,000 in BNB by reaching a minimum total swap volume of 100 USDT (buy and sell) in any Liquidity Pools on Binance Liquid Swap. The reward for each qualified user is capped at $20 worth of BNB.

Promotion B: Trading Competition - $15,000 in BNB to Be Shared!

During the competition period, all users who swap in the eligible Liquidity Pools shown below on Binance Liquid Swap will be ranked by their total swap volume (buy and sell), excluding any wash trades. The top 50 users will share a pool of $15,000 in BNB.

Eligible Liquidity Pools:

Prize Distribution:

Ranking	Prize
1st	$2,000 in BNB
2nd - 5th	To share a $4,000 in BNB prize pool, based on each user's swap volume as a proportion of the total swap volume of this particular group of users
6th - 50th	To share a $9,000 in BNB prize pool, based on each user's swap volume as a proportion of the total swap volume of this particular group of users

Guides and Related Materials:

Notes:

Swap volume will be counted toward the VIP level review.
For users who are interested in participating in Binance Liquid Swap, please refer to the FAQ and the API Docs;
Only swap volume counts towards the final ranking in Promotion B, excluding all wash trades;
Sub-account trading volume will be combined 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 the competition;
During the competition, the trading volume of each currency in the selected liquidity pool is denominated in USDT and will be calculated based on the exchange rate at the end of the day;
Rewards will be paid out within two weeks after the competition ends in BNB based on the exchange rate of BNB/USDT on Binance at the time of the payout. You can login and check the prize via Wallet > Transaction History > Distribution;
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 Promotion or Promotion Rules at our sole discretion.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

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.