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COS Trading Competition - $100,000 in Rewards to Be Won!
Binance
2021-05-07 07:09
Competition Period: 2021-05-08 0:00 AM to 2021-05-14 11:59 PM (UTC)
Promotion A: New User Exclusive Rewards of $10,000 in ​​COS Tokens!
All new users that register for a Binance account during the competition period and trade 15,000 COS or more effective trading volume (including both buys and sells) in any COS trading pair will equally share an exclusive prize pool of $10,000 in ​​COS tokens.
Promotion B: COS Trading Competition - $65,000 in COS to Be Won!
The top 20 users ranked by effective trading volume (including both buys and sells) in any COS trading pair will share a pool of $65,000 in COS. The rewards will be split based on each user’s total trading volume as a proportion of all qualified users’ total effective trading volume during the competition period.
Reward Calculation:
The reward for each qualified user = (Each user’s total effective trading volume / Top 20 users’ total effective trading volume) * $65,000 in COS.
Promotion C: Trade COS to Win from Lucky Draw for $500 in COS
All users with a total trading volume (including both buys and sells) of 400,000 COS or more in any COS trading pair during the competition period will qualify for a lucky draw, where 50 lucky winners will be randomly drawn to each win $500 in COS.
Additional Margin Promotion Benefits:
  • 0% borrowing interest on COS margin trading pairs.
  • Trading volume completed via margin will be multiplied by a coefficient of 3.
  • All users that borrow COS from Binance Margin will enjoy VIP+1 borrowing limit.
Terms & Conditions:
  • 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.
  • COS trading pairs: COS/USDT, COS/BNB, COS/BTC.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of the COS/USDT trading pair during the competition period as the COS exchange rate used for distribution.
  • The lucky draw rules of promotion C follow the Lucky Draw Rules Bases on Binance Chain Hash Value.
  • Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your voucher via Account > Reward Center.
  • The validity period for the cash voucher is set at 14 days from the day of distribution. Learn How to Redeem a Cash Voucher.
  • Sub-account and margin 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 this activity.
  • Trading volume counts both buys and sells, excluding any wash trades, across all COS spot and margin trading pairs.
  • 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 Activity or Activity Rules at our sole discretion.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be 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.
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