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Crypto Summer Is Here! Stay Fit with Fetch.ai (FET) and Dive into the $200,000 Prize Pool!

2021-08-05 08:06
Activity Period: 2021-08-05 08:00 AM to 2021-08-12 11:59 PM (UTC)

Promotion A: A Total of $50,000 Welcome Gift for New Users
All new users that register for a Binance account via this referral link during the activity period will be qualified to receive a gift - a guaranteed share of $25,000 in FET. Gifts are limited in quantity and are available on a first-come-first-served basis.
Besides, new users who register for a Binance account during the competition with a minimum total trading volume (including buys and sells) of 5,000 FET across the eligible FET trading pairs will also qualify for a challenge, where 50 winners will be chosen to each win $500 in FET.
Promotion B: Trade FET Token and Claim Your Share of $100,000 Prize Pool
The top 20 users ranked by effective trading volume (including both buys and sells) across the eligible FET trading pairs will share a pool of $100,000 in FET. The reward structure is as follows:
  • 1st place: $15,000 in FET token vouchers
  • 2nd place: $13,000 in FET token vouchers
  • 3rd place: $11,000 in FET token vouchers
  • 4th place: $9,000 in FET token vouchers
  • 5th place: $7,000 in FET token vouchers
  • 6th-10th places: equally split $25,000 in FET token vouchers
  • 11th-20th: split $20,000 in FET tokens based on each user’s total trading volume as a proportion of all qualified users’ total effective trading volume (excluding the top 10 winners)
Rewards Calculation for the top 11th to 20th users = (Each user’s total effective trading volume /top 11th to 20th users’ total effective trading volume) * $20,000 in FET token vouchers.
Promotion C: Complete the Exercises to Stay “FET” for a Reward- $500 for Each Winner!
All users that complete all the tasks listed below during the activity period will qualify to enter a challenge, where 100 winners will each be awarded $500 in FET tokens.
  • Task 1: Complete a trade (including both buys and sells) of 500 USDT or more across the eligible FET trading pairs.
  • Task 2: Accumulate a total trading volume (including both buys and sells) of 2,500 USDT or more across the eligible FET trading pairs.
  • Task 3: Refer a friend to open a Binance account during the activity period to take part in this FET Crypto Summer activity - Binance referral guide here.
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.
  • You can only trade the tokens received from Promotion A. The tokens cannot be withdrawn from your account until you reach 100 USDT in trading volume across any spot, margin, and BLVT trading pairs after receiving the gifts.
  • If you don’t have the Binance app, click here to download it.
  • Eligible trading pairs: FET/USDT, FET/BNB, FET/BTC spot & margin trading pairs on Binance.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of the FET/USDT trading pair during the competition period as the exchange rate used for distribution.
  • Gifts for Promotion A will be distributed automatically upon qualified registration. Please log-in to Binance App and check your gift status by going to Account > Gifts. (The prize amount varies and is distributed on a first-come-first-served basis)
  • FET token voucher rewards for Promotion A Challenge, Promotion B and C will be distributed within 2 weeks after the promotion ends. You will be able to log in and redeem your FET 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.
  • The award selection of promotion A and C Challenges follows the Award Selection Rules Based on Binance Chain Hash Value.
  • Winners of Promotion B will not be eligible for receiving rewards from Promotion C.
  • 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 select 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.
Note: This announcement was last updated on 2021-08-05.
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