Binance is launching a new trading competition on Binance Liquid Swap. During the competition period, all users who trade in Liquidity Pools will stand a chance to share $20,000 in BNB tokens.
Competition Period: 2021-10-22 00:00 AM (UTC) - 2021-10-29 00:00 AM (UTC)
Promotion A: Liquid Swap New User Exclusive Rewards of $5,000 in BNB Tokens!
Promotion A: Liquid Swap New User Exclusive Rewards of $5,000 in BNB Tokens!
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 tokens 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 Tokens to Be Won!
During the competition period, all users who trade in the eligible Liquidity Pools on Binance Liquid Swap will be ranked by their trading volume, excluding any wash trades. The top 50 users will share a pool of $15,000 in BNB tokens.
Eligible Liquidity Pools:
Reward Calculation:
User Rank | Prize Pool |
1 | $2,000 in BNB |
2-5 | 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 |
6-50 | 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:
- How to Farm Yields in Liquid Swap
- About Binance Liquid Swap
- Binance Liquid Swap User Agreement
- How to use Binance Liquid Swap - Liquidity
- How to use Binance Liquid Swap - Swap
- How to check share and history of Binance Liquid Swap
Notes:
- 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 this 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 tokens based on the exchange rate of BNB and USDT on Binance at the time of the payout. You can login and check the prize via Account Center -> 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 Activity or Activity 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.