Competition Period: 2021-05-21 0:00 AM to 2021-05-27 11:59 PM (UTC)
Promotion A: New User Exclusive Rewards of $10,000 in STRAX Tokens!
All users who register for a Binance account during the competition period and trade 300 STRAX or more effective trading volume (including buys & sells) in select STRAX trading pairs will equally share an exclusive prize pool of $10,000 in STRAX tokens.
Promotion B: STRAX Trading Competition - $50,000 in STRAX to Be Won!
The top 40 users ranked by effective trading volume will share a pool of $50,000 in STRAX tokens. The rewards will be split based on each userâs total trading volume (including buys & sells) as a proportion of the top 40 usersâ total effective trading volume during the competition period.
Reward Calculation:
The reward for each user in the top 40 = (Each userâs total effective trading volume / Top 40 usersâ total effective trading volume) * $50,000 in STRAX tokens.
Promotion C: Trade STRAX to Win $500 in STRAX Tokens
All users with a total trading volume (including buys & sells) of 2,000 STRAX or more during the competition period will qualify for a Challenge, where 30 winners will be selected based on Challenge rules to each win $500 in vouchers.
Additional Margin Promotion Benefits:
- 0% borrowing interest on STRAX margin trading pairs.
- Trading volume completed via margin will be multiplied by a coefficient of 3.
- All users that borrow STRAX from Binance Margin will enjoy VIP+1 borrowing limit.
Terms & Conditions:
- If you donât 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.
- 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. How to Redeem a Cash Voucher.
- The Challenge rules of Promotion C follow the Challenge Rules Bases on Binance Chain Hash Value.
- Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
- Eligible STRAX trading pairs: STRAX/USDT, STRAX/BTC, STRAX/ETH.
- Binance will use the average closing price at 11:59:59 PM (UTC) of the STRAX/USDT trading pair during the competition period as the STRAX exchange rate used for distribution.
- Sub-account and margin account trading volume will be combined with the master accountâs 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 STRAX/USDT, STRAX/BTC and STRAX/ETH 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.
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.