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Binance Futures Launches DeFi Trading Competition
Binance
2020-07-23 09:55

Campaign Period: 2020/07/24 0:00 (UTC) - 2020/07/31 0:00 (UTC)

Promotion A: Trade DeFi tokens on Binance Futures to Win 10,000 USD in BNB!

Users that complete 20,000 USDT or more trading volume in the perpetual or quarterly futures trading pairs below during the competition period will equally split 10,000 USD in BNB tokens.

Perpetual contracts: ETH/USDT, LINK/USDT, COMP/USDT, KNC/USDT, LEND/USDT, ZRX/USDT 

Quarterly contracts: ETH/USD, LINK/USD

Please note: Trading volume completed in the ETH/USD, LINK/USD Quarterly contracts will be multiplied by a coefficient of 2 when calculating the final trading volume for the activity.

Promotion B: Guess the Best or Worst Performing Trading Pairs to Split 10,000 USD in BNB Tokens!

During the competition period, the following pairs will be ranked by total trading volume:

Perpetual contracts: COMP/USDT, KNC/USDT, LEND/USDT, ZRX/USDT

At the end of the competition period, the most traded contract by trading volume will be crowned as the Most Popular Trading Pair. The least traded contract by trading volume will be crowned as the Least Popular Trading Pair.

Users that successfully trade 10,000 USDT or more of the Most popular trading pair or the Least Popular Trading Pair during the promotion period will equally split a total prize pool of 10,000 USD in BNB tokens. Trading volume in either pair will count together towards the 10,000 USDT requirement.

Please note: Total trading volume of each trading pair will be updated at around 4:00 AM(UTC) on the following day on this announcement page.

If you have not opened a Binance Futures account yet, you can click here for an additional 10% discount on trading fees across all contracts for the first 30 days!

Terms & Notes:

  • Sub-account trading volume will be combined with the master account’s total trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
  • The exchange rate between BNB and USDT will be based on the average BNB/USDT perpetual contract price during the competition.
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via Distribution History > Wallet > Account Center
  • Trading volume counts both buys and sells, excluding any wash trades.
  • Binance reserves the right to disqualify trades that are deemed to be wash trades or illegal bulk registration accounts, self-dealing or display attributes of market manipulation, etc.
  • Binance reserves the right to cancel or amend the Competition or Competition Rules at our sole discretion.

Risk warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.

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