Competition Period: 2021-05-29 0:00 AM to 2021-06-04 11:59 PM (UTC)
Promotion A: New Users Exclusive Rewards of $15,000 in MDA
All new users that register for a Binance account during the competition period and complete a minimum total trading volume (including buys & sells) of 700 MDA in the MDA/BTC trading pair will be qualified to receive a cash voucher of $15 in MDA! Prizes are given out on a first-come-first-served basis (each new user can only receive this prize once).
Promotion B: Trade MDA and Share a Prize Pool of $75,000 in MDA!
All users who trade 3,300 MDA or more during the competition period will be ranked based on the total MDA trading volume traded on their Binance accounts (including buys & sells) in the MDA/BTC trading pair during the competition period. The reward structure is as follows:
All new users that register for a Binance account during the competition period and complete a minimum total trading volume (including buys & sells) of 700 MDA in the MDA/BTC trading pair will be qualified to receive a cash voucher of $15 in MDA! Prizes are given out on a first-come-first-served basis (each new user can only receive this prize once).
Promotion B: Trade MDA and Share a Prize Pool of $75,000 in MDA!
All users who trade 3,300 MDA or more during the competition period will be ranked based on the total MDA trading volume traded on their Binance accounts (including buys & sells) in the MDA/BTC trading pair during the competition period. The reward structure is as follows:
- 1st place: $15,000 in MDA tokens
- 2nd place: $10,000 in MDA tokens
- 3rd place: $5,000 in MDA tokens
- 4th-15th places: equally split $15,000 in MDA tokens
- All other qualified participants: split $30,000 in MDA tokens based on each user’s total trading volume as a proportion of the qualified users’ total effective trading volume (excluding the top 15 winners)
Reward Calculation:
The reward for the qualified user other than the top 15 winners = (Each user’s total effective trading volume / all qualified users other than the top 15 winners’ total effective trading volume) * $30,000 in MDA.
Promotion C: Trade MDA to Win $200 in MDA Tokens
All users with a total trading volume (including buys & sells) of 2,500 MDA or more in the MDA/BTC trading pair during the competition period will qualify for a Challenge, where 50 winners will be selected based on the Challenge rules to each win $200 in vouchers.
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.
- Binance will use 0.9590 as the MDA/USD exchange rate used for distribution.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your cash 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.
- Eligible trading pair: MDA/BTC.
- Trading volume counts both buys and sells in the MDA/BTC spot trading pair, excluding any wash trades.
- Binance will combine sub-account trading volume 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.
- 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.