Competition period: 2021-09-07 00:00 AM to 2021-09-13 11:59 PM (UTC)
Promotion A: Learn and Earn $60,000 Prize Pool in MASK Tokens
During the competition, users who trade MASK, finish watching the Mask Network (MASK) introduction video and take the quiz in this form, will share a prize pool of $60,000 in MASK token vouchers.
How to Win:
- Trade 60 MASK or more in the eligible MASK trading pairs (including both buys & sells) during the competition period
- Participate in taking the quiz and provide correct answers to any of the questions during the competition period
Awards:
- All users who trade 60 MASK or more in the eligible MASK trading pairs, participate in taking the quiz and provide correct answers to any of the questions, will be qualified to share the prize pool of $60,000 in MASK token vouchers. Rewards will be distributed based on the total number of correctly answered questions by a qualified user as a proportion of all correctly answered questions by all qualified users.
Reward Calculation:
The reward for the qualified user = (Individual userâs correctly answered questions / total number of correctly answered questions by all qualified users) * $60,000 in MASK token vouchers.
Promotion B: Trade MASK and Win $40,000 Prize Pool in MASK Tokens!
- Reward 1: All users who register for a Binance account during the competition period and trade 30 MASK or more effective trading volume (including both buys & sells) in any eligible MASK trading pairs will equally share a prize pool of $10,000 in MASK token vouchers.
- Reward 2: All users with a total effective trading volume of 600 MASK or more (including both buys & sells) in any eligible MASK trading pairs during the competition period will share a pool of $30,000 in MASK token vouchers, based on the proportion of each userâs total MASK trading volume.
Reward Calculation:
The reward for each qualified user = (Each userâs total effective trading volume / all qualified usersâ total effective trading volume) * $30,000 in MASK token vouchers.
Additional Margin Promotion Benefits:
- 0% borrowing interest on MASK margin trading pairs.
- All users that borrow ââMASK from Binance Margin will enjoy a 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.
- Eligible MASK trading pairs: MASK/USDT, ââ ââââMASK/BNB.
- Binance will use the average closing price at 11:59:59 PM (UTC) of ââMASK/USDT trading pair during the competition period as the MASK 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 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 Token Voucher.
- Please make sure that you fill in your Binance UID in the Google form correctly. Failure to fill it in correctly will be regarded as a waiver of the qualification to participate in Promotion A in the activity.
- Binance will combine sub-account and margin accountâs trading volume 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 all eligible MASK 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.