Binance Is Launching Double Rewards For Users

Binance Is Launching Double Rewards For Users

Binance Futures is launching double mega rewards for its VIP 0 & VIP 1 users from 2021-04-04 00:00 AM to 2021-04-10 11:59 PM (UTC). The total prize pool includes $50,000 BUSD & VIP+1 upgrades. 

Campaign Period: 2021-04-04 00:00 AM to 2021-04-10 11:59 PM (UTC).

Binance Is Launching Double Rewards For Users

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Event 1: VIP+1 upgrade for both VIP 0 & VIP 1 traders: Make first trade on any USDⓈ-M Delivery Contracts.

All VIP 0 & VIP 1 users who achieve a minimum total trading volume (including both buys and sells) of $1,000 USDT on any USDⓈ-M delivery contracts (excluding USDⓈ-M Perpetual Contracts) during the competition period will get a VIP+1 upgrade for 14 days. Eligible users need to trade the USDⓈ-M delivery contracts for the first time in the campaign period.

The first 20,000 users who complete the above tasks will get rewarded with a VIP+1 upgrade.

Event 2: Top 1,000 Traders from VIP 0 & VIP 1 will share a $50,000 BUSD prize pool in a trading competition.

All VIP 0 & VIP 1 users must have a minimum trading volume of $4,000 USDT for any USDⓈ-M Perpetual Contracts and $4,000 USDT for any USDⓈ-M Delivery Contracts to qualify for the prize pool.

All eligible VIP 0 & 1 users will be ranked based on the total trading volume (including both buys and sells) on USDⓈ-M Delivery Contracts(BTC & ETH Quarterlies) during the campaign period. 1,000 winners will share $50,000 rewards in BUSD tokens.

USDⓈ-M Delivery Contracts includes:

  • BTCUSDT Quarterly 0625
  • ETHUSDT Quarterly 0625

See Your ranking at page here

Rewards

The reward structure for the trading volume competition is as follows:
User RankPrize Pool (BUSD)Rewards Distribution
Top 1-5 users:$10,000Trading volume share % *
Top 6-20 users:$10,000Trading volume share % **
Top 21-100 users:$10,000Shared Equally
Top 101-1,000 users:$20,000Shared Equally
  • The reward for each user in the top 5 = (Each user’s total effective trading volume / Top 5 users’ cumulative effective trading volume) * 10,000 BUSD.
  • The reward for each user in the top 6-20 = (Each user’s total effective trading volume / Top 6-20 users’ cumulative effective trading volume) * 10,000 BUSD.

Terms & Conditions

  • The campaign is applicable to VIP 0 & VIP 1 users only.
  • Both VIP+1 upgrade & Trading competition 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.
  • Users are eligible to win in both Event 1 & 2.
  • VIP+1 upgrade will be distributed via vouchers where qualified winners need to redeem the vouchers within 7 days from the Reward Centre upon receiving the voucher code.
  • Trading volume counts both buys and sells, excluding any wash trades, across all ​​USDⓈ-M Delivery Contracts for Event 1 & 2.
  • Sub-account trading volume will be combined with the master accounts standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
  • The participants’ VIP levels will be locked at the start of the campaign (2021-04-04 00:00 AM UTC) to ensure they are still eligible for Event 2 (trading competition) if their VIP levels get changed during the campaign.

You can go to this Binance page to learn more information

About Binance

Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money. Binance Exchange is the leading global cryptocurrency exchange by trading volume, with users from over 180 countries and regions. The Binance ecosystem is also comprised of Binance Labs (venture capital arm and incubator), Binance DEX (decentralized exchange feature developed on top of its native, community-driven Binance Chain blockchain), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability), Binance X (developer-focused initiative) and Trust Wallet (its official multi-coin wallet and dApps browser).

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Good luck,

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