Binance exchange and DUSK are together launching a Trading Competition to their users. Trade DUSK Tokens on Binance exchange, You will have a chance to win $100,000 in DUSK Tokens.
Competition period: 2021-04-14 0:00 AM to 2021-04-20 11:59 PM (UTC)
DUSK Trading Competition On Binance – Tutorial As Below
Register Binance Exchange Account
Event 1: New User Exclusive Rewards
All users that register for a Binance account during the competition period and trade 1,200 DUSK or more in any DUSK trading pairs will equally share a pool of $10,000 in DUSK tokens.
Event 2: DUSK Trading Competition – $65,000 In DUSK To Be Won
The top 50 users ranked by effective trading volume in any DUSK trading pairs will share a pool of $65,000 in DUSK tokens. The rewards will be split based on each user’s total trading volume as a proportion of all qualified users’ total effective trading volume during the competition period.
Reward Calculation: The reward for each user in the top 50 = (Each user’s total effective trading volume / Top 50 users’ total effective trading volume) * $65,000 in DUSK tokens.
Event 3: Trade DUSK To Win From Lucky Draw For $500 In DUSK Tokens
All users with a total trading volume (including both buys and sells) of 2,500 DUSK or more during the competition period will qualify for a lucky draw, where 50 lucky winners will be randomly drawn to each win $500 in DUSK tokens.
Additional Margin Promotion Benefits:
- 0% borrowing interest on DUSK margin trading pairs.
- Trading volume completed via margin will be multiplied by a coefficient of 3.
- All users that borrow DUSK from Binance Margin will enjoy VIP+1 borrowing limit.
- 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.
- DUSK trading pairs: DUSK/USDT, DUSK/BTC.
- The lucky draw rules of Event 3 follow the Lucky Draw Rules Bases on Binance Chain Hash Value.
- Participants that win rewards in Event 2 will not be eligible to receive rewards from Event 3.
- Binance will use the average closing price at 11:59:59 PM (UTC) of the DUSK/USDT trading pair during the competition period as the DUSK exchange rate used for distribution.
You can go to this Binance page to learn more information
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).
About Dusk Network
Dusk Network brands itself as a privacy blockchain for financial applications. It is a layer-1 blockchain that powers the Confidential Security Contract (XSC) standard, and supports confidential smart contracts. Dusk Network aims to address the requirements and needs of financial markets. Central to its design are thus a scalable public infrastructure, direct settlement finality of transactions, and strict data privacy.
Through the use of a novel transactional model called Phoenix, Dusk Network focuses to bring privacy and anonymity to transactions, as well as smart-contracts. Additionally, tokens deployed on Dusk Network can build on top of Zedger, a hybrid privacy-preserving model based on Phoenix, developed specifically for security tokens.
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