Binance exchange and HARD are together launching a Trading Competition to their users. Trade HARD on Binance exchange, You will have a chance to win $50,000 in HARD Tokens.
Competition period: 2021-05-26 0:00 AM to 2021-06-01 11:59 PM (UTC)
HARD Trading Competition On Binance – Tutorial As Below
Register Binance Exchange Account
Event 1: New User Exclusive Reward Of $5,000 In HARD
All users that register for a Binance account during the competition period and complete a minimum total trading volume (including buys and sells) of 600 HARD tokens in qualified HARD spot or margin trading pairs will be qualified to share a prize pool of $5,000 in HARD tokens.
Event 2: HARD Trading Competition – $35,000 In HARD To Be Won
The top 20 users ranked by effective trading volume (including buys and sells) in qualified HARD spot or margin trading pairs will share a pool of $35,000 in HARD.
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 qualified user = (Each user’s total effective trading volume / Top 20 users’ total effective trading volume) * $35,000 in HARD
Event 3: Trade HARD To Win $500 In HARD Tokens
Users ranked 33rd, 66th, 133rd, 166th, 233rd, 266th, 333rd, 366th and so forth until the 933rd and 966th places based on their effective trading volume (including buys and sells) in qualified HARD spot or margin trading pairs during the period will each receive a $500 reward in HARD tokens.
Additional Margin Promotion Benefits:
- 0% borrowing interest on HARD margin trading pairs.
- Trading volume completed via margin will be multiplied by a coefficient of 3.
- All users that borrow HARD from Binance Margin will enjoy VIP+1 borrowing limit.
Terms & Conditions
- Qualified HARD trading pairs: HARD/USDT, HARD/BNB, HARD/BTC.
- Binance will use the average closing price at 11:59:59 PM (UTC) of HARD/USDT trading pair during the competition period as the HARD 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.
- Winners from Event 2 will not be eligible for winning rewards from Event 3.
- Trading volume counts both buys and sells, excluding any wash trades, across all HARD spot and margin trading pairs.
You can go to this Binance page to learn more information
HARD Protocol is a decentralized money market built on Kava, enabling the lending and borrowing of cross-chain assets. HARD Protocol supports supply-side deposits for BTC, XRP, BNB, BUSD, and USDX. The platform will allow overcollateralized borrowing for supported assets.
All HARD tokens distributed as rewards are locked by a smart contract. Users that claim HARD tokens with longer vesting schedules will receive more tokens. The exact options for token redemptions are subject to governance voting. The HARD token is the native governance token of the platform and has the following use cases: – Liquidity mining rewards: the HARD token is rewarded to users who deposit and/or borrow supported assets. – Governance voting: HARD token holders can participate in platform governance voting and earn HARD rewards.
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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