LIT Trading Competition On Binance – Win $50,000 In LIT Tokens

LIT Trading Competition On Binance - Win $50,000 In LIT Tokens

Binance exchange and ​​LIT are together launching a Trading Competition to their users. Trade ​​LIT Tokens on Binance exchange, You will have a chance to win $50,000 in ​​LIT Tokens.  

Competition period: 2021-04-09 0:00 AM to 2021-04-15 11:59 PM (UTC)

LIT Trading Competition On Binance – Tutorial As Below

Register Binance Exchange Account

Register Binance exchange account by our link to receive a lifetime 10% trading fee discount. You can read this Tutorial Of Binance Registration

Event 1: New User Exclusive Rewards Of $5,000 In LIT

All users that register for a Binance account during the competition period and trade any LIT in eligible LIT trading pairs will qualify for a lucky draw, where 100 lucky winners will be randomly drawn to each win $50 in LIT tokens.

Event 2: LIT trading competition – Win $35,000 In LIT Tokens

The top 20 users ranked by effective trading volume (buys and sells) in eligible LIT trading pairs will share a pool of $35,000 in ​​LIT 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 20 = (Each user’s total effective trading volume / Top 20 users’ total effective trading volume) * $35,000 in LIT tokens.

Event 3: Trade LIT To Win from The Lucky Draw For $500 in LIT Tokens

All users with a total trading volume (including both buys and sells) of 1,000 LIT or more during the competition period will qualify for a lucky draw, where 20 lucky winners will be randomly drawn to each win $500 in LIT tokens.

Additional Margin Promotion Benefits:

  • 0% borrowing interest on LIT margin trading pairs.
  • Trading volume completed via margin will be multiplied by a coefficient of 2.
  • All users that borrow LIT from Binance Margin will enjoy VIP+1 borrowing limit.

Terms & Conditions

  • 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.
  • Eligible LIT trading pairs: LIT/USDT, LIT/BTC.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of the LIT/USDT trading pair during the competition period as the LIT exchange rate used for distribution.
  • Participants that win rewards in Event 2 will not be eligible to receive rewards from Event 3.
  • The lucky draw rules of Event 1 and Event 3 follow the Lucky Draw Rules Bases on Binance Chain Hash Value.

You can go to this Binance page to learn more information

About LIT

Decentralized identity authentication and user activity data management Infrastructure. Build on Substrate, Ready for Polkadot. Litentry is helping support change that is in favor of a user-centric network with the blockchain. Litentry includes an identity-based network and related tools, features an identity matching and identity staking mechanism, as a whole it consists of decentralized identity and user activity data management infrastructure.

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).

Join Other Trading Competitions To Get Rewards

You can learn more about other trading competitions at our page of Trading competitions and don’t forget to follow us to receive newsletters:

Like our Facebook page and share (Optional)

Join our Telegram group and Telegram channel (Optional)

Good luck,

Latest Articles

Inline Feedbacks
View all comments