Binance exchange and MDA are together launching a Trading Competition to their users. Trade MDA on Binance exchange, You will have a chance to win $100,000 in MDA Tokens.
Competition period: 2021-05-29 0:00 AM to 2021-06-04 11:59 PM (UTC)
MDA Trading Competition On Binance – Tutorial As Below
Register Binance Exchange Account
Event 1: New User Exclusive Reward Of $15,000 In MDA
All new users that register for a Binance account during the competition period and complete a minimum total trading volume (including buys & sells) of 700 MDA in the MDA/BTC trading pair will be qualified to receive a cash voucher of $15 in MDA! Prizes are given out on a first-come-first-served basis (each new user can only receive this prize once).
Event 2: MDA Trading Competition – $75,000 In MDA To Be Won
All users who trade 3,300 MDA or more during the competition period will be ranked based on the total MDA trading volume traded on their Binance accounts (including buys & sells) in the MDA/BTC trading pair during the competition period. The reward structure is as follows:
- 1st place: $15,000 in MDA tokens
- 2nd place: $10,000 in MDA tokens
- 3rd place: $5,000 in MDA tokens
- 4th-15th places: equally split $15,000 in MDA tokens
All other qualified participants: split $30,000 in MDA tokens based on each user’s total trading volume as a proportion of the qualified users’ total effective trading volume (excluding the top 15 winners)
Reward Calculation: The reward for the qualified user other than the top 15 winners = (Each user’s total effective trading volume / all qualified users other than the top 15 winners’ total effective trading volume) * $30,000 in MDA.
Event 3: Trade MDA To Win $200 In Tokens
All users with a total trading volume (including buys & sells) of 2,500 MDA or more in the MDA/BTC trading pair during the competition period will qualify for a Challenge, where 50 winners will be selected based on the Challenge rules to each win $200 in vouchers.
Terms & Conditions
- Binance will use 0.9590 as the MDA/USD 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.
- The Challenge rules of Event 3 follow the Challenge Rules Bases on Binance Chain Hash Value.
- Eligible trading pair: MDA/BTC.
- Trading volume counts both buys and sells in the MDA/BTC spot trading pair, excluding any wash trades.
You can go to this Binance page to learn more information
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