Binance exchange and Nervos Network are together launching a Trading Competition to their users. Trade CKB Tokens on Binance, You will have a chance to win $50,000 in CKB Tokens.
Competition period: 2021-01-27 00:00 AM to 2021-02-03 00:00 AM (UTC)
Nervos Network Trading Competition On Binance – Tutorial As Below
Register Binance Exchange Account
Event 1: Deposit CKB Tokens – Get Free $10
All users who have a net deposit (deposit minus withdrawal) of 5,000 CKB tokens or more on their Binance account from a non-Binance external source will each win a reward of $10 in CKB tokens. A total bonus pool of $10,000 will be distributed on a first-come, first-served basis to the first 1,000 users that meet requirements, ordered by the time that requirement was met.
Event 2: Trade CKB And Win $30,000 In CKB Tokens
The top 30 users ranked by effective trading volume will share a pool of $30,000 in CKB tokens. The rewards will be split based on each user‘s total trading volume as a proportion of the top 30 users’ total effective trading volume during the competition period.
Reward Calculation: The reward for each user in the top 30 = (Each user’s total effective trading volume / Top 30 users’ total effective trading volume) * $30,000 in CKB tokens.
Event 3: Trade CKB To Win From Lucky Draw For $100 In CKB Tokens
All users with a total trading volume (including both buys and sells) of 200,000 CKB or more during the competition period will qualify for a lucky draw, where 100 lucky winners will be randomly drawn to each win $100 in CKB tokens.
- Binance will take the final 8 numeric digits of the last Binance Chain hash value at 00:00 AM (UTC) on the last day of this promotion period as the winning number.
- Binance will then use this winning number to match User IDs from the first digit onward. The lucky winners whose IDs have the most consecutive identical digits will win the lucky draw.
- If the number of matches exceeds the number of winners, Binance will then further select winners based on their User IDs in ascending order (The earlier the registration time, the lower the UID number).
Terms & Conditions
- CKB trading pairs eligible: CKB/USDT, CKB/BTC.
- Trading volume counts both buys and sells, excluding any wash trades, across CKB/USDT and CKB/BTC trading pairs.
- Binance will use the average closing price at 11:59:59 PM (UTC) of CKB/USDT trading pairs during the competition period as the CKB 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 voucher via Account > Reward Center.
- Participants that win rewards in Event 2 will not be eligible to receive rewards from Event 3.
You can go to this Binance page to learn more information
About Nervos Network
The Nervos Network describes itself as an open-source public blockchain ecosystem and collection of protocols. The Nervos CKB (Common Knowledge Base) is the layer 1, proof of work public blockchain protocol of the Nervos Network. It reportedly allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts and layer 2 scaling. It aims to capture the total network value through its “store of value” crypto-economic design and native token, the CKB
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)