To celebrate the EGLDUSD Coin-Margined Perpetual Futures contract being added to Binance Futures, Elrond and Binance are together launching a trading competition to community. Trade EGLDUSD pair on Binance Futures, You will have a chance to win $100,000 in EGLD Tokens.
Competition period: 2020/12/22 0:00 AM to 2020/12/29 00:00 AM (UTC).
Trade EGLDUSD On Binance Futures To Win $100,000 In EGLD Tokens
Register Binance Futures Account
Event 1: New User Exclusive Rewards Of $50,000 In EGLD Tokens
All new Coin-Margined users who trade $1,000 USD or more Coin-Margined EGLDUSD Perpetual Futures contract during the promotion will win $10 USD each in EGLD tokens based on the first-come, first-served basis. A total $50,000 to be won for the first 5,000 users.
Event 2: Trade Coin-Margined EGLD Perpetual Futures To Win $50,000 USD In EGLD Tokens
All users will be ranked in terms of Coin-Margined EGLDUSD Perpetual Futures trading volume traded on their Binance futures accounts (including both buys and sells) during the activity period for the EGLDUSD trading pair. The reward structure is as follows:
- 1st place: 10,000 USD in EGLD tokens.
- 2nd place: 5,000 USD in EGLD tokens.
- 3rd place: 3,000 USD in EGLD tokens.
- 4th-10th place: split 12,000 USD in EGLD tokens equally.
- 11th-50th place: split 20,000 USD in EGLD tokens equally.
Terms and conditions
- The exchange rate between EGLD and USDT: 1 EGLD = 20.50 USDT.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards in the Distribution History section of your Account Center.
You can go to this Binance page to learn more information of Elrond Trading Competition On 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).
Elrond is a complete rethinking of public blockchain infrastructure, specifically designed to be secure, efficient, scalable and interoperable. Elrond’s main contribution rests on two cornerstone building blocks:
A genuine State Sharding approach: effectively partitioning the chain state into multiple shards, handled in parallel by different participating validators;
Secure Proof of Stake consensus mechanism: an improved variation of Proof of Stake (PoS) that ensures long term security and distributed fairness, while eliminating the need for energy intensive PoW algorithms.
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