Binance exchange and RIF are together launching a Trading Competition to their users. Trade RIF on Binance exchange, You will have a chance to win $50,000 in RIF Tokens.
Competition period: 2021-04-29 0:00 AM to 2021-05-05 11:59 PM (UTC)
Trade RIF On Binance – Tutorial As Below
Register Binance Exchange Account
Event 1: New User Exclusive Reward Of $5,000 In RIF
All users that register for a Binance account during the competition period and trade 1,000 RIF or more effective trading volume (including buys & sells) in RIF trading pairs will share an exclusive prize pool of $5,000 in RIF tokens.
Event 2: Trade RIF And Win Up To $45,000 In RIF Tokens
Achieve a minimum total trading volume (including buys and sells) of 2,000 RIF during the competition period to qualify for the prize pool distribution. The total prize pool will increase proportionally with the total trading volume of all qualified users. The more participants there are, the higher the total prize pool will be. The maximum prize pool is $45,000 in RIF tokens.
|Qualified users’ trading volume (RIF)|
|Total prize pool (in RIF)|
Reward Calculation: The RIF reward for each qualified user = (Each qualified user’s total effective trading volume / all qualified users’ total effective trading volume) * Total prize pool reached.
Terms & Conditions
- RIF trading pairs: RIF/BTC and RIF/USDT.
- 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.
- Binance will use the average closing price at 11:59:59 PM (UTC) of RIF/USDT trading pair during the competition period as the RIF exchange rate used for distribution.
You can go to this Binance page to learn more information
RIF (Rootstock Infrastructure Framework) is a third layer on top of Bitcoin that provides a wide range of solutions based on blockchain technology such as payments, storage, and domaining (RNS). It is a tech-stack where the $RIF token is required to use these services. RIF aims to create collaborative marketplaces where individuals interact on a peer-to-peer basis coordinated by immutable smart contracts in order to exchange information, value, and services with full control and transparency.
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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