To celebrate WAVES/USDT Perpetual Futures contract being listed on the Futures platform. Binance and the WAVES team are together launching a trading competition with a total of $100,000 USD in WAVES tokens as prizes.
Competition Period: 2020/08/14 0:00 AM to 2020/08/21 0:00 AM (UTC)
WAVES Trading Competition On Binance – Tutorial As Below
Register Binance Futures Account
Register Binance futures account by our link to receive a 10% Trading Fee discount within 30 days.
Event 1: New User Exclusive Rewards – Win $20,000 In WAVES Tokens Of Prizes
The first 2,000 users that open a Binance Futures account and complete trading volume of $1,000 USDT or more (incl buys & sells) in the WAVES/USDT perpetual contract during the promotion period will each win $10 USD in WAVES tokens. Rewards will be distributed based on a first-come, first-served basis to the first 2,000 users that meet requirements.
Event 2: USDT Profit Ranking Competition – Win $30,000 In WAVES Tokens
All users will be ranked based on their final USDT PNL across all USDT-Ⓜ futures contracts during the competition. To be eligible, users also need to have at least $10,000 USDT in trading volume completed on the WAVES/USDT perpetual contract. The reward structure is as follows:
- 1st Place: win $8,000 USD in WAVES tokens
- 2nd Place: $5,000 USD in WAVES tokens
- 3rd Place: $2,000 USD in WAVES tokens
- 4th – 10th Place: equally split a pool of $15,000 USD in WAVES tokens
Event 3: USDT Profit Lucky Draw Competition – Win $50,000 In WAVES Tokens
Users with a minimum total trading volume of $10,000 USDT or more on the WAVES/USDT perpetual contract will be entered into a lucky draw, where 500 lucky winners will be randomly drawn to each win $100 USD in WAVES tokens.
The lucky draw rules are as follows:
- Binance will take the final 8 numeric digits of the last Binance chain hash value at 2020/08/21 0:00 AM (UTC) as the winning number.
- Binance will then use this winning number to match User IDs from the first digit onward. The 500 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).
- The Top 10 ranked users in Event 2 are not eligible to participate in Event 3.
- Individual USDT Profit = Final Account Balance (including unrealized pnl) – Initial Account Balance (including unrealized pnl) + Withdrawals – Deposits – Referral bonuses.
- Total valid trading volume counts both buys and sells, excluding any wash trades.
- Binance will use the real price of the WAVESUSD perpetual contract trading pair during the competition period as the exchange rate between USD and WAVES for prize distribution.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via the Distribution History page in the Account Center.
You can go to this Binance page to learn more information
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).
Binance Futures is the fastest-growing crypto-derivative exchange by trading volume. Binance Futures currently offers the highest leverage of 125x margin among major crypto exchanges, making it one of the most competitive products in the market. This was made possible by their robust risk management system, which includes a sophisticated risk engine, smart liquidation model, and insurance funds that provide traders with extra protection for highly leveraged trading.
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