This is a general announcement. Products and services referred to here may not be available in your region.
Promotion Period: 2023-05-08 10:00 (UTC) - 2023-05-22 23:59 (UTC)
Binance Earn is delighted to launch a new promotion for Dual Investment and Range Bound users! All users who confirm their registration here and complete eligible subscriptions to Dual Investment and/or Range Bound products during the Promotion Period will stand to receive up to 2,500 USDT in token vouchers each. The higher the Total Eligible Subscription Amount, the higher the token voucher rewards.
List of Requirements for Eligible Dual Investment & Range Bound Subscriptions:
For Dual Investment: Only Sell High and Buy Low subscriptions with a Settlement Date no later than 2023-05-22 23:59 UTC), will count as eligible subscriptions.
For Range Bound: The Reference Price of the Range Bound Underlying Asset is maintained within the selected Price Range during the entire Subscription Period. The Settlement Date must be no later than 2023-05-22 23:59 (UTC).
Cryptocurrency or stablecoin holdings that are locked in Dual Investment and Range Bound subscriptions must be redeemed in the form of the Deposit Currency (i.e., the currency used to subscribe to a Dual Investment or Range Bound product) on the Settlement Date.
Promotion A: Complete Eligible Range Bound and Dual Investment Subscriptions and Get Up to 1,500 USDT in Token Vouchers
All eligible users who opt-in to the promotion can stand to receive up to 1,500 USDT in token vouchers each, depending on their Total Eligible Subscription Amount.
Total Eligible Subscription Amount = Total Eligible Dual Investment Subscription Amount during the Promotion Period + Total Eligible Range Bound Subscription Amount during the Promotion Period
Rewards Structure:
Please note: Rewards of each tier will be distributed to a limited number of eligible users on a first-come, first served basis, as shown in the table above. Please note that users may receive rewards from a lower tier, if all rewards for the tier corresponding to their Total Eligible Subscription Amount have been fully distributed.
Calculation Example for Total Eligible Subscription Amount:
During the Promotion Period, a user makes two Dual Investment subscriptions, with Settlement Dates that will take place before 2023-05-22 23:59 UTC).
Subscription 1: $40,000 worth of BTC in a BTC Sell High subscription
Subscription 2: $40,000 worth of USDT in a BTC Buy Low subscription
Hence, the Total Eligible Dual Investment Subscription Amount is $80,000 equivalent.
During the Promotion Period, the user also completes two BTC Range Bound subscriptions with different Price Ranges, worth $100,000 equivalent each. Similarly, the Settlement Dates will take place before 2023-05-22 23:59 UTC).
Subscription 1: The Reference Price of BTC is maintained within the selected Price Range during the entire Subscription Period.
Subscription 2: The Reference Price of BTC has exceeded the selected Price Range at least once during the Subscription Period.
Hence, the Total Eligible Range Bound Subscription Amount is $100,000 equivalent.
Therefore, the user’s Total Eligible Subscription Amount is $180,000 equivalent. Based on the rewards structure above, the user will then qualify to receive a 200 USDT token voucher,
Promotion B: Be Amongst the Top Ten Users With the Highest Total Eligible Subscription Amount to Get Up to 1,000 USDT in Token Voucher
In addition, a separate 3,000 USDT token voucher rewards pool will be unlocked once the Total Eligible Subscription Amount of all eligible participants reaches a minimum of 10,000,000 USDT equivalent. All eligible participants will then be ranked by their Total Eligible Subscription Amount during the Promotion Period, and the top ten eligible users will qualify for rewards, as per the rewards structure below.
Rewards Structure:
User Rankings Based on Total Eligible Subscription Amount | Reward per Eligible User in Token Voucher * |
|---|---|
1st Place | 1,000 USDT |
2nd - 3rd Places | 500 USDT |
4th - 5th Places | 250 USDT |
6th - 10th Places | 100 USDT |
How to Participate:
Step 1: Click on the [Join Promotion] button on the activity page.
Step 2: Complete eligible Dual Investment or Range Bound subscriptions to start earning rewards.
For More Information:
Terms and Conditions:
Users should click the [Join Promotion] button to successfully participate in the promotion and be eligible for any rewards.
All users must complete KYC to be eligible for any rewards.
All subscription amounts will be measured in USDT equivalent value using the closing price of the day of which the subscription happens.
Total Eligible Subscription Amount = Total Eligible Dual Investment Subscription Amount during the Promotion Period + Total Eligible Range Bound Subscription Amount during the Promotion Period
Only subscriptions with a Settlement Date that is no later than 2023-05-22 23:59 (UTC) are eligible for this promotion.
Rewards for this promotion and the Range Bound Grand Tournament are mutually exclusive. If a user participates in both promotions, the user will only receive the higher reward from either promotion.
Once subscribed to Dual Investment or Range Bound, you cannot cancel the subscription or redeem your assets early.
Rewards will be distributed by 2023-06-05. Users will be able to log in and redeem their token voucher rewards via Account > Reward Center.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Additional promotion terms and conditions can be accessed here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You may be better off holding your cryptocurrency, and may be required to trade at a rate less favorable than the market rate on the Settlement Date. Not financial advice. For more information, see our Terms of Use and Risk Warning.