Binance & Bella Protocol Trading Competition - DropsEarn
Binance & Bella Protocol Trading Competition

Binance & Bella Protocol Trading Competition

    Binance and Bella Protocol have teamed up to hold a competition and give away $50,000.

    Reward pool
    $50,000
    Expected profit
    from $10
    Max participants
    DropsEarn score
    Neutral

  • Activity Type: Registration Trading Deposit Margin Competition
  • Date: 2 Dec 2020 03:00(UTC+3) - 9 Dec 2020 03:00(UTC+3)
  • Registration: Closed
  • Event status: You can't participate (Event ended)
  • Links: Official Announcement
Go to event page

Detailed information 

Promotion A: New User Exclusive - $10,000 in BEL

All users that register for a Binance account during the competition period and trade 2,000 BEL or more effective trading volume ( including buys & sells) across any BEL trading pairs will share an exclusive prize pool of 10,000 USD in BEL.

Promotion B: BEL Trading Competition - $40,000 in BEL

All users with a total effective trading volume of 25,000 BEL ( including buys & sells) or more during the competition period will share a pool of 40,000 USD in BEL, based on the proportion of each user‘s total BEL trading volume.

Reward Calculation:

The reward for each qualified user = (Each user’s total effective trading volume / all qualified users’ total effective trading volume) * $40,000 in BEL.

Additional Margin Promotion Benefits:

  • 0% borrowing interest on BEL margin trading pairs.
  • Trading volume completed via margin will be multiplied by a coefficient of 3.
  • All users that borrow BEL from Binance Margin will enjoy VIP+1 borrowing limit.

Terms & Conditions:

  • 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.
  • The validity period for the cash voucher is set at 7 days from the day of distribution.
  • How to Redeem a Cash Voucher.
  • If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
  • BEL trading pairs include BEL/USDT, BEL/BUSD, BEL/BNB, BEL/BTC.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of BEL/USDT trading pair during the competition period as the BEL exchange rate used for distribution.
  • Trading volume counts both buys and sells, excluding any wash trades, across all BEL spot and margin trading pairs.
  • Sub-account trading volume will be combined with the master accounts standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
  • Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at sole discretion.

Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect, or consequential losses as a result of the trading competition. Please make your investments with caution.