Binance & Chiliz Trading Competition - DropsEarn
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Binance & Chiliz Trading Competition

Binance & Chiliz Trading Competition

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Reward pool

$100,000

equal in CHZ

Expected profit

from $10

equal in CHZ

Max participants

No limit

DropsEarn score

Neutral

Normal, Low Risks

Event details

Promotion A: New User Exclusive Promotion & Rewards of 35,000 USD in CHZ Tokens.

The first 500 new Futures users with a minimum total trading volume of $10,000 CHZUSDT perpetual swap during each daily qualifying period will win 10 USD in CHZ tokens each.
There are seven 24-hour daily qualifying periods in total, the first of which will be on 2021-01-22 at 0:00:00 AM (UTC). Each qualified user is limited to one prize for this promotion.

Promotion B: Trade CHZUSDT Perpetual Swap to Win from a Pool of $50,000 USD in CHZ Tokens.

All users will be ranked based on their total valid CHZUSDT Perpetual Swap trading volume (including both buys and sells) during the competition period.

The reward structure is as follows:

  • 1st place: 10,000 USD in CHZ tokens
  • 2nd place: 5,000 USD in CHZ tokens
  • 3rd place: 3,000 USD in CHZ tokens
  • 4th-10th place: split 5,000 USD in CHZ tokens equally
  • 11th-50th place: split 27,000 USD in CHZ tokens equally

Promotion C: Lucky Draw: Trade CHZUSDT Perpetual Swap to Enter the Lucky Draw.

All users (excluding winners of Promotion B) with a total valid CHZUSDT Perpetual Swap trading volume (including both buys and sells) of 20,000 USDT or more during the competition period will qualify for entry into a lucky draw. A total of 150 lucky winners will be randomly drawn to each win 100 USD in CHZ tokens.

The lucky draw rules are as follows.

  • Team will take the final 8 numeric digits of the last Binance chain hash value at 11:59 PM (UTC) on the last day of this promotion period as the winning number.
  • Team will then use this winning number to match User IDs from the first digit onward. The 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, team will then further select winners based on their User IDs in ascending order (The earlier the registration time, the lower the UID number).
  • For example:
    • Assume that the last Binance Chain block hash value on the last day of this promotion period is: 3E53A755905113FD1738F0A585D65CE4AC942AAF214625512E30A07FBBA5DFA5
    • Removing the letters from the hash value gives a string of numbers: 35375590511317380585654942214625512300755
    • The winning number is 12300755.
      • Comparing the 8 digits of all User IDs, if it matches the last 8 digits of the winning number 12300755, the user will be a winner.
      • Users whose UIDs have 7 consecutive digits that match 7 consecutive digits of the winning number will prioritize over users whose UIDs having 6 consecutive digits that match 6 consecutive digits of the winning number.
      • By analogy, if the user's UID is not matched with 6 to 8 consecutive digits, and the 5 consecutive digits are consistent with the winning number, the winner will be awarded.
      • If there is 1 winner left, suppose user A's UID is 42300790 (alignment matching 12300755), and user B's UID is 35600755 (alignment matching 12300755), then user A and user B have the same winning probability because team will then further select winners based on their User IDs in ascending order (The earlier the registration time, the lower the UID number).

Futures journey guidance:


Terms:

  • Winners of promotion A can also win rewards in Promotion B and Promotion C. Winners of Promotion B will not be eligible for Promotion C.
  • If you have not opened a Binance account yet, you can click here for an additional 10% discount on trading fees. 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.
  • Sub-accounts will not be viewed as independent accounts when participating in this activity.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of CHZ/USDT perpetual trading pair during the competition period as the CHZ exchange rate used for distribution.
  • 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 voucher is valid from the date of distribution till the specified expiry date.
  • Binance reserves the right to disqualify trades that are deemed to be wash trades or from illegally bulk registered accounts, self-dealing or display attributes of market manipulation, etc.
  • Binance reserves the right to cancel or amend the Competition or Competition Rules at sole discretion.

Risk Warning: Futures trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures.

 
 
 

About

To celebrate the listing of CHZUSDT Perpetual Swap on Binance Futures, Binance and Chiliz have committed a total of 100,000 USD in CHZ tokens to be given away to users.

Activity Type

Registration

Trading

Competition

Tasks

Random reward

KYC

Date

22 Jan 2021 03:00(UTC+3) - 29 Jan 2021 03:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)