Binance & Ontology Trading Competition - DropsEarn
Binance & Ontology Trading Competition

Binance & Ontology Trading Competition

    Binance and Ontology are together holding a campaign to give away 50,000 USD in ONT tokens and 15,000 USD in Binance Futures vouchers in appreciation of the community’s continued support.

    Reward pool
    $65 000
    Expected profit
    from $3
    Max participants
    DropsEarn score
    Neutral

  • Activity Type: Trading Competition Futures
  • Date: 10 Jun 2020 03:00(UTC+3) - 17 Jun 2020 03:00(UTC+3)
  • Registration: Closed
  • When reward: Rewards will be distributed within 2 weeks after the competition ends.
  • Event status: You can't participate (Event ended)
  • Links: Register link with 10% trading fee Official Announcement
Go to event page

How To

  1. Log in to your account on Binance exchange or create a new (new accounts can participate in Promotion A).
  2. If you register a new Binance account during the competition period and trade at least 5,000 USDT on the ONT/USDT Binance Futures perpetual trading pair will share a prize pool of 15,000 USDT in Binance Futures vouchers
  3. Trade ONT in any of the available pairs during the contest period (Promotion B).
  4. If you trade at least 20,000 ONT you can you can get a guaranteed reward (Promotion C - equally share a prize pool of 25,000 USD in ONT tokens).

Additional Information

Promotion A: 10% Trading Fee Discount + $15,000 in Binance Futures Vouchers to be Won.

To participate in these promotions you will need a Binance account. Don’t have one yet? Click here to register and receive a special 10% discount on trading fees!

Additionally, all users that register a new Binance account during the competition period and trade at least 5,000 USDT on the ONT/USDT Binance Futures perpetual trading pair will share a prize pool of 15,000 USDT in Binance Futures vouchers.

Promotion B: Rank in the Top 3 by ONT Trading Volume to Win Up to $12,000 in ONT Tokens.

All users will be ranked in terms of the total ONT trading volume traded on their Binance account (including both buys and sells on spot and margin) across all ONT trading pairs during the competition. The reward structure is as follows:
 

1st place: 12,000 USD in ONT tokens

2nd place: 8,000 USD in ONT tokens

3rd place: 5,000 USD in ONT tokens

Promotion C: Trade ONT to Share a Prize Pool of $25,000 in ONT Tokens!

All users with total trading volume (including both buys and sells on spot and margin) of 20,000 ONT or more during the competition period will equally share a prize pool of 25,000 USD in ONT tokens.


Terms & Conditions:

  • Users that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
  • ONT spot and margin trading pairs include ONT/BTC, ONT/ETH, ONT/BNB, ONT/BUSD and ONT/USDT. The ONT perpetual trading pair includes ONT/USDT. 
  • 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.
  • Binance will use the average price of ONT/USDT trading pairs during the competition period as the ONT/USDT exchange rate used for distribution.
  • Sub-account and margin 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.
  • Trading volume counts both buys and sells, excluding any wash trades.
  • Please refer here for Futures Bonus Voucher Terms and Conditions
  • The bonus vouchers will be valid for 7 days from the day of distribution as per the terms and conditions linked above.
  • 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.
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and see your rewards via the Distribution History page in the Account Center.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at our 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.