Binance & SAND Trading Competition - DropsEarn
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Binance & SAND Trading Competition

Binance & SAND Trading Competition

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Reward pool

$50,000

equal in SAND

Expected profit

from $10

equal in SAND

Max participants

No limit

DropsEarn score

Neutral

Normal, Low Risks

Details 

Promotion A: New User Exclusive Rewards of $10,000 in SAND.

All users who registered for a new Binance account during the competition period and achieve a total trading volume of 7,000 SAND or more (including buys & sells) across eligible SAND trading pairs (SAND/USDT, SAND/BTC, SAND/BNB) will share an exclusive prize pool of 10,000 USD worth of SAND.

Promotion B: SAND Trading Competition - $40,000 in SAND to be Won.

The top 50 users ranked by trading volume will share a pool of $40,000 in SAND tokens. The rewards will be split based on each user‘s total trading volume as a proportion of the top 50 users’ total trading volume during the competition period.

Reward Calculation:

The SAND reward for each qualified user = (Each user’s total effective trading volume / Top 50 users’ total effective trading volume) * $40,000 in SAND tokens.

Promotion C: Trade SAND to Join 12 Zodiac Limited Edition NFTs (https://www.youtube.com/watch?v=CB73gpiPRJo&feature=youtu.be) Lucky Draw.

All users with a total trading volume (including both buys and sells) of 10,000 SAND or more during the competition period will qualify for the lucky draw. Please fill this form during the competition period. The higher the user transaction volume, the more lucky draw entries. The detailed number of entries is as follows:



Note: Please make sure you are using a Trust Wallet ERC-1155 address to receive the NFT. NFT will not be re-distributed once the distribution is complete.

Lucky Draw Rules:
1,200 winners will be randomly selected from all qualified users when the event concludes (each user may win more than one NFT). The 12 Zodiac NFTs will be distributed in the order of the 12 zodiac signs. The distribution structure is as follows:



 

Additional Margin Promotion Benefits:

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

Terms & Conditions:

  • If you don’t have a Binance account, click here to register and 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 30 days from the date of Futures account activation.
  • SAND trading pairs include SAND/USDT, SAND/BTC, SAND/BNB.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of the SAND/USDT trading pair during the competition period as the SAND/USD exchange rate for SAND distribution.
  • Token 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 14 days from the day of distribution.
  • How to Redeem a Cash Voucher.
  • luckydraw.me tool will be used to pick winners for Promotion C.
  • Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
  • The 12 Zodiac NFTs will be distributed to winners’ Trust Wallet ERC-1155 addresses within 2 weeks after the competition ends. If you are not using an ERC-1155 address, it will not be reissued.
  • If you do not have a Trust Wallet account yet, download the Trust Wallet here and learn how to create a Trust wallet here.
  • Fill in this form during the activity, so team know where to send your NFT.
  • The effective trading volume counts both buys and sells, excluding any wash trades, across SAND spot and margin trading pairs.
  • 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.
  • 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 trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

About

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

Activity Type

Registration

Trading

Competition

Date

5 Mar 2021 03:00(UTC+3) - 12 Mar 2021 03:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)