Binance & SKALE Network Trading Competition

Detailed information 

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

For each day of this competition, team will pick the top 70 new users who registered for a Binance account on that particular day and traded 7,000 SKL or more in effective trading volume (including buys & sells) via eligible SKL trading pairs. These daily winners (total of 490 for the entire promotion) will share an exclusive prize pool of 10,000 USD in SKL tokens.

The trading competition will run for 7 days, and each activity day runs from 00:00 AM (UTC) to 00:00 AM (UTC) the next day.

Promotion B: Trade SKL, $40,000 in SKL Tokens to be Won

The top 30 users ranked by effective trading volume will share a pool of $40,000 in SKL tokens. The rewards will be split based on each user‘s total trading volume as a proportion of the top 30 users’ total effective trading volume during the competition period.

Reward Calculation:

The reward for each user in the top 30 = (Each user’s total effective trading volume / Top 30 users’ total effective trading volume) * $40,000 in SKL tokens.

Additional Margin Promotion Benefits:

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

Terms & Conditions:

• 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.
• 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.
• SKL trading pairs: SKL/USDT, SKL/BTC.
• Binance will use the average closing price at 11:59:59 PM (UTC) of SKL/USDT trading pair during the competition period as the SKL 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, across all eligible SKL spot and margin trading pairs.
• 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.