Binance & Vanilla Options Testnet - DropsEarn
Binance & Vanilla Options Testnet

Binance & Vanilla Options Testnet

    Binance has launched the Vanilla Options testnet. To provide better user experience, team invite all users worldwide to participate in public test of Binance Vanilla Options.

    Reward pool
    ~ $20,000
    Expected profit
    from $4
    Max participants
    DropsEarn score
    Neutral

  • Activity Type: Registration Trade Testnet
  • Date: 9 Nov 2020 09:00(UTC+3) - 20 Nov 2020 09:00(UTC+3)
  • Registration: Closed
  • Event status: You can't participate (Event ended)
  • Links: Official Announcement
Go to event page

How to participate

Detailed information 

Promotion A: Participate in options product testing and win 50 BNB awards.

  • All users who try Binance Vanilla Options on the testnet and send interactive feedback via this form will get 1 BNB as a reward after Binance confirms your feedback. A total of 20 BNB is in store for all participants.
  • All users who try Binance Vanilla Options on the testnet and send feedback on bugs via this form will get 1 BNB as a reward if the bug feedback was confirmed by Binance. There’sca a total prize pool of up to 30 BNB for all participants. The additional rewards are as follows.
  1. 20% bonus for two consecutive valid reports
  2. 50% bonus for three consecutive valid reports

Promotion B: Trade Binance Vanilla Options to Earn up to 150 BNB.

After registration, all users can claim 100,000 USDT from Binance Vanilla Options Testnet for options margin and trade on the BTC/USDT trading pair. All users will be ranked based on the BTCUSDT PNL during this promotion period. The top 50 winners will share a 600 BNB prize pool according to the rewards structure below:

  • 1st Place: 150 BNB
  • 2nd Place: 50 BNB
  • 3rd Place: 40 BNB
  • 4th-10th: equally split a prize pool of 140 BNB
  • 11th-20th: equally split a prize pool of 100 BNB
  • 21th-50th: equally split a prize pool of 120 BNB

Promotion C: Complete Vanilla Options Testnet Survey to Earn BNB Lucky Draw.

All users can submit this Vanilla Options Testnet Survey Form. 20 lucky winners will be randomly selected from all valid questionnaires, and team’re giving 1 BNB per user.


Terms & Conditions:

  • Binance Vanilla Option FAQ
  • Profit calculation formula: profit calculation = end balance + final position value-initial balance;
  • Earnings ranking: unlimited duration; if not to exercise time, according to the option at that time position value calculation.
  • Final position value = final position number * final option mark price;
  • Interactive experience feedback rewards follow the principle of submitting time and reward peripheral gifts randomly distributed;
  • User feedback product availability problem needs to be issued after confirmation by the option product group;
  • Rewards distribution: BNB rewards use the BNB/USDT price at the time distribution;
  • Reward distribution: cash wallets distributed to users 2 weeks after the end of incentive activities;
  • Binance reserves the final interpretation of this public beta activity;

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.