Binance & WazirX Trading Competition - DropsEarn
Binance & WazirX Trading Competition

Binance & WazirX Trading Competition

    Binance and the WazirX team have committed a total of $50,000 in WRX tokens as prizes for a new trading competition.

    Reward pool
    $50,000
    Expected profit
    from $10
    Max participants
    DropsEarn score
    Neutral

  • Activity Type: Registration Bonus Trading Deposit Margin Competition
  • Date: 28 Oct 2020 03:00(UTC+3) - 4 Nov 2020 03:00(UTC+3)
  • Registration: Closed
  • Event status: You can't participate (Event ended)
  • Links: Registration Official Announcement
Go to event page

Detailed information 

Promotion A: NEW USER Exclusive Rewards of 10,000 USD in WRX.

All users that register for a Binance account during the competition period and complete any 1 of the 2 tasks below will share an exclusive prize pool of 10,000 USD in WRX tokens.

  • Trade 2,000 WRX or more (buys & sells) in any WRX trading pairs.
  • Deposit 2,000 WRX or more in a Binance account from an external wallet or another exchange (including WazirX).

Promotion B: WRX Trading Competition.

Users will be ranked based on the total trading volume within their Binance account across all WRX trading pairs during the competition period.

The reward structure is as follows:

  • 1st place: 8,000 USD in WRX tokens
  • 2nd place: 4,000 USD in WRX tokens
  • 3rd place: 3,000 USD in WRX tokens
  • 4th-10th place: split 5,000 USD in WRX tokens equally

Promotion C: Trade WRX to Share a Bonus of 20,000 USD in WRX tokens.

All users with a total trading volume of 10,000 WRX or more during the competition period will equally share a prize pool of 20,000 USD in WRX tokens.

Additional Margin Promotion Benefits:

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

Terms & Conditions:

  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to login 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.
  • 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.
  • Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of WRX/USDT trading pair on Binance during the competition period as the exchange rate used for distribution.
  • Trading volume counts both buys and sells, excluding any wash trades, across all WRX 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 illegal bulk registration accounts, self-dealing or display attributes of market manipulation, etc..
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via Distribution History > Wallet > Account Center.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at 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.