KAVA Trading Competition - Tesla Model Y - DropsEarn
KAVA Trading Competition - Tesla Model Y

KAVA Trading Competition - Tesla Model Y

    Binance and KAVA are together giving away a Tesla Model Y (worth 49,990 USD) and a total of 27,800 USD in KAVA tokens.

    Reward pool
    ~$77,800
    Expected profit
    from $3
    Max participants
    DropsEarn score
    Neutral

  • Activity Type: Trading Margin
  • Date: 3 Nov 2020 03:00(UTC+3) - 10 Nov 2020 03:00(UTC+3)
  • Registration: Closed
  • When reward: Rewards will be distributed via cash vouchers within 2 weeks after the competition ends.
  • Event status: You can't participate (Event ended)
  • Links: Official Announcement
Go to event page

Promotion A: Trade KAVA to Win a Tesla Model Y!

The trader with the highest KAVA trading volume during the activity period will win a Tesla Model Y Long Range model (worth 49,990 USD).

Promotion B: Trade KAVA to Share from a Pool of 27,800 USD in KAVA Tokens.

Users ranked 9th, 19th, 29th, 39th, and so on until the 1999th place of the top 2,000 KAVA traders based on their trading volume will split a total of 27,800 USD in KAVA.

Additional Margin Promotion Benefits:

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

Terms & Conditions:

  • The Tesla Model Y reward does not include taxes, fees, and shipping fees. The KAVA team supports replacing the Tesla with an equivalent reward in KAVA tokens.
  • Rewards will be distributed via cash vouchers within 2 weeks after the competition ends. You will be able to login and redeem your cash 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.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of KAVA/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 KAVA 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..
  • 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.