This is a general announcement, and the products and services mentioned here may not be applicable in your region.
Dear users:
Binance contracts are launching a special event for new contract users! Eligible participants who reach net recharge and trading volume milestones within 14 days of creating their contract account can unlock free positions equivalent to up to 5,000 USDT.
How to qualify for rewards:
Eligible new contract users will receive a prompt to join the event when creating their Binance contract account, and the event task must be completed within 14 days after account creation. Eligible participants can unlock corresponding free positions based on the level achieved after meeting the net recharge and trading volume requirements, with specific rewards as follows.
Reward levels:
*Net recharge refers to: the total recharge of the user's contract wallet during the event period minus the withdrawal amount.
**Trading volume includes: USDT-based contracts, coin-based contracts, grid trading, and copy trading, excluding API trading.
Eligible participants must simultaneously meet net recharge and trading volume requirements to unlock level rewards. Each eligible participant can only unlock one level reward, and the higher level reward is applicable.
For example, if user A meets the requirements for both level two and level three rewards, they will only receive the level three reward.
Special alliance partner/KOL reward levels:
Eligible new contract users who register a contract account through a designated alliance partner or KOL referral code will qualify to unlock two special reward levels when meeting the net recharge and trading volume requirements, as shown in the table below:
Please note:
New users can join tasks on the contract trading page after opening a Binance contract account and completing registration.
Participants must meet both net recharge and trading volume requirements within 14 days of creating their contract account during the event period to receive the corresponding rewards.
Users who create a contract account just before the end of the event (e.g., on November 30, 2024) have 14 days (i.e., until December 13, 2024) to complete the tasks.
Reward levels will be determined based on the lowest condition met between net recharge and trading volume.
For example: If a participant's net recharge is $500 and the trading volume is $100,000, the corresponding reward is a free position of 500 USDT (Level 2).
Users can check task progress on the contract trading page. After meeting task requirements, the system will verify task completion within 3 days. Upon successful verification, eligible users will receive the corresponding free position reward, which can be claimed from the contract trading page banner or [Featured Functions].
Free positions must be claimed within 14 days after the reward is issued. Failure to claim within the specified time will be considered as automatic forfeiture of the reward, and the free position will become invalid after this period.
Terms and Conditions:
The event is limited to regions and users who have opened contract trading services, and may not be available or restricted in certain jurisdictions or regions, or restricted for certain users, depending on legal and regulatory requirements;
This event is open to all new Binance contract users, including existing Binance users who did not have a contract account before the event started;
Net recharge refers to the total recharge of the user's contract wallet during the event period minus the withdrawal amount;
For recharges made in currencies other than USDT, the system will automatically use the exchange rate from the previous day at 07:59:59 (UTC+8). This exchange rate will be used to verify if the net recharge meets the requirements;
Trading volume includes USDT-based contracts, coin-based contracts, grid trading, and copy trading, excluding API trading;
Free position rewards will be awarded to qualified users who meet both net recharge and trading volume requirements;
Eligible users must use the rewards within 14 days from the date of issuance. Failure to claim within the specified time will be considered as automatic forfeiture of the reward, and the free position will become invalid after expiration, with no replacement positions or other rewards provided;
Binance reserves the right to extend or modify the event duration at its discretion;
Sub-accounts do not qualify to participate in this event. All referral activities and eligibility of referred persons must be conducted through the main account. All trading activities of sub-accounts will be combined and calculated under the main account;
Users are responsible for understanding and complying with any restrictions and/or requirements imposed by the countries where Binance services are provided regarding access to and use of Binance contract trading services;
Binance reserves the right to cancel the eligibility of any participant it reasonably believes has engaged in fraudulent activity or failed to comply with any applicable terms and conditions at any time, without further notice, including but not limited to canceling, extending, terminating, or suspending this event, eligibility criteria and standards, selection and number of winners, and timing of any actions, all participants shall be bound by these revised terms;
Binance reserves the right to cancel the participation of any participant it reasonably believes has engaged in fraudulent activity or failed to comply with any applicable terms and conditions;
For any participants who tamper with Binance's program code or use other software to interfere with the operation of Binance's program code, Binance reserves the right to cancel their participation eligibility
If a transaction is considered a prohibited trading activity, Binance reserves the right to cancel the participant's eligibility, including but not limited to: malicious speculation, pump-and-dump schemes, pump trading, malicious wash trading, and other market manipulation behaviors aimed at creating false prices and/or trading volumes, bulk registration of multiple accounts, mutual wash trading, and self-buying and selling, etc.;
Binance reserves the right to reasonably decide and/or modify or change these terms and conditions, eligibility for rewards, selection and number of winners, and timing of any actions for important reasons, including:
Changes to applicable regulations or policies;
Obligations arising from decisions made by courts of law or public administrative bodies;
Anti-money laundering or anti-terrorism financing rules;
Technical issues beyond Binance's control;
It is necessary to protect users from potential losses;
It is necessary to protect Binance from reputational damage.
Binance promotional event terms and conditions apply to this event;
There may be differences between the original English announcement and the translated version. In case of any discrepancies, please refer to the original English version for the latest or most accurate information.
Thank you for your support of Binance!
Binance Team
November 21, 2024
Note: This announcement was updated on November 26, 2024, to clarify that eligible participants must simultaneously meet net recharge and trading volume requirements to unlock level rewards.