Calculation and distribution of rewards
The bonus commission for each week is calculated separately and does not affect the commissions for the following week.
Binance will use daily closing prices to calculate commissions for each spot, margin, and/or futures trade (excluding copy trading).
Commissions will be distributed among the relevant requirements of Binance Square authors only if the total weekly commissions amount to ≥ 0.1 FDUSD. If the total weekly rewards are less than 0.1 FDUSD, the author will not receive commissions for that week, and the weekly commissions will be reset at the end of the week.
Weekly metrics (including the commission and rewards ratio for the last week) of the relevant authors of Binance Square who accumulate at least 0.1 FDUSD in commissions each week will be updated on the promotion page. Rewards in FDUSD (to two decimal places) will be distributed to their wallets for replenishment by 02:59 (UTC+3) next Friday. Users can view records of reward distributions here.
Each week of the promotion lasts from 03:00 on Monday to 02:59 on the following Monday (UTC+3). Each day lasts from 03:00 to 02:59 (UTC+3) the next day.
Binance Square authors will not be able to receive commissions for their spot, margin, or futures trades.
Users will not be able to participate in the promotion and claim rewards if illegal mass registration of accounts and subaccounts is detected.
Binance reserves the right to cancel a user's participation in this promotion if the account is involved in any actions that violate the Binance Square Community Guidelines or Binance Square Platform Community Terms and Conditions.
Binance Privacy Notice applies to personal data collected in connection with this promotion.
Binance reserves the right to establish and/or change the rules and conditions (including, but not limited to, cancellation, extension, termination, and suspension of this promotion), as well as the terms and criteria for participation, selection criteria, number of winners, and deadlines for any tasks at any time and at its sole discretion without prior notice. All participants must comply with the changes.
Binance reserves the right to disqualify any participants who interfere with the Binance software code or disrupt the functioning of the Binance software code using other software.
Binance reserves the right to final interpretation of the promotion.
Additional terms of the promotion are available here.
There may be discrepancies between the translation and the original article in English. To obtain the most current and accurate information in this case, read the original announcement version.
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