1.We created this program to share rewards. You can receive rewards based both on your Margin trading volume and total borrow amount. Here's how it works. Every Friday, at 00:00 UTC+8, we take 20% of the income from Binance Margin transaction fees. 5% are distributed based on average borrow amount, and the other 15% are distributed based on average trading volumes. These rewards are in BUSD. And here’s how we calculate both types.
2.Rewards for your trading volume:
⋅Your reward depends on your Margin daily average trading volume divided by the daily average trading volume of all Margin users.
⋅We calculate income from Binance Margin transaction fees for the period between 16:00 (UTC) of the previous Thursday to 16:00 (UTC) of the next Thursday.
⋅Your daily average trading volume includes both cross margin and isolated margin. We snapshot volumes every Thursday for the period from 16:00 (UTC) of the previous Thursday to 16:00 (UTC) of the current Thursday.
⋅The average daily trading volume should be no less than 1000 BUSD. If your average daily trading volume is more than 50,000 BUSD, we calculate it as 50,000 BUSD.
3.Rewards for your margin borrow amount:
⋅Your reward depends on your daily average margin borrow amount divided by the daily average margin borrow amount of all Margin users.
⋅Your daily average borrowing amount includes both cross margin and isolated margin. We snapshot borrow amount every Thursday for the period from 16:00 (UTC) of the previous Thursday to 16:00 (UTC) of the current Thursday.
⋅The average daily borrow amount should be no less than 100 BUSD. If your average daily margin borrow amount is more than 100,000 BUSD, we calculate it as 100,000 BUSD.
*The 20% fee income and average daily net borrowing/trading volume will be calculated based on the price of the BUSD trading pairs of the eligible assets on Binance at 16:00 (UTC) each day within the promotion period.
1.Bonus will be sent to your spot account directly after you claim it. It will expire if you do not claim the bonus within 5 days.
2.Sub-accounts trading volume and borrow amount will be counted under the parent accounts.
