To celebrate the launch of KNC being added to isolated Margin Trading with 5x leverage in BTC and USDT trading pairs, Binance and KNC are together giving away a total of 10,000 USD in KNC tokens.
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Promotion A: KNC Trading Competition, $9,000 in KNC to Be Won!

All users will be ranked in terms of their total KNC trading volume traded on their Binance account (including both buys and sells on the spot and isolated margin) across all KNC trading pairs during the activity period. 

 

Important: KNC trading volume completed via isolated margin will be tripled when being counted into each user’s total trading volume.

 

The reward structure is as follows:

1st place: 5,000 USD in KNC tokens.

2nd place: 2,500 USD in KNC tokens.

3rd place: 1,500 USD in KNC tokens.

Promotion B: Lucky Draw - Trade KNC and Win 50 USD in KNC Tokens.

Users ranked 99th, 199th, 299th, 399th, and so forth until the 1999th place of the top 2,000 KNC traders based on their trading volume (including buys and sells) during the competition period will get a 50 USD reward in KNC tokens for each. Trading volume completed via isolated margin will also be multiplied by a coefficient of 3.

Promotion C: Zero KNC borrowing fees on Binance Margin!

All users that borrow KNC from Binance Margin will enjoy 0 borrowing fees and VIP+1 borrowing volume during the activity period. The borrowing structure is as follows: 

VIP

KNC/BTC

KNC/USDT

Base Limit

Quote Limit

Base Limit

Quote Limit

Original Limit

6,000

1.50

2,000

4,000

VIP0

12,000

3.00

4,000

8,000

VIP1

18,000

4.50

6,000

12,000

VIP2

24,000

6.00

8,000

16,000

VIP3

30,000

7.50

10,000

20,000

VIP4

36,000

9.00

12,000

24,000

VIP5

42,000

10.50

14,000

28,000

VIP6

42,000

10.50

14,000

28,000

VIP7

42,000

10.50

14,000

28,000

VIP8

42,000

10.50

14,000

28,000

VIP9

42,000

10.50

14,000

28,000

 

Related links:

Terms & Conditions:

  • If you don’t have a Binance account, click here to get on with a 10% trading fee discount. The 10% trading fee discount will remain valid as long as the Binance referral program is in place.
  • Valid trading volume counts both buys and sells, excluding any wash trades. Trading volume completed via isolated margin will be multiplied by a coefficient of 3. 
  • KNC trading pairs include KNC/ USDT, KNC/BTC, KNC/ETH and KNC/BUSD, with isolated margin also supported on KNC/BTC and KNC/USDT.
  • Binance will use the average price of KNC/USDT trading pairs during the competition period as the exchange rate between USD and KNC.
  • 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 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.

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