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Competition Period: 2021-04-09 0:00 AM to 2021-04-15 11:59 PM (UTC) 

 

Promotion A: NEW USER Exclusive Rewards of $5,000 in LIT

 

All users that register for a Binance account during the competition period and trade any LIT in eligible LIT trading pairs will qualify for a lucky draw, where 100 lucky winners will be randomly drawn to each win $50 in LIT tokens.

 

Promotion B: LIT Trading Competition - $35,000 in LIT to Be Won

 

The top 20 users ranked by effective trading volume (buys and sells) in eligible LIT trading pairs will share a pool of $35,000 in ​​LIT tokens. The rewards will be split based on each user‘s total trading volume as a proportion of all qualified users’ total effective trading volume during the competition period.

 

Reward Calculation:

The reward for each user in the top 20 = (Each user’s total effective trading volume / Top 20 users’ total effective trading volume) * $35,000 in LIT tokens.

 

Important Note: The trading volume of Promotion B completed on a different day will be multiplied by a coefficient of the number.

 

Date 

Coefficient

2021-04-09 00:00:00 AM - 2021-04-09 11:59:59 PM (UTC)

3

2021-04-10 00:00:00 AM - 2021-04-11 11:59:59 PM  (UTC)

2

2021-04-12 00:00:00 AM - 2021-04-15  11:59:59 PM (UTC)

1

 

Promotion C: Trade LIT to Win from the Lucky Draw for $500 in LIT Tokens

All users with a total trading volume (including both buys and sells) of 1,000 LIT or more during the competition period will qualify for a lucky draw, where 20 lucky winners will be randomly drawn to each win $500 in LIT tokens.

 

Additional Margin Promotion Benefits:

  • 0% borrowing interest on LIT margin trading pairs.
  • Trading volume completed via margin will be multiplied by a coefficient of 2.
  • All users that borrow LIT from Binance Margin will enjoy VIP+1 borrowing limit.

 

Terms & Conditions:

  • 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.
  • Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your voucher via Account > Reward Center.
  • The validity period for the cash voucher is set at 14 days from the day of distribution.
  • How to Redeem a Cash Voucher.
  • ​​Eligible LIT trading pairs: LIT/USDT, LIT/BTC.
  • The lucky draw rules of promotion A and promotion C follow the Lucky Draw Rules Bases on Binance Chain Hash Value.
  • Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
  • Binance will use the average closing price at 11:59:59 PM (UTC) of the LIT/USDT trading pair during the competition period as the LIT exchange rate used for distribution.
  • Sub-account and margin account trading volume will be combined with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
  • Trading volume counts both buys and sells, excluding any wash trades, across eligible LIT spot and margin trading pairs.
  • Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.


Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make its best efforts to choose high-quality coins, but will not be responsible for your trading losses.

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