This is a general announcement and the products and services mentioned here may not be available in your area.
Promotion Period: 2023-07-10 11:00 (UTC) to 2023-08-01 23:59 (UTC)
To celebrate Binance's sixth anniversary, Binance Earn is excited to announce two new promotions for all Dual Investment and Range Bound users. Users who complete eligible subscriptions to Dual Investment and/or Range Bound products will stand to share up to 266 BNB and 6,666 USDT in token vouchers!
List of Requirements for Eligible Dual Investment and Range Bound Subscriptions:
For Dual Investment: Only Sell High and Buy Low subscriptions with a Settlement Date no later than 2023-08-01 23:59 (UTC) will count as eligible subscriptions.
For Range Bound: The Reference Price of the Range Bound Underlying Asset is maintained within the selected Price Range during the entire Subscription Period. The Settlement Date must be no later than 2023-08-01 23:59 (UTC).
Promotion A: Share Up to 266 BNB in Token Vouchers When You Subscribe to Dual Investment or Range Bound Products
All users who confirm their registration here and complete eligible subscriptions to Dual Investment and/or Range Bound products during the Promotion Period will qualify to share up to 266 BNB in token vouchers when their individual Total Eligible Subscription Amount reaches a minimum of 500,000 USDT equivalent.
Rewards Structure for Promotion A:
Each reward tier consists of a Tiered Rewards Pool. In addition, there is a separate Bonus Rewards Pool for Tiers B and C respectively, as shown in the table below.
Eligible participants can qualify for one of the three reward tiers below depending on their Total Eligible Subscription Amount, and share in the Tiered Rewards Pool and Bonus Rewards Pool (where applicable) once the minimum number of eligible participants required to unlock the respective rewards pools is met.
For each reward tier, the top fifty eligible users ranked by their Total Eligible Subscription Amount will qualify to share the corresponding Tiered Rewards Pool according to the rewards breakdown for each tiered rewards pool below. On top of that, each Bonus Rewards Pool will be shared equally among all eligible participants who qualify for the corresponding reward tier by the end of the Promotion Period.
Rewards Breakdown for Each Tiered Rewards Pool:
Notes:
There will be no changes to the rewards breakdown for each Tiered Rewards Pool even if there are less than 50 eligible participants in the corresponding reward tier by the end of the Promotion Period.
Users will only be eligible for rewards in one reward tier, according to their Total Eligible Subscription Amount. Please note that users may receive rewards from a lower tier, if the minimum number of eligible participants required to unlock the corresponding reward pool(s) for the higher reward tier is not reached.
Promotion B: Earn 6 USDT in Token Vouchers When You Subscribe to Dual Investment or Range Bound Products
To qualify for rewards in Promotion B, users must confirm their registration here and complete at least two eligible subscriptions to Dual Investment and/or Range Bound products during the Promotion Period, which are worth a minimum of 200 USDT per subscription.
The first 1,111 users who fulfill the aforementioned requirements will then each receive 6 USDT in token voucher.
How to Participate:
For More Information:
Terms and Conditions:
Users should click the [Join Promotion] buttons in the activity pages for Promotion A and Promotion B to successfully participate in the promotions.
All users must complete KYC to be eligible for any rewards.
Rewards for Promotion A and Promotion B are mutually exclusive. If a user participates in both promotions, the user will only receive the higher reward from either promotion.
All subscription amounts will be measured in USDT equivalent value using the closing price of the day of which the subscription happens.
Only subscriptions with a Settlement Date that is no later than 2023-08-01 23:59 (UTC) will count as eligible subscriptions for this promotion.
Total Eligible Subscription Amount = Total Eligible Dual Investment Subscription Amount during the Promotion Period + Total Eligible Range Bound Subscription Amount during the Promotion Period.
Once subscribed to Dual Investment or Range Bound, you cannot cancel the subscription or redeem your assets early.
Rewards will be distributed by 2023-08-15. Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending these Promotions, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Additional promotion terms and conditions can be accessed here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. You may not get back the full amount invested as a portion of your subscription amount is at risk. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Long-term holding of the Range Bound product means you may increase the likelihood of you losing a portion of your subscription amount. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. Before entering into a Range Bound transaction, you should make an independent assessment of the suitability and appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. For Dual Investment, you may be better off holding your cryptocurrency, and may be required to trade at a rate less favorable than the market rate on the Settlement Date. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.
