This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To celebrate the listing of IOUSDT perpetual contract, Binance Futures is thrilled to announce a new promotion for IO.NET to reward the community! Eligible users may participate in this promotion to share a total prize pool of 13,000 IO in token vouchers.
Promotion Period: 2024-06-18 00:00 (UTC) to 2024-06-25 23:59 (UTC)
All new futures users* who register for the Promotion, make their first futures trade and reach a cumulative futures trading volume of at least 100 USDT equivalent during the Promotion Period, will receive IO token voucher rewards as per the table below. A total of 5,000 IO are allocated to new futures traders on a first-come, first-served basis.
Referrers who register for the Promotion will qualify to receive IO token voucher rewards for every qualified referral* who makes their first futures trade and reaches a cumulative futures trading volume of at least 100 USDT equivalent during the Promotion Period, as per the table below. A total of 3,500 IO are allocated for referrers on a first-come, first-served basis.
*"New futures users" and "qualified referrals" refer to users who have never traded Binance Futures before the Promotion Period.
All users who register for the promotion and reach a cumulative USDⓈ-M Futures trading volume of at least 1,000 USDT equivalent during the Promotion Period will qualify to participate in this promotion. Qualified participants will be eligible to share 1,500,000 IO in token vouchers based on their cumulative ROI of trading USDⓈ-M Futures during the Promotion Period, as per the table below.
Please note that a 3x realized profit multiplier will be applied to all trades on the IOUSDT perpetual contract in the calculations of users’ cumulative ROI of trading USDⓈ-M Futures during the Promotion Period.
Please note:
ROI is calculated from 2024-06-18 00:00 (UTC) to 2024-06-25 23:59 (UTC).
ROI of trading USDⓈ-M Futures: USDⓈ-M Futures ROI (in USDT) = USDⓈ-M Futures Asset Profit* / (100 USDT + USDⓈ-M Futures Initial Account Margin Balance + USDⓈ-M Futures Account Deposit)
*USDⓈ-M Futures Asset Profit = (Final USDⓈ-M Futures Account Balance of the Asset’s Unrealized PNL - Initial USDⓈ-M Futures Account Balance of the Asset’s Unrealized PNL) + Realized PNL of the Asset + (Funding Fee of the Asset - Commission of the Asset - Insurance Clear) + Delivered Settlement + 3 * IOUSDT Realized PNL
During the Promotion Period, all Binance users who complete the following tasks will be eligible to enter the lucky draw and get a chance to claim their share of 500 IO in token vouchers:
Follow Binance Futures’ X account (@BinanceFutures)
Repost the campaign post with the hashtags #BinanceFutures & #IO.NET
Fill in this survey form
Winners of the lucky draw will be selected from the participant pool based on the Binance Award Selection Rules. Qualified participants will be ranked according to the most number of consecutive numerical digits in their Binance UIDs (BUIDs) that match the last BNB Beacon Chain's block hash value at 2024-06-25 23:59:59 (UTC).
Only verified users from eligible regions who click "Register Now" on the Promotion page during the Promotion Period may qualify for rewards from the aforementioned Promotions (“Eligible Users”).
Users may qualify for rewards from all three (3) promotions where applicable.
To be eligible for Promotion C, participants’ X accounts should be set as public until the rewards have been distributed. Private X accounts will not be counted as an eligible entry.
IO token voucher rewards will be distributed within 14 working days after the Promotions end. Eligible 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 30 days from the day of distribution. Learn how to redeem a voucher.
For avoidance of doubt, these Promotions are only available to eligible users who are enabled for Binance Futures services, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
All eligible users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures services in each country from which the services are accessed.
Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately (e.g., wash trading, bulk account registrations, self dealing, market manipulation, and more).
Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, including but not limited to:
Changes in applicable regulations or policies;
Obligations arising out of law or decisions issued by common courts or public administration;
Anti-money laundering or combating financing terrorism rules;
Technical issues beyond our control;
Necessity to protect users from potential losses; and
Necessity to protect Binance from the loss of reputation.
Additional promotion terms and conditions can be accessed here.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-06-18
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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