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Trade on Binance Algo Orders & Win Up to 3,000 USDC!

Trade on Binance Algo Orders & Win Up to 3,000 USDC!

2024-10-09 09:00

This is a general announcement and marketing communication. Products and services referred to here may not be available in your region. 

Fellow Binancians, 

During the Promotion Period, all eligible users who trade at least 200,000 USDC equivalent via Time-Weighted Average Price (TWAP) and Percentage of Volume (POV) Algo Orders, will stand a chance to win up to 3,000 USDC in token voucher rewards. 

Note: Only trade volume for Algo Orders created and concluded (i.e., fulfilled, expired or canceled) within the Promotion Period will count. 

Promotion Period: 2024-10-10 00:00 (UTC) to 2024-11-10 00:00 (UTC)

Promotion A: Participate and Trade to Receive 200 USDC

During the Promotion Period, the first ten eligible users* who confirm their participation in this Promotion and fulfill a total traded volume of at least 200,000 USDC equivalent on the Algo Orders platform, will each receive 200 USDC in token vouchers.

Note: Eligible users in Promotion A refer to users who have not traded on Binance Algo Orders from 2024-04-01 00:00 (UTC) to 2024-10-10 00:00 (UTC).

Promotion B: Top 25 Users to Win Up to 3,000 USDC

Eligible users who confirm their participation in this Promotion and trade a total of at least 200,000 USDC equivalent on the Algo Orders platform during the Promotion Period will have a chance to win up to 3,000 USDC in token vouchers. Participants will be ranked according to their total trading volume fulfilled on the Algo Orders platform during the Promotion Period. The top 25 users will be rewarded as per the structure below. 

Rewards Structure:

Rankings based on Total Trading Volume on Algo Orders

Reward per Eligible User (in Token Voucher)

1st Place

3,000 USDC

2nd to 5th Place

1,500 USDC

6th to 10th Place

1,000 USDC

11th to 25th Place

500 USDC

Notes:

  • Fees charged may vary depending on the algorithmic strategies selected and the fee rate will be displayed prior to submitting an order. The fee schedule is as follows: 

Level

Fee Rate

Regular users and users up to VIP 2

  • FDUSD/USDT, USDC/USDT: 0%

  • BTC/USDT, BTC/USDC, BTC/FDUSD, ETH/USDT, ETH/USDC, ETH/FDUSD: 0.05%

  • All Other Pairs: 0.12%

VIP 3 and above

  • FDUSD/USDT, USDC/USDT: 0%

  • BTC/USDT, BTC/USDC, BTC/FDUSD, ETH/USDT, ETH/USDC, ETH/FDUSD: 0.02%

  • All Other Pairs: 0.05%

  • Algo Orders is accessible via [Trade] > [Trading Bots] > [Algo Order], as well as via the VIP Portal.

  • The following trades do not count toward Promotion A or B: 

    • Time-Weighted Average Price (TWAP) Orders placed on Binance Futures;

    • Algo Orders submitted via API;

    • Algo Orders on trading pairs with 0% taker fees. Refer to this link for the full list of trading pairs with promotional rates.

Start Trading!

About Algo Orders:

Algo Orders enhance the execution of large orders and trading on pairs with low liquidity, reducing the average cost of execution and market signaling by executing orders in smaller blocks using an intelligent execution algorithm. Find out more about Algo Order trading here and access the Algo Order platform to get started.

Terms and Conditions:

  • Only users from eligible countries/regions may participate in the Promotion.

  • All users must complete account verification and confirm their participation in this Promotion to be eligible for rewards. 

  • Only trading volume via Algo Orders that are concluded (i.e., fulfilled, expired or canceled) during the Promotion Period will count.

  • Only trading pairs supported by Algo Orders may apply.

  • For trading volume denominated in a cryptocurrency other than USDC, Binance will determine its equivalent value at its sole discretion.

  • For Promotion A, eligible users refer to users who have not traded on Algo Orders from 2024-04-01 00:00 (UTC) to 2024-10-10 00:00 (UTC).

  • Rewards from Promotion A and B are mutually exclusive. Users may receive a maximum of one reward within the Promotion Period, whichever is higher.

  • Rewards will be distributed within two weeks after the Promotion ends. 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. Vouchers must be claimed before expiry. No replacement reward will be provided where a voucher has expired.

  • Sub-accounts will not be viewed as independent accounts when participating in the Promotion.

  • Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

  • 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 at any time in its sole and absolute discretion to determine and/or amend or vary these terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants of this Promotion shall be bound by these amendments. 

  • Binance’s decisions with respect to all aspects of these Promotions are final and non-appealable. 

  • Binance OTC Terms of Use apply. 

  • Additional Binance terms and conditions for prize promotions apply to this promotion, and are accessible 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

2024-10-09

USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com. 

Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.

Note: This announcement was updated on 2024-10-09 to clarify that Stablecoin-Stablecoin Symbols and Pairs under the Fee Rate refers to FDUSD/USDT and USDC/USDT.

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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.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.