Contest on Binance, the prize pool is $ 200,000 Learn and Trade Solana (SOL)
Learn & Trade SOL $200,000 Rewards Up for Grabs on Binance Cryptocurrency Exchange
Activity Period2021/10/13 00:00:00 AM - 2021/10/19 23:59:59 PM (UTC)
Promotion A: Learn and Earn $100,000 Prize Pool in USDC Token Vouchers
During the campaign, all users who trade 20 Solana (SOL) or more across the eligible SOL spot trading pairs (including both buys & sells) and take the quiz in this form, will share a prize pool of $100,000 in USDC token vouchers. Rewards will be distributed based on the total number of correctly answered questions as a proportion of all correctly answered questions by all qualified users.
The reward for each qualified user = (Individual user’s correctly answered questions / Total number of correctly answered questions from all qualified users) * $100,000 in USDC token vouchers.
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Promotion B: New User Exclusive Rewards - Each Winner Gets $100 in Prize!
All users that register for a Binance account during the activity and trade 5 Solana (SOL) or more across the eligible SOL spot trading pairs (including both buys & sells), will enter a challenge, where 300 winners will be selected based on the rules to each win $100 in USDC token vouchers.
Promotion C: Solana (SOL) Trading Competition - $70,000 in USDC to Be Won!
The top 20 users ranked by effective trading volume (including both buys and sells) across the eligible SOL spot trading pairs will share a prize pool of $70,000 in USDC token vouchers. 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.
The reward for each qualified user = (Each user’s total effective trading volume / Top 20 users’ total effective trading volume) * $70,000 in USDC token vouchers.
Terms & Conditions:
Only users who click the [register now] button on this page and complete KYC by the end of the activity period shall be eligible for any rewards.
If you don’t have a Binance account, click here to get a 5% trading fee discount. The 5% spot trading fee discount will remain valid as long as the Binance referral program is in place.
Eligible SOL trading pairs: SOL/USDT SOL/USDC SOL/BTC SOL/BNB
Binance will use the average closing price at 11:59:59 PM of USDC/USDT trading pair during the competition period as the USDC exchange rate used for distribution.
Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn How to Redeem a Token Voucher.
Please make sure that you fill in your Binance UID in the Google form correctly. Failure to fill it in correctly will be regarded as a waiver of the qualification to participate in Promotion A in the activity.
Binance will combine sub-account’s trading volume 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 all eligible Solana (SOL) spot 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.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Some about Solana(SOL)?
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
To learn more about this project, check out our deep dive of Solana.
The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.
Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.
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