Elrond eGold (EGLD) Trading Competition - $100,000 in EGLD To Be Won on Binance crypto exchange
Binance Exchange and Elrond have committed a total of $100,000 in EGLD tokens as prizes for the rapidly growing community that drives internet-scale innovation.
Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding.
Promotion A: New User Exclusive Rewards of $5,000 in EGLD Token Vouchers!
All users that register for a new Binance account during the competition period and complete a total trading volume (including both buys and sells) of 5 EGLD will share an exclusive prize pool of $5,000 in EGLD token vouchers.
Promotion B: Trade EGLD to Win a Share of $85,000 in EGLD Token Vouchers!
All users who trade 25 EGLD or more during the campaign period will be ranked by their total EGLD trading volume (including both buys & sells) across eligible EGLD trading pairs during the campaign period. The reward structure is as follows:
1st place: $8,000in EGLD token vouchers
2nd place: $7,000 in EGLD token vouchers
3rd place: $5,000 in EGLD token vouchers
4th-15th place: Split $18,000 in EGLD token vouchers equally
All other qualified participants: Split $47,000 in EGLD token vouchers equally (excluding the top 15 winners)
Promotion C: Trade EGLD to Each Win $500 in EGLD Token Vouchers
All users with a total trading volume (including both buys and sells) of 55 EGLD or more on all eligible EGLD trading pairs during the competition period will qualify for a challenge, where 20 winners will be selected based on the challenge rules to each win $500 in EGLD token vouchers.
Additional Margin Promotion Benefits:
0% borrowing interest on EGLD margin trading pairs.
All users that borrow EGLD from Binance Margin will enjoy a 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.
EGLD trading pairs include EGLD/USDT, EGLD/BUSD, EGLD/BTC, EGLD/BNB
Binance will use the average closing price at 11:59:59 PM (UTC) of EGLD/USDT trading pairs during the competition period as the EGLD 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 Voucher.
The award selection rules of Promotion C follow the Award Selection Rules Bases on Binance Chain Hash Value.
Trading volume counts both buys and sells, excluding any wash trades, across selected EGLD spot and margin trading pairs.
Binance will combine sub-account’s and margin 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.
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.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
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.
Binance Exchange offer you a wide range of options to grow your crypto holdings, even when you’re not trading. With Binance, you have the power to allocate your tokens to different activities and services that we regularly launch on the platform.