Binance Crypto Exchange Launches Contest With $ 50,000 Prize Pool

In the period from January 27 to February 3, 2021, a trading competition is being held on the Binance platform, in whichthe participants will share 50 thousand dollars. The end of the event is scheduled for 03:00 Moscow time. Company representatives shared information on the plan of the event.

During the drawing, 2 promotions will be held, as a result of which all winners will receive well-deserved awards.

Promotions A: Unique rewards for new users only

Event organizers appreciate every new onea user who has joined the Binance blockchain ecosystem. Especially to support novice users in the competition, there will be a promotion with a prize pool of $ 10,000 in SKL for beginners.

Each day of the event will be70 winners with the best trade volume indicators will be selected (while it must be at least 7000 SKL). In total, the event will last 7 days, so 490 winners will be determined who will share a prize pool of $ 10,000.

Promotion B: Prizes for trading on the platform

For the entire period of the eventusers with the best trading results will receive cash prizes. At the same time, 30 winners will share a prize pool of $ 40,000 in SKL tokens.

To determine the winners will be taken into accountindicators of the trading volume reached by users during the drawing. The size of the reward for each of the top 30 users will be determined in accordance with the indicator of the trading volume from the total trading volume of the winners.

In addition to the promotions presented, users will be able to benefit from margin trading on the Binance platform:

• No commission for loans on SKL;
• Three times increase in the trading volume on margin transactions;
• Obtaining VIP + 1 status when opening a loan from SKL.

If you wish to receive more detailed information andto keep track of news in the world of the blockchain ecosystem, visit the official Binance website https://www.binance.com/, as well as subscribe to news feeds on social media.

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