Binance is launching a competition with $100,000 prizes, promotion terms

The largest cryptocurrency exchange Binance launched a trading competition with a total reward ofwill be 100 thousand dollars. The drawing will take place from May 8 to May 14 this year.

The event will end at 00:00 (Moscow time). During the period of the competition, users will have access to three promo activities at once.

Promotion A, Beginner Awards

All new users who have reached the tradingin the amount of 15,000 COS, will divide the prize pool in the amount of 10 thousand dollars. The reward will be provided in COS tokens. A prerequisite for receiving an award is the absence of an account before the start of the promotion.

To register an account, go to the official website of the exchange https://www.binance.com/

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on the Binance exchange for rubles?

Promotion B: $ 65,000 prize pool

Top 20 best participants with the largestindicators of trading volume (including both purchases and sales) in any trading pair COS, will divide the Contentos pool in the amount of 65,000 US dollars. The reward will be divided according to the share of the participant's trading volume from the total trading volume.

Promotion C: the opportunity to receive additional prizes

All users with total trading volume (includingpurchases and sales) of COS 400,000 or more in any COS trading pair during the competition period will be eligible for the draw. 50 members of the blockchain ecosystem will be randomly selected to receive additional rewards of $ 500.

How will the reward be calculated?

Prize for each qualified user = (total effective trading volume of each user / total effective trading volume of the top 20 users) * 65,000 USD in COS.

You can get more detailed and up-to-date information on the official website of the Binance platform https://binance.com/.