Binance and Binance Launchpad project Fetch.AI have together committed a total of 1,200,000 FET tokens to give away to users to celebrate Binance’s 2nd anniversary and to thank all users for their continued support over the past two years.
Promotion period: 2019/07/26 0:00 AM to 2019/08/02 0:00 AM (UTC).
All users with trading volume of at least 1,200 FET (including buys & sells) across any FET trading pairs on Binance.com during the promotion period will automatically participate in the promotion. All participants will have their trading volume combined together as a group to achieve a total group trading volume goal. Users will be rewarded based on the total group trading volume reached, as displayed below.
- Trading Volume Target 1: If the total group trading volume reaches ≥ 300 Million FET by the end of the promotion period, all participating users will equally split 400,000 FET.
- Trading Volume Target 2: If the total group trading volume reaches ≥ 600 Million FET by the end of the promotion period, all participating users will equally split 800,000 FET.
- Trading Volume Target 3: If the total group trading volume reaches ≥ 900 Million FET by the end of the promotion period, all participating users will equally split 1,200,000 FET.
- Rewards will be distributed for one final group trading volume target only and do not stack. For example, achieving Trading Volume Target 3 entitles all users to split 1,200,000 FET only.
- Trading volume counts both buys and sells, excluding any wash trades.
- Binance reserves the right to disqualify accounts that are deemed to be engaging in wash trading or display attributes of market manipulation.
- Rewards will be issued within 2 weeks after the competition ends. You will be able to login and see your rewards via Distribution History > Account Center.
- Margin account trading volume is combined with users standard trading volume in the final calculation. However, each sub-account will be viewed as an independent account when participating in this activity.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.