Binance is introducing a VIP promotion for margin trading offering up to 5000 USDT, Apple Vision Pro and exclusive invitations to events to increase trading volume.
Binance, the global cryptocurrency exchange, has announced an enticing promotion for VIP margin trading aimed at incentivizing its regular and VIP users to increase their trading volume on the platform. The promotion promises a share of 81,000 USDT in prizes, a chance to win an Apple Vision Pro and exclusive invitations to Binance VIP offline events, making it a remarkable event for traders and crypto enthusiasts.
The promotional period is set from March 14, 2024 at 06:00 UTC to April 18, 2024 at 23:59 UTC. Participants are required to register on the promotion page and must increase their total margin trading volume during the promotion period compared to the “Comparison Period” which covers February 5, 2024 to March 13, 2024.
Promotion A: Trade Volume Rewards and VIP Invitations
Promotion A is designed to increase margin trading volumes with trading fee discount vouchers and invitations to VIP events as rewards. Trading Fee Discount Vouchers range from 300 USDT to 5000 USDT, depending on margin trading volume increase, and rewards are distributed on a first-come, first-served basis. All participants meeting the minimum requirements will receive invitations to Binance VIP offline events managed by Binance VIP account managers within 30 days after the promotion ends.
Promotion B: Social sharing with high rewards
In Promotion B, participants must share a screenshot of their best margin trade and the promotion page on their X social media account. The first 30 eligible users with a minimum of 30 engagements on their X post will each receive a 100 USDT token voucher. Additionally, the participant with the highest PnL from their shared trade will win an Apple Vision Pro (512GB), awarded in the form of a USDT token voucher equivalent to the retail price.
Eligibility and distribution
The promotion is available to verified regular and VIP 1-3 users enabled for Binance Margin trading. Eligibility may be subject to restrictions in certain jurisdictions or due to regulatory requirements. Voucher prizes will be distributed within 14 working days of the promotion and users must claim their prizes before the vouchers expire.
Risk Warning and Terms
Binance highlights the risks associated with price volatility of digital assets and advises participants to make informed investment decisions. The Exchange also reserves the right to disqualify trades suspected of market manipulation or other prohibited activities.
This promotion highlights Binance’s commitment to engaging its trading community and rewarding active traders on its platform. It also reflects the growing trend of cryptocurrency exchanges using promotions to drive trading volume and user retention.
Conclusion
As the crypto market continues to evolve, Binance’s VIP Margin Trading Promotion marks a significant effort to improve trader engagement and liquidity on the platform. With attractive rewards and exclusive invitations to events, Binance is poised to strengthen its position in the competitive crypto exchange landscape.
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