Binance Announces $40,000 TON Token Voucher Spot Trading Tournament

Binance,
one
of
the
world’s
leading
cryptocurrency
exchanges,
has
announced
a
new
trading
tournament
where
participants
can
share
a
reward
pool
of
$40,000
in
TON
token
vouchers.
The
event
is
set
to
run
from
August
15,
2024,
to
September
8,
2024,
according
to

Binance.

Participation
Details

To
join
the
tournament,
users
must
confirm
their
participation
and
achieve
a
total
spot
trading
volume
of
at
least
$3,500
equivalent
on
eligible
spot
trading
pairs
during
the
promotion
period.
Participants
will
be
ranked
based
on
their
total
spot
trading
volume,
including
both
buys
and
sells.

The
top
2,500
qualified
participants
will
have
the
opportunity
to
share
the
$40,000
reward
pool
in
TON
token
vouchers.
The
rewards
will
be
distributed
according
to
a
predefined
structure,
which
has
not
been
disclosed
in
the
announcement.

Terms
and
Conditions

Several
terms
and
conditions
apply
to
this
promotion:

• All
  users
  must
  complete
  identity
  verification
  to
  be
  eligible.
• Liquidity
  providers
  in
  the
  Binance
  Spot
  Liquidity
  Provider
  Program
  are
  excluded
  from
  participation.
• Trading
  volumes
  on
  FDUSD,
  TUSD,
  and
  USDT
  trading
  pairs
  will
  not
  count
  towards
  the
  volume
  requirement
  for
  EEA
  users.
• Users
  are
  responsible
  for
  complying
  with
  local
  regulations
  regarding
  the
  use
  of
  Binance
  Spot
  trading
  services.
• The
  TON/USD
  exchange
  rate
  for
  rewards
  distribution
  is
  set
  at
  $6.956,
  but
  the
  actual
  value
  may
  vary
  due
  to
  market
  fluctuations.
• All
  token
  voucher
  rewards
  will
  be
  distributed
  within
  21
  working
  days
  after
  the
  promotion
  ends
  and
  must
  be
  claimed
  within
  two
  weeks
  of
  distribution.

Additional
Information

Binance
reserves
the
right
to
disqualify
participants
who
engage
in
prohibited
trading
activities
such
as
churning,
pump-and-dump
schemes,
wash
trading,
and
other
forms
of
market
manipulation.
The
exchange
also
retains
the
right
to
modify
or
cancel
the
promotion
at
its
discretion
without
prior
notice.

For
more
detailed
terms
and
conditions,
participants
can
visit
the
official
Binance
announcement
page.

Image
source:
Shutterstock