Binance Announces $50,000 HMSTR Token Voucher Spot Trading Tournament

Terrill Dicki Sep 27, 2024 01:34

Binance launches a spot trading tournament with a $50,000 HMSTR token voucher reward pool, inviting traders to compete by trading selected tokens.

Binance has unveiled a new trading tournament, offering users the chance to share a reward pool of $50,000 in HMSTR token vouchers. According to Binance, participants must trade selected tokens during the promotion period to qualify.

Promotion Period

The tournament runs from September 26, 2024, at 14:00 (UTC) to October 13, 2024, at 23:59 (UTC). During this time, traders can compete to secure a portion of the prize pool.

How to Participate

Eligible users must confirm their participation and reach a total spot trading volume of at least $3,500 equivalent on eligible spot trading pairs during the promotion period. Qualified participants will be ranked by their total spot trading volume, including both buys and sells, on eligible spot trading pairs.

The top 2,500 qualified participants will share the $50,000 in HMSTR token vouchers, distributed according to a predefined reward structure. Binance will use the HMSTR/USD closing price on September 26, 2024, as the exchange rate for rewards distribution.

Terms & Conditions

Several terms and conditions apply to the promotion:

• Participants must be verified users and click the 'Register Now' button on the tournament page.
• Liquidity providers in the Binance Spot Liquidity Provider Program are not eligible.
• The promotion is available only to users enabled for Binance Spot trading and may be restricted in certain jurisdictions.
• Trading volumes on FDUSD, TUSD, and USDT trading pairs will not count toward the trading volume requirement for EEA users.
• Users are responsible for adhering to any regional restrictions or requirements.
• Binance reserves the right to change, modify, or impose additional restrictions on the promotion.
• Token voucher rewards will be distributed within 21 working days after the promotion ends and must be claimed within two weeks of distribution.
• Binance may disqualify participants acting fraudulently or engaging in prohibited trading activities.

For more information, users can visit the official announcement on Binance.

Image source: Shutterstock

• binance
• hmstr
• spot trading
• cryptocurrency