Binance announces Tron trading competition, to giveaway 1 million TRX
Binance announces that the exchange will be running a Tron (TRX) trading competition. The exchange will be giving away one million TRX to the competitors. The competition is to take place from September 6 to September 13. The competition is open to fans from all around the world.
This competition is a way to appreciate the users and to reward them for doing business on the exchange. Binance mentioned the eligibility criteria, prizes, and other rules and regulations of the competition.
The eligibility criteria to qualify for the competition is to have a trading volume of at least 300, 000 TRX. It can be created by either selling or buying TRX on the Binance exchange. The minimum volume should be reached during the one week competition. Also, the participants need to complete their identity verification on the exchange specifically the level 2 verification. As far as prizes are concerned, Binance mentioned that a total of one million TRX will equally be divided among all the qualified traders and those whose rank number ends with a six. Binance encourages traders to use Binance token (BNB) to enjoy 25% discount.
— Binance (@binance) September 5, 2018
Binance sets rules & regulations
Binance also added that it has the sole right to amend or cancel the competition. Also, in a bid to increase trading volumes, one shouldn’t carry out ‘ wash trades’, Binance warns. In fact, such trades may result in disqualification.
Binance promises that the rewards will be issued two weeks after the competition ends. Traders can log in to the distribution history > account center to access the prizes.
The exchange also cautions the investors that the cryptocurrency trading carries a high amount of risk, therefore, investors should make their decisions carefully.
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