{"id":256768,"date":"2024-08-24T17:22:36","date_gmt":"2024-08-24T17:22:36","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/24\/binance-unveils-100000-bnb-spot-trading-roi-competition\/"},"modified":"2025-06-25T17:11:50","modified_gmt":"2025-06-25T17:11:50","slug":"binance-unveils-100000-bnb-spot-trading-roi-competition","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/08\/24\/binance-unveils-100000-bnb-spot-trading-roi-competition\/","title":{"rendered":"Binance Unveils $100,000 BNB Spot Trading ROI Competition"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<figure class=\"figure mt-2\">&#13;<br \/>\n                                &#13;<\/p>\n<p>&#13;<br \/>\n                                    <a href=\"https:\/\/blockchain.news\/Profile\/Alvin-Lang\">Alvin Lang<\/a>&#13;<br \/>\n                                    <span class=\"publication-date ml-2\"> Aug 22, 2024 09:51<\/span>&#13;\n                                <\/p>\n<p>&#13;<\/p>\n<p class=\"lead\">Binance launches a limited-time spot trading ROI competition with $100,000 in BNB rewards and exclusive VIP swag. Open to all users achieving 1% ROI.<\/p>\n<p>&#13;<br \/>\n                                <a href=\"https:\/\/image.blockchain.news:443\/features\/6A543541CC17BE18BBCCE3AB5DB3880D894077A2C88ABE176D7164E7A403B315.jpg\">&#13;<br \/>\n                                    <img decoding=\"async\" class=\"rounded\" src=\"https:\/\/image.blockchain.news:443\/features\/6A543541CC17BE18BBCCE3AB5DB3880D894077A2C88ABE176D7164E7A403B315.jpg\" alt=\"Binance Unveils $100,000 BNB Spot Trading ROI Competition\"\/>&#13;<br \/>\n                                <\/a>&#13;<br \/>\n                            <\/figure>\n<p>Binance has announced its first-ever limited-time spot trading ROI competition, giving users the opportunity to win a share of $100,000 in BNB rewards and exclusive Binance VIP swag. This competition is open to all users who achieve a return on investment (ROI) of at least 1% during the activity period, according to <a rel=\"nofollow\" href=\"https:\/\/www.binance.com\/support\/announcement\/limited-time-spot-trading-roi-competition-win-a-share-of-100-000-in-bnb-rewards-and-exclusive-binance-vip-swag-5b27b4cc75f747729185d5a335fb372d\">Binance<\/a>.<\/p>\n<h2>Activity Period<\/h2>\n<p>The competition runs from August 22, 2024, at 00:00 (UTC) to September 11, 2024, at 23:59 (UTC). Participants must opt-in by registering on the dedicated landing page. The ROI calculation will start from the day of opt-in at 00:00 (UTC+0) during the activity period.<\/p>\n<h2>How to Participate<\/h2>\n<ol>\n<li>Opt-in by clicking the register button on the Binance landing page.<\/li>\n<li>Start trading on Binance Spot products and achieve an ROI of at least 1%.<\/li>\n<li>Accumulate a minimum trading volume equivalent to $1,000 on Binance Spot.<\/li>\n<li>Check rankings via the leaderboard, which updates every 24 hours.<\/li>\n<\/ol>\n<h2>Rewards Structure<\/h2>\n<p>Rewards will be distributed based on the final ROI leaderboard ranking at the end of the activity period. The reward structure is as follows:<\/p>\n<ul>\n<li>1st place: $1,280 in BNB token voucher<\/li>\n<li>2nd place: $880 in BNB token voucher<\/li>\n<li>3rd place: $580 in BNB token voucher<\/li>\n<li>4th-10th place: $380 in BNB token voucher each<\/li>\n<li>11th-50th place: $180 in BNB token voucher each<\/li>\n<li>All other qualified participants with a positive ROI of at least 5% will share a consolation prize pool worth $87,400 in BNB rebate vouchers.<\/li>\n<\/ul>\n<h2>ROI Calculation<\/h2>\n<p>The Spot ROI calculation formula is as follows:<\/p>\n<p><strong>Spot ROI calculation<\/strong> = (Final spot wallet balance &#8211; Initial spot wallet balance &#8211; Net deposit) \/ (Initial spot wallet balance + total deposit)<\/p>\n<p>For example, if User A has an initial spot wallet balance of 1,000 USDC, deposits 1 BNB at 500 USDC, and later sells 2 BNB at 600 USDC each, the ROI would be calculated as 20%.<\/p>\n<h2>Exclusive Bonus for VIP 0-3 Users<\/h2>\n<p>The top 10 eligible VIP 0-3 users with the highest ROI and more than $1M in trading volume on Binance Spot will receive a Binance VIP Merchandise Gift Pack, which includes Open Run Pro Headphones, a duffle bag, a blanket, a cap, and socks. If shipping is not possible, a $200 BNB token voucher will be provided instead.<\/p>\n<h2>Terms and Conditions<\/h2>\n<ul>\n<li>Participants must agree to the Activity Terms, Binance Terms and Conditions for Prize Promotions, Binance Terms of Use, and Binance Privacy Notice.<\/li>\n<li>Only users from qualified regions who complete KYC by the end of the activity period are eligible for rewards.<\/li>\n<li>Trading volumes on FDUSD, TUSD, and USDT trading pairs do not count towards the trading volume requirement for EEA users.<\/li>\n<li>Rewards will be distributed as token vouchers and rebate vouchers within three weeks after the campaign ends. Token vouchers must be claimed within two weeks of distribution.<\/li>\n<li>Sub-account trading volumes are not combined with master accounts for this activity.<\/li>\n<li>Binance reserves the right to disqualify participants involved in dishonest behavior or tampering with the program.<\/li>\n<li>Binance may amend or cancel the activity at any time without prior notice.<\/li>\n<\/ul>\n<p>This competition represents Binance&#8217;s ongoing efforts to engage its user base with innovative and rewarding opportunities in the cryptocurrency trading space.<\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span><\/p>\n<p>                            <!-- Divider --><\/p>\n<p>                            <!-- Author info END --><br \/>\n                            <!-- Divider --><\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/blockchain.news\/news\/binance-unveils-100000-bnb-spot-trading-roi-competition\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] &#13; &#13; &#13; Alvin Lang&#13; Aug 22, 2024 09:51&#13; &#13; Binance launches a limited-time spot trading ROI competition with $100,000 in BNB rewards and<\/p>\n","protected":false},"author":1,"featured_media":256769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[171],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/256768"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=256768"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/256768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/256769"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=256768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=256768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=256768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}