Binance is launching an airdrop activity with up to $75,000 in ADA, SHIB & BNB to be won. Promotion period: 2021-07-23 09:00 AM (UTC) to 2021-08-06 11:59 PM (UTC)Users who complete all of the tasks below will be eligible to share the Airdrop prize pool:
- Make a fiat deposit or crypto purchase
- Make a deposit of at least $50 or equivalent in local currencies
- OR Make a successful crypto purchase of at least $50 or equivalent in local currencies via Buy Crypto > Credit/Debit Card
- Submit your Binance UID into this form to identify your participation
Airdrop Prize Pool Tier Mechanics:
Depending on the number of eligible users in the promotion, Binance will unlock a new tier level and increase the amount of the airdrop prize pool accordingly. When the total number of eligible users reaches 30,000, the total value of the prize pool will increase to $75,000.
|Tier||Minimum Total Number of Eligible Users||Total Amount of Airdrop Prize Pool to Be Shared|
|1||1,000||$2,000 worth of ADA, SHIB & BNB coins|
|2||3,000||$6,000 worth of ADA, SHIB & BNB coins|
|3||10,000||$25,000 worth of ADA, SHIB & BNB coins|
|4||20,000||$40,000 worth of ADA, SHIB & BNB coins|
|5||30,000||$75,000 worth of ADA, SHIB & BNB coins|
Airdrop rewards for each eligible participant will be calculated through the following formula:
The Airdrop Rewards for each user = Individual Participant’s Deposit and Purchase Amount during the promotion/ Total Promotion’s Deposit and Purchase Amount * Prize Pool Reached
- Zero Card Fees To Deposit RUB – ends 2021-08-07!
- Zero Card Fees to Deposit & Withdraw EUR – ends 2021-08-19!
Airdrops Terms & Conditions:
- This promotion only applies to users from Russia, Ukraine, Brazil, Mexico, Colombia, Chile, El Salvador, South Africa, Uganda, Nigeria, Mauritius, Seychelles, Taiwan, Hong Kong, Philippines, Israel, Pakistan, Egypt, Morocco, United Arab of Emirates, Saudi Arabia, Kuwait, Qatar, Bahrain, Lebanon, Algeria, Tunisia and Europe (excluding Germany, France, Italy, UK and Netherlands).
- The local currencies that are eligible for this promotion are EUR, RUB, UAH, TWD, HKD, ILS, COP, BRL, MXN, CLP, USD, ZAR, UGX, NGN, PKR, EGP, SCR, MAD, MUR, AED, SAR, KWD, QAR, BHD, LBP, DZD, TND and PHP. Please note that certain fiat currencies are not available for deposit or card transactions for now.
- The promotion is available for users that signed up before the promotion or sign up during the promotion period.
- The promotion is valid only for users that have completed Intermediate Identity Verification
- The ADA/BUSD, BNB/BUSD, SHIB/BUSD prices on Binance at 2021-08-06 11:59:59 PM (UTC) will be used to calculate the rewards.
- The ADA, SHIB and BNB rewards will be allocated equally to each eligible participant. For example, each eligible participant receives $3 each, they will equally receive $1 worth of SHIB, ADA and BNB each.
- The rewards will be allocated in ADA, BNB and SHIB to winners’ Binance Wallets within 14 days after the competition ends. Users can see their rewards via Account Center > Wallet > Distribution.
- Eligible users are limited to one reward per Binance account.
- Binance will use the local currency to USD foreign exchange rate at 2021-08-06 11:59 PM (UTC) for the calculation of the $50 deposit or crypto purchase requirements.
- Binance reserves the right to disqualify any participants or transactions that are showing signs of fraudulent behavior immediately.
- The decisions of Binance on all matters relating to or in connection with the Promotion are final, conclusive and binding. Binance shall not be obliged to give any reason or enter any correspondence with any person on any matter concerning the Promotion.
- Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to cancelling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Users are encouraged to consult their tax consultants/experts for matters relating to any form of taxation. For South Africa only: Binance users are advised to familiarise themselves with the South African Reserve Banks (SARBs) policies and treatment of cryptocurrencies as well as the Exchange Control Regulations in South Africa.
Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved.
Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary.
It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.