James Ding
25 November 2024 at 09:43
Binance is offering a no-fee campaign for eligible users, offering an opportunity to share a prize pool of 4,000 USDC. Find out the details and conditions of the promotion.
Binance has unveiled a new no-fee campaign designed to kick off the holiday season for its users. This initiative offers eligible participants the opportunity to enjoy zero fees on their initial cryptocurrency purchase or cash deposit, along with the chance to win a share of a $4,000 prize pool, according to Binance.
Promotion details
The promotion is scheduled to run from November 25, 2024 to December 12, 2024, offering zero transaction fees to eligible users who make their first cash deposit or purchase of cryptocurrencies. To qualify, users must confirm their participation on the activity page and ensure that their transactions are worth the equivalent of at least $100 using PLN, RON, CZK, HUF or EUR. The promotion runs on a first-come, first-served basis.
Eligibility and participation
To participate, users must complete account verification and register for the promotion on the dedicated activity page. Participants who accumulate crypto purchases or trading volumes of at least $50 via Spot Wallet or their fiat trading pairs can share a prize pool of 4,000 USDC, with a maximum of 5 USDC per user.
Terms and Conditions
This promotion is available to verified users from selected countries in the European Economic Area (EEA). Binance will take a user's KYC address into consideration to determine eligibility. The zero fee feature only applies to the first transaction after registering for the promotion, and any deposits with waived fees will not be counted as the first transaction.
The prize pool of USD 4,000 will be distributed in the form of token vouchers within 21 days after the end of the promotion. Users can redeem these coupons through the Binance Rewards Hub but must do so within 30 days of distribution to avoid expiration.
Additional information
Binance stresses the importance of updating the Binance app to the latest version for optimal performance. The Company reserves the right to disqualify participants who engage in dishonest activities such as wash trading or market manipulation. Furthermore, Binance may amend the terms and conditions of the promotion due to regulatory changes or other important reasons.
For more details on how to participate or redeem vouchers, users are advised to visit Binance's support pages for instructions on using Spot Wallet and trading on the Binance app.
Image source: Shutterstock