The Sandbox (SAND) Investing Competition — $100, 000 to Be Won!
Competition Period: 11 August 2021 00: 00 AM to 17 August 2021 11:59 PM (UTC).
Sandbox (SAND) and Binance are teaming up once again for a new trading competition. Participation in any or all three promotions is open from August 11th to August 17th 11:59 PM UTC.
Read on to learn how you can participate and win some of the $100,000 $SAND rewards available!
Promotion A: New User Exclusive Prize Pool of $20,000 in SAND Tokens
Users who register for a Binance account during the contest period and trade 700 SAND or more effective trading volume (trading volume includes both buys and sells in all contests) in any eligible SAND trading pairs will equally share a prize pool of $20,000 in SAND token vouchers.
Promotion B: Trade SAND and Win a Share of $60,000 in SAND Tokens
The top 30 users ranked by effective trading volume in any eligible SAND trading pairs during the competition period will share a pool of $60,000 in SAND token vouchers. The reward structure is as follows:
- 1st place: $10,000 in SAND token vouchers
- 2nd place: $7,000 in SAND token vouchers
- 3rd place: $5,000 in SAND token vouchers
- 4th-10th places: equally split $18,000 in SAND token vouchers
- 11th-20th places: equally split $12,000 in SAND token vouchers
- 21th-30th places: equally split $8,000 in SAND token vouchers
Promotion C: Trade SAND to Win $200 in SAND Tokens to 100 winners
All users with a total trading volume of 20,000 SAND or more in the eligible SAND trading pairs during the competition period will qualify for a challenge, where 100 winners will be selected based on the challenge rules to each win $200 in SAND token vouchers.
Additional Margin Promotion Benefits:
- 0% borrowing interest on SAND margin trading pairs.
- Trading volume completed via margin will be multiplied by a coefficient of 2.
- All users that borrow SAND from Binance Margin will enjoy a VIP+1 borrowing limit.
Binance – Terms & Conditions:
- If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
- Eligible SAND trading pairs: SAND/USDT, SAND/BTC, SAND/BNB.
- Binance will use the average closing price at 11:59:59 PM (UTC) of SAND/USDT trading pair during the competition period as the SAND exchange rate used for distribution.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
- The validity period for the token voucher is set at 14 days from the day of distribution. Learn How to Redeem a Token Voucher.
- The award selection rules of Promotion C follow the Award Selection Rules Bases on Binance Chain Hash Value.
- Participants that win rewards in Promotion B will not be eligible to receive rewards from Promotion C.
- Binance will combine sub-account’s trading volume with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
- Trading volume counts both buys and sells, excluding any wash trades, across all SAND spot trading pairs.
- Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
- Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Good luck on this new competition!
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
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.
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