QTUM traders on Binance now have the opportunity to share from $120k set aside by both the exchange and the QTUM team.
The two firms jointly revealed they have committed an equivalent of 120,000 USD in QTUM token for the giveaway. The move is to commensurate the inclusion of QTUM in Binance’s margin trading platform. The competition starts on November 5 and ends on November 12, 2019.
Newly registered users wanting to participate in the trading competition get a 10% lifetime trading fee discount. As well, registrants on Binance making use of a special referral link are eligible to the said discount.
Also, users are ranked based on the volume of token traded and have the advantage to share from the $110,000 worth of QTUM tokens. The volume traded cuts across all QTUM trading pairs and involves buys and sells.
The first-place winner would be given $40,000 in QTUM tokens, while the second and third receive $20,000, and $15,000 respectively. Others not in the first to third category, but withing the first 10 range will share $35,000 in QTUM tokens. Those who share the competition image are to share $10,000 in QTUM Tokens.
To participate in the sharing reward, participants have to follow Binance and QTUM Twitter page and share the said image using the hashtag #QTUMActivity.
Participants are to note that wash trades or illegal bulk registration account and some other criminal acts are not allowed in the competition.
Also, they are to note that rewards will be shared within two weeks after the competition has been perfected.
The trading competition announcement comes a few hours before Binance declared futures and margin trading opened for sub-accounts on the platform.