Binance has announced the launch of its latest initiative, the Rising Stars Challenge, targeting users in the Middle East, North Africa, and South Asia (MENASA) regions. Participants can win a 1 ETH token voucher and share 11,000 FDUSD in token voucher rewards, according to Binance.
Activity Period and Eligibility
The activity will run from June 7, 2024, at 06:00 UTC to June 14, 2024, at 05:59 UTC. The challenge is open to regular and VIP 1-3 users within the specified regions. Users must complete various missions on the Challenge landing page to qualify for the rewards.
How to Participate
To get started, users need to visit the Challenge landing page and click the “Do it” button next to the corresponding mission. Completing missions during the activity period will earn participants Challenge attempts.
Once a mission is completed, users can click “GO” on the Challenge landing page to make their first Challenge attempt. The reward is determined by the square where the cursor lands. The maximum reward for an eligible winner from the reward pool is capped at 5 FDUSD Token Voucher.
How to Earn Challenge Attempts
Participants can earn Challenge attempts by completing the following tasks:
- Trade at least 100 USDT equivalent in total volume (buys/sells) on any Spot pairs to unlock one Challenge attempt.
- Trade at least 100 USDT equivalent in total volume (buys/sells) on any Margin pairs to unlock one Challenge attempt.
- Trade at least 100 USDT equivalent in total volume (buys/sells) on any Futures pairs to unlock one Challenge attempt.
- Trade at least 50 USDT equivalent in total volume (buys/sells) on any P2P pairs to unlock one Challenge attempt.
- Refer a friend to unlock one Challenge attempt.
Rewards Overview
The list of available rewards includes:
- 0.10 FDUSD Token Voucher
- 0.50 FDUSD Token Voucher
- 1 FDUSD Token Voucher
- 5 FDUSD Token Voucher
- 10 FDUSD Token Voucher
- 50 FDUSD Token Voucher
- 1 ETH Token Voucher
- 5,000 FDUSD Token Voucher Challenge Pool reward
The more times a user wins the Challenge Pool reward, the larger the share they will receive from the pool, capped at 5 FDUSD in token voucher per user.
Additional Notes
Each trading mission can only be completed once every 24 hours. The countdown to re-attempting a trading mission begins from the time the mission is completed. The Challenge Pool reward will be distributed based on the number of times a user has won the reward in proportion to the total number of times all eligible users have won the reward.
Terms & Conditions
This campaign is available for specific users who can access the Activity landing Page and click “Register Now” during the Activity Period. To participate, users must click the “Do it” button next to the corresponding mission first. Rewards will be distributed within 14 days after the promotion ends, and users can redeem their vouchers via the Rewards Hub.
Binance reserves the right to disqualify trades deemed to be wash trades or illegally bulk registered accounts. The platform also reserves the right to amend or cancel this announcement at any time without prior notice. For more details, visit the official Binance announcement.
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