Binance Futures celebrates Ethereum 2.0 with a 320 ETH Giveaway Campaign

By December 2, 2020 No Comments

30 November 2020, 12:30pm UTCBinance Futures is giving away 320 ETH, to mark the milestone launch of Ethereum 2.0 beacon chain genesis on 1st December 2020. The ETH 2.0 Celebration Campaign will run from 1st December, 2020 00:00AM to 15th December, 2020 0:00 AM (UTC).

Why is Binance giving away 320 ETH?

Under Ethereum 2.0’s proof-of-stake mode, users will have to stake a minimum of 32 ETH to participate as a validator. To launch Ethereum 2.0 genesis phase, there has to be at least ~524,288 ETH staked and at least 16,384 validators.

As of 30th November, ~851,232 ETH has been staked (etherscan link). Though the threshold to launch ETH 2.0 genesis phase has been met, ETH users may continue to stake if they wish.

Binance Futures is giving 320 ETH to celebrate the event. 

How does the 320 ETH Giveaway Campaign work?

There are two parts to the 320 ETH Giveaway Campaign, as follow:

  • Promotion A: Lucky Draw for VIP tier-0 & VIP tier-1 users. Trade ETH/USDT to win 165 ETH Tokens.

All VIP tier-0 and VIP tier-1 users are eligible to participate in the lucky draw. These users who accumulate the following minimum trading volume for ETH USDT-margined contract will be automatically enrolled in the lucky draw. There will be 320 winners sharing a prize pool of 165 ETH.

Minimum Trading volume requirementNo. of WinnerPrize of each winnerTotal prize pool
> 50,000 USDT641 ETH64 ETH
> 20,000 USDT1060.5 ETH53 ETH
> 5,000 USDT1500.32 ETH48 ETH
Total320 Winners/165 ETH
  • Promotion B: ETH/USDT Trading Volume Competition to win 155 ETH Tokens

All users will be ranked based on the total trading volume (including both buys and sells) for Binance’s ETH USDT-margined contract during the campaign period. There will be 50 Winners sharing 155 ETH.

RankNo. of WinnerPrize of each winnerTotal prize pool
🏅️Gold132 ETH32 ETH
🥈Silver124 ETH24 ETH
🥉Bronze116 ETH16 ETH
4th – 10th75 ETH35 ETH
11th – 50th401.2 ETH48 ETH
Total50 Winners/155 ETH

Where can I get more information?

Users can visit the 320 ETH Giveaway Campaign webpage here for more information.

For the campaign terms & conditions, please visit our official support page here.

For media queries, please contact [email protected].

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About Binance Futures

Binance Futures allows experienced users to trade crypto futures contracts with up to 125x leverage. Binance Futures’ NASDAQ level matching engine processes orders with ease with minimal latency (avg. 5ms at 100,000 orders per second). Learn more at: binance.com/en/futures

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