Binance offers $120K in rewards to users who trade 5K or more LINA
- Top 30 users in total effective trading volume will share a prize pool of $55,000 in LINA vouchers
- LINA blockchain enterprise applies technology to solve problems with inadequacy in agriculture
- Projects involve product traceability, supply chain, health care, e-government, and other use cases
The world’s biggest crypto exchange by trading volume is offering $120,000 in rewards to users who trade 5,000 or more LINA (buying and selling). The offer period is from December 29 to January 4. You must register at the official website.
Two promotions with combined $120K prize pool
Binance has two promotions: A and B. The first involves a $65,000 prize pool in LINA token vouchers. All users who trade 5,000 LINA or more in eligible LINA margin and spot trading pairs, get at least one right answer on a quiz, and watch the LINA introduction video will share the mentioned prize pool in LINA token vouchers.
Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.
The reward is calculated based on the share of the total effective LINA spot and margin trading volume multiplied by the number of correctly answered questions.
In Promotion B, the top 30 users in total effective trading volume will share a prize pool of $55,000 in LINA token vouchers.
The reward is calculated based on the total effective trading volume as a share of the top 30 users’ total effective trading volume.
What is LINA?
LINA is the native token of the eponymous blockchain enterprise, which started with the desire to apply technology to solve problems with inadequacy in agriculture. Lina Network aims to apply transparent technology to connect people and provide practical solutions.
The team at Lina Network aims to expand its projects across multiple use cases such as product traceability, supply chain, health care, and e-government.
Terms and Conditions
Only users who register on Binance and complete KYC by the end of the promotion period shall be eligible for rewards. The eligible LINA spot and margin trading pairs are LINA/USDT and LINA/BTC.
Binance will use the average closing price at 11:59:59 PM (UTC) of LINA/USDT trading pair during the activity period as the LINA exchange rate used for distribution.
Winners from Promotion B will not be eligible for winning rewards from Promotion A. Rewards will be distributed within 2 weeks after the activity ends. The validity period for the token voucher is set at 14 days from the day of distribution.