Moonbix Price Protection Campaign (Nov 24)

Moonbix Price Protection Promotion - Nov 2024

Promotion Period: 2024-11-01 13:00 (UTC) to 2024-11-30 23:59 (UTC)

To help Moonbix users kickstart their crypto journey, Binance is offering a limited subsidy of up to 15 USDC in token voucher for qualified participants who incur any trading losses from their first purchase with BTC on Binance Spot or Convert during the Promotion Period! A total of 100,000 USDC in token vouchers is available in this promotion, and rewards will be distributed on a first-come, first-served basis.

Please note that this promotion is open to Binance Moonbix users who have yet to complete their first trade on Binance prior to the promotion, and the products and services referred to here may not be available in your region.

How To Participate

1) Opt-in & Bind Your Account with Moonbix

During the Promotion Period, confirm your participation by clicking the [Opt-In Now] button above and binding your Binance account with Moonbix here.

2) Make Your First Purchase With BTC

Complete your first purchase on any BTC-to-stablecoin pair via Binance Spot or Binance Convert during the Promotion Period.

3) Hold Your Purchased BTC

Hold the amount of BTC you purchased from your first trade during the Promotion Period until the promotion ends.

Users who fulfill all requirements during the Promotion Period will each receive a subsidy of up to 15 USDC in token voucher on a first-come, first-served basis for any loss incurred on this first trade (where applicable). A total of 100,000 USDC in token vouchers is available in this promotion.

Guides to Getting Started

How to Spot Trade on Binance App

Learn More >

How to Use Binance Convert

Learn More >

Terms & Conditions

These terms and conditions (“Activity Terms”) govern users’ participation in this Moonbix Price Protection Promotion (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice; all of which are incorporated by reference into these terms and conditions.

2. In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the  following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Terms of Use; and (c) Binance Privacy Notice.

3. Only users from qualified regions who have not completed any trade on Binance prior to this promotion, complete KYC, and bind their Binance account with Moonbix here before the end of the promotion, shall be eligible for any rewards.

4. Qualified participants will receive a limited subsidy of up to 15 USDC in token voucher each on a first-come, first-served basis, which may cover any trading losses from their first trade on any BTC-to-stablecoin pair via Binance Spot or Binance Convert during the Promotion Period. A stablecoin is a cryptocurrency pegged to another asset, such as fiat currencies or precious metals (e.g., USDT, USDC, FDUSD, TUSD, etc.).

If the closing price of the BTC/USDT spot trading pair at the end of the Promotion Period is higher than that of a qualified participant's first BTC purchase, he/she will be considered to have made a profit, and will not receive any compensation.

6. If the closing price of the BTC/USDT spot trading pair at the end of the Promotion Period is lower than that of a qualified participant's first BTC purchase, the user is considered to have made a loss. The user's losses on this first BTC purchase will then be calculated using the closing price of the BTC/USDT spot trading pair at the end of the Promotion Period. Binance will use the USDT/USDC spot trading pair at the time of rewards distribution to calculate the final value of the USDC token voucher that each qualified participant will receive, capped at 15 USDC per token voucher.

7. Trades on all FDUSD, TUSD, and USDT trading pairs will not count toward the trading requirement for EEA users in this promotion.

8. Each sub-account will not be viewed as an independent account when participating in this promotion.

9. Each user may rebind their Binance account to Moonbix for a maximum of one time only. Rewards will only be distributed to the last Binance account bound to Moonbix, where applicable.

10. Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, risk accounts, self-dealing, or market manipulation).

Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

12. Rewards will be distributed in the form of token vouchers within 21 days after the Promotion Period ends. Winner(s) will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.

13. All token voucher rewards will expire within 14 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.

14. Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.

Disclaimer

In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.

Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.