NEXO/BNB Trading Competition on Binance DEX — 100,000 NEXO, 100 BNB, and Many Other Rewards

Published in

Nexo

4 min readOct 18, 2019

Nexo is thrilled to announce the start of NEXO/BNB trading on Binance DEX!

To commemorate the official listing, we have prepared a trading competition with exciting rewards and incentives for all NEXO/BNB traders to enjoy.

Competition Overview:

Everyone gets rewarded — for both active trading and mere participation, given that you cover the basic requirements at least once.

Duration: 7 Days
Start: Friday, October 18 (13:00 UTC)
End: Friday, October 25 (00:00 UTC)
Rewards: 100,000 NEXO + 100 BNB

The Two Reward Tiers

Daily Rewards:

70,000 NEXO (7 daily reward pools x 10,000 Tokens) + 210 Nexo T-shirts.

Each day 10,000 NEXO will be shared among all Binance Chain addresses that:

Reach a daily trading volume of 500 or more NEXO (including both buy & sell orders)
Hold a minimum of 500 NEXO (snapshots will be taken randomly each day)

Each day 30 Nexo T-shirts will be distributed to the traders behind 5 random addresses, which fulfill the daily trading and holding requirements (please see also the General Tips section below).

The trading volume on each address resets daily at 00:00 AM (UTC) so bear that in mind in order to maximize your chances of winning.

Daily rewards will be automatically airdropped to eligible addresses at approximately 12:00 PM (UTC) each following day.

2. Grand Rewards — 30,000 NEXO + 100 BNB + 50 Nexo Hoodies

At the end of the 7-day competition:

30,000 NEXO will be divided equally among the top 10 Binance Chain addresses that have generated the highest trading volumes for the entire duration of the competition.

Each of those top 10 traders will, of course, also get a fluffy Nexo Hoodie to fit them perfectly and keep them warm.

100 BNB will be rewarded to the trader who generates the highest volume during the whole competition.

General Tips:

Daily reward winners and the leaderboard with the top traders will be posted in this spreadsheet.
You can swap NEXO ERC-20 to BEP2 at #ZeroFees using your secure Nexo Account so that you can trade freely on Binance DEX.
In order to ensure fair play and smooth delivery of the Nexo T-shirts and Hoodies, we need the winners to confirm their digital and physical addresses:

Please send 500 NEXO from their winning Binance Chain address to their Nexo Wallets (and kindly pass advanced verification)
Please send an email to support@nexo.io containing the transaction ID of the 500 NEXO

Wash trading will not be tolerated. Both Binance DEX and Nexo will monitor the activities around the competition and will disqualify any attempts to gain an unfair edge over other participants.
Follow @NexoFinance and @AntoniNexo on Twitter to stay updated for airdrop campaigns and industry insights.

How to Trade NEXO/BNB on Binance DEX

Create a wallet for Binance DEX.
Transfer BNB to your Binance DEX address.
Place Buy Order on the NEXO/BNB pair.

Once you are done trading, make sure to move your NEXO to your Nexo Wallet to enjoy passive income and to get rewarded for your loyalty.

We hope you will enjoy trading NEXO/BNB on Binance Dex and will discover the many benefits of both crypto assets that have performed exceptionally well since their respective launches!

About Nexo:

Nexo is the blockchain’s leading regulated financial institution and the only provider of Instant Crypto Credit Lines, offering investors tax-efficient access to the value of their digital assets without having to sell them. Built by a team of professionals with more than a decade of FinTech success, the Nexo platform has processed more than $1 billion in under 18 months. All Nexo products are fully automated, offer an incredibly intuitive user experience and the flexibility to fit the individual financial needs of a global customer base of more than 300,000 users. Nexo boats guaranteed approvals, no hidden fees, and an unrivaled $100 million custodial insurance which have appealed to a wide variety of institutional clients, hedge funds and family offices, crypto mining enterprises, blockchain companies, exchanges, and everyday cryptocurrency investors.

Official website: https://nexo.io

About Binance

Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money. Binance Exchange is the leading global cryptocurrency exchange by trading volume, with users from over 180 countries and regions. The Binance ecosystem is also comprised of Binance Labs (venture capital arm and incubator), Binance DEX (decentralized exchange feature developed on top of its native, community-driven blockchain software system, Binance Chain), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), and Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability).

Official website: https://www.binance.org

Do check out our earlier blog posts, share them with your friends and let them too be part of the Nexo success story!

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