Learn & Trade GMX - $75,000 Rewards Up for Grabs!
Binance GMX Learn & Trade Answers
Quiz Answers :
*Decentralized leverage trading
2 : What is the maximum leverage on the platform?
*30.50x
3 : Which tokens can you trade on GMX?
*ETH/BTC/UNI/LINK/AVAX
4 : What is GLP?
*The liquidity provider token of the GMX protocol
5 : What does Tier 3 of the GMX referral program give you as rewards?
*15% of your referred volume paid out in ETH/AVAX, and 5% in esGMX
6 : What benefits do you get when trading on GMX?
*Trade on-chain from your own wallet
*deep liquidity
*no scam-wicks
7 : What does staking your GMX do?
*Gives you 30% of all protocol fees paid out in ETH/AVAX
8 : Can you perform a swap trade on GMX?
*Yes, you can swap between all assets in the GLP pool and pay low fees
9 : What is the name of the GMX community NFT project
*GMX Blueberry Club
10 : What is the name of the podcast hosted by community members?
*The Blueberry Podcast
11 : How are decisions made on the GMX platform?
*Discussions on governance forums and a GMX voting snapshot to make the final decision
Activity Rules
Learn & Trade GMX - $75,000 Rewards Up for Grabs!
Learn, Deposit & Trade to Share $75,000 Prize Pool in GMX Token Vouchers
All users who complete a net deposit of at least 5 GMX or trade of at least 8 GMX across the eligible GMX spot and margin trading pairs (buys & sells), finish reading the GMX introduction article and take the quiz during the activity period, will qualify for a share of $75,000 in GMX token vouchers. Each eligible user will receive rewards based on their total number of correctly answered questions, as a proportion of all correctly answered questions by all qualified users.
Reward Calculation:
The reward for the qualified user = (Individual user’s correctly answered questions / Total number of correctly answered questions from all qualified users) * $75,000 in GMX token vouchers.
Terms & Conditions:
All users should click the [Register Now] button on this page and complete KYC to successfully participate in the activity.
If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
Eligible GMX spot and margin trading pairs: GMX/USDT, GMX/BTC, GMX/BUSD.
Binance will use the average closing price of the GMX/USDT trading pair at 23:59:59 (UTC) during the activity period as the GMX exchange rate used for rewards distribution.
Rewards will be distributed within two weeks after the activity ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a token voucher.
Binance will combine sub-account’s and margin account's trading volume with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
Trading volume counts both buys and sells, excluding any wash trades, across all eligible GMX spot and margin trading pairs.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Learn & Trade GMX - $75,000 Rewards Up for Grabs!
Learn, Deposit & Trade to Share $75,000 Prize Pool in GMX Token Vouchers
All users who complete a net deposit of at least 5 GMX or trade of at least 8 GMX across the eligible GMX spot and margin trading pairs (buys & sells), finish reading the GMX introduction article and take the quiz during the activity period, will qualify for a share of $75,000 in GMX token vouchers. Each eligible user will receive rewards based on their total number of correctly answered questions, as a proportion of all correctly answered questions by all qualified users.
Reward Calculation:
The reward for the qualified user = (Individual user’s correctly answered questions / Total number of correctly answered questions from all qualified users) * $75,000 in GMX token vouchers.
Terms & Conditions:
All users should click the [Register Now] button on this page and complete KYC to successfully participate in the activity.
If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
Eligible GMX spot and margin trading pairs: GMX/USDT, GMX/BTC, GMX/BUSD.
Binance will use the average closing price of the GMX/USDT trading pair at 23:59:59 (UTC) during the activity period as the GMX exchange rate used for rewards distribution.
Rewards will be distributed within two weeks after the activity ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a token voucher.
Binance will combine sub-account’s and margin account's trading volume with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
Trading volume counts both buys and sells, excluding any wash trades, across all eligible GMX spot and margin trading pairs.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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