Gold vs BTC: Choose Your Team and Win a Share of Up to $200,000
Bitaigen Research 1 min read
## Binance Launches “Gold vs BTC” Competition With $200,000 Prize Pool
Binance Launches “Gold vs BTC” Competition With $200,000 Prize Pool
New contest framework – Binance introduced a 30‑day “Gold vs BTC” competition that pits traders of the XAU/USDT (gold) pair against those of the BTC/USDT (Bitcoin) pair. Participants select a team, accumulate qualifying trade volume, and share a portion of a $200,000 prize pool. The contest runs from the day the announcement is posted and closes after 30 calendar days.
Eligible assets and calculation method – Only spot trades of XAU/USDT and BTC/USDT count toward a trader’s volume. The platform aggregates each user’s total qualifying volume per team; the top 1,000 traders on each side receive a share of the pool, distributed proportionally to their contribution. Standard Binance spot trading fees remain in effect; there are no additional fee discounts or waivers tied to the competition.
Target audience and regional scope – The promotion is open to all Binance registered users who have completed KYC verification and have access to spot trading. Users from jurisdictions where Binance services are restricted are excluded. Both new sign‑ups and existing account holders can join, but each user may only register for a single team.
Reward distribution and claim process – After the competition ends, Binance will calculate each eligible participant’s share and credit the reward to the user’s Spot Wallet within 10 business days. Winners must retain an active account to receive the payout; inactive accounts will forfeit the prize. Detailed terms, including verification requirements and dispute procedures, are available on Binance’s official announcement page.
⚠️ Risk Disclaimer: Crypto prices are highly volatile. This is not investment advice.
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