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Binance to Run Discount Buy Leaderboard Campaign With Rewards Valued Up to 888 USDC

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2026-06-18 05:00:34
According to the announcement from Binance, Binance Earn will launch a leaderboard campaign for Discount Buy users, offering rewards valued up to 888 USDC based on rankings during the Promotion Period from 2026-06-18 05:00 to 2026-07-01 23:59 (UTC). Participants who confirm participation will be ranked by their average Discount Buy subscription amount across all Discount Buy pairs during the Promotion Period, and the top 40 eligible users are set to receive rewards delivered as a Discount Buy Subscription.

Heading: Reward tiers and timing

The reward structure assigns a Discount Buy Subscription valued at 888 USDC for 1st place, 588 USDC for 2nd–3rd, 188 USDC for 4th–10th, 88 USDC for 11th–20th, and 58 USDC for 21st–40th. Binance said subscriptions with a duration of more than 1 day will be considered qualified for the promotion. Rewards are scheduled to be distributed as a Discount Buy subscription with a duration of 14 days within 14 days after the Promotion concludes, by 2026-07-15.

Heading: Product mechanics referenced in the announcement

Binance described Discount Buy as a non-principal-protected structured product with preset Target Buy Price, Knockout Price, APR, and Settlement Date. At settlement, outcomes depend on the Settlement Price: if it is at or above the Knockout Price, users receive their full investment back along with APR rewards; if it falls between the Target Buy Price and Knockout Price, 50% of the investment is used to buy crypto at the Target Buy Price and 50% is returned; if it is at or below the Target Buy Price, 100% of the investment is used to buy crypto at the Target Buy Price. Binance also stated that subscriptions cannot be edited, canceled, or redeemed before settlement.
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