IOST Trading Competition Overview
Binance previously hosted an exciting trading event centered around IOST, offering participants the chance to win substantial BNB rewards through two distinct reward mechanisms:
Competition Details
Performance-Based Rewards
Top traders were ranked by their valid trading volumes during the event period, with prizes distributed as follows:- 1st place: 2,000 BNB
- 2nd place: 1,500 BNB
- 3rd place: 1,000 BNB
- Places 4–10: Shared pool of 3,500 BNB
- Lucky Draw Rewards
Traders ranked within the top 4,000 whose positions ended with the digit "1" equally split an additional 2,000 BNB pool.
👉 Discover current trading competitions
Key Event Terms
- Valid trading volume excluded artificial self-trades
- Participants engaging in manipulative trading were disqualified
- Rewards were distributed within two weeks post-event via users' distribution records
Celer Token (CELR) Listing Update
Binance successfully completed the distribution of CELR tokens acquired through its Launchpad program. The token became available for trading against BNB, BTC, and USDT pairs.
Important Notes for Users
- CELR listing fees were waived (0 BNB)
- Airdrop rewards from promotional campaigns were distributed simultaneously
- Users could verify token allocations in their account's distribution records
- Pro tip: Disable "Hide small assets" to view full CELR balances
Risk Disclosure
Cryptocurrency investments carry inherent risks. Binance emphasizes:
- The volatile nature of digital assets
- Investors' sole responsibility for risk assessment
- Platform's role in project vetting without liability for investment outcomes
FAQ Section
Q: How were competition winners determined?
A: Rankings were based on legitimate trading volume (buy+sell), excluding self-trades.
Q: When were CELR trading pairs activated?
A: Trading commenced at 12:00 PM HKT on March 25, 2019.
Q: How can I check my historical token distributions?
A: Navigate to "Distribution Records" in your account dashboard.
Q: Does Binance still host similar trading events?
A: The platform regularly updates its promotional calendar – check announcements for current opportunities.
Q: What constitutes "invalid" trading volume?
A: Any artificially inflated activity between controlled accounts.
Q: Were Launchpad participants automatically enrolled in CELR trading?
A: Token distribution didn't require additional action – balances were credited directly to eligible accounts.