Introducing Initia (INIT): Trade INIT to Grab a Share of the 1,000,000 INIT Prize Pool!

2025-04-24 11:30

This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.

Note: As of 2025-04-25, the rewards for this Promotion have been fully claimed and no further rewards will be distributed. Please stay tuned for future announcements on other Promotions. 

Fellow Binancians,

Binance is the first platform to announce the listing of Initia and will open trading with INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY trading pairs at 2025-04-24 11:00 (UTC)

To celebrate the listing of INIT, Binance will be launching a promotion for all eligible users! Eligible users who trade INIT can earn a share of the 1,000,000 INIT prize pool, distributed in token vouchers on a first-come-first-served basis.

Promotion Period: 2025-04-24 11:30 (UTC) to 2025-05-01 11:30 (UTC)

How to Participate:

During the Promotion Period, all eligible Binance Spot users who complete the following requirements can earn a share from the 1,000,000 INIT prize pool:

  1. Go to the Mission page, register for the Promotion by clicking [Start the Mission];

  2. Complete mission task(s) and fulfill minimum trading requirements to receive rewards, as per the reward structure.

Trade Now

Reward Structure:

Eligible users who fulfill the following minimum trade amounts for the respective tasks can receive rewards, as per the table below.

Mission Tasks

Task Requirements

Reward per Eligible User (in INIT Token Voucher)

Task 1 

Trade at least $10 worth of INIT on Binance Spot

10 INIT

Task 2 

Trade at least $100 worth of INIT on Binance Spot

50 INIT

Task 3 

Trade at least $1,000 worth of INIT on Binance Spot

125 INIT

Task 4 

Trade at least $10,000 worth of INIT on Binance Spot

250 INIT

Notes:

  • Eligible users who fulfill the trading requirements will automatically qualify for rewards in other tasks, subject to availability on a first-come, first-served basis.

    • For example, if User A trades at least $10,000 worth of INIT on Binance Spot during the Promotion Period, they can receive rewards from all Tasks 1, 2, 3 and 4.

  • Refer to the activity description and rules in the mission page for the full Terms and Conditions.

Terms & Conditions:

  • Only verified users who complete the tasks by the end of the Promotion Period may receive reward vouchers.

  • This Promotion is available to eligible users enabled for Binance Spot Trading, and may be restricted in certain jurisdictions or regions, or to certain users, due to legal and regulatory requirements.

  • All rewards will be distributed in the form of a token voucher. Reward vouchers will be distributed upon task completion and are valid for 7 days. Users may log in and redeem their token voucher rewards via Account > Rewards Hub.

  • Users should claim their token voucher within 7 days, otherwise the token voucher will become void, your reward will be forfeited, and no replacement reward will be provided. Learn how to redeem a Binance voucher.

  • Reward vouchers are subject to additional terms and conditions.

  • Rewards are not negotiable nor transferable.

  • Vouchers are distributed on a first-come, first-served basis. Once the available rewards have been allocated, no further rewards will be provided.

  • Additional terms and conditions for prize promotions apply and can be accessed here.

  • Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

  • Binance reserves the right to disqualify and revoke rewards for participants who engage in dishonest or abusive activities during the activity. This includes bulk-account registrations to farm additional bonuses and any other activity in connection with unlawful, fraudulent, or harmful purposes.

  • Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions. 

  • All calculations and determinations in respect of any promotion will be undertaken by Binance in its sole discretion.

  • Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending these activities, the eligibility terms and criteria, the selection and number of reward recipients, and the timing of any act to be done, and all participants shall be bound by these amendments.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

Binance Team

2025-04-24

USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]

Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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