As a report has it, VET, the native token of VeChain, the leading enterprise blockchain platform, is now live on Binance Auto-Invest.
The new development was passed across via the official Twitter handle of Binance, the largest crypto exchange by trading volume. According to the report, to celebrate the listing, there will be an Auto-Invest giveaway of $90,000 in VET to eligible users.
Read Also: Binance Includes VeChain (VET) in Its First Batch of Tokens Supported on Binance Bridge 2.0
Binance tweeted, “Auto-Invest giveaway – $90,000 in $VET @vechainofficial to be shared! $VET is now live on #Binance Auto-Invest. Create investment plans with $VET and earn extra rewards!”
According to the announcement, the promotion is between 2022-05-04 09:00 (UTC) to 2022-05-15 23:59 (UTC). The giveaway is divided into Promotion A, Promotion B, and Promotion C.
In Promotion A, $50,000 in VET will be shared among users who create an Auto-Invest plan for VET and successfully purchase any amount of VET via an Auto-Invest plan during the promotion period. The reward for each qualified user is capped at $30 in VET.
Read Also: VeChain’s First-Ever Stablecoin, VeUSD, Is Now Live for Minting. Here’s How To Mint the Coin
In Promotion B, $30,000 in VET will be shared by all users who create an Auto-Invest plan for VET and successfully purchase VET via the Auto-Invest daily plan during the promotion period. According to the report, Rewards will be available on a first-come-first-served basis, and a maximum of 1,500 eligible participants can each receive up to $20 in VET tokens. The giveaway will be based on the criteria below.
In Promotion C, $10,000 in VET will be shared by all users who share the announcement post on Facebook or quote the announcement tweet on Twitter. The reward for each qualified user is capped at $5 in VET. Also, eligible users are urged to include their tweets or Facebook post links in this form.
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