Binance Launches WIF COIN-M Futures Trading Competition with 10,000 WIF in Rewards

Binance Futures has announced a new trading competition to celebrate the launch of the WIFUSD COIN-M perpetual contract. The competition features two promotions and a total prize pool of 10,000 WIF in Futures Bonus Vouchers, according to Binance.

Promotion Details

The competition will run from July 23, 2024, at 12:00 UTC to August 5, 2024, at 23:59 UTC. It includes two primary promotions:

• Promotion A: New futures users who register for the promotion, make their first COIN-M futures trade, and reach a cumulative futures trading volume of at least 100 USDT equivalent will be eligible to receive 5 WIF in Futures Bonus vouchers.
• Promotion B: Regular and VIP 1-3 users who register for the promotion and achieve a cumulative WIFUSD COIN-M futures trading volume of at least 500 USDT equivalent will qualify to share 7,000 WIF in Futures Bonus vouchers based on their trading volume.

Eligible participants will receive WIF Futures Bonus voucher rewards on a first-come, first-served basis. Each new futures user can only receive one reward for Promotion A, capped at 5 WIF per user.

Terms and Conditions

To qualify for the rewards, users must be verified and from eligible regions. The rewards will be distributed within 14 working days after the end of the promotion, and the Futures Bonus vouchers will be valid for 30 calendar days from the day of distribution. Users can redeem their vouchers via the Rewards Hub on Binance's platform.

Binance reserves the right to disqualify any participants showing signs of fraudulent behavior, such as wash trading or market manipulation. The company also retains the right to amend or vary the terms and conditions of the promotion due to regulatory changes, technical issues, or other reasons deemed necessary to protect users and the platform.

Additional Information

Binance's announcement also notes that these promotions may not be available in all jurisdictions and encourages users to familiarize themselves with the legal requirements in their respective countries. For more details, users are advised to read the additional promotion terms and conditions available on Binance's website.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. Users should carefully consider their investment experience, financial situation, and risk tolerance before making any investment decisions.