Binance Futures Grand Tournament Offers Up to 3M USDT in Rewards
Binance Futures has unveiled a new competition, the Futures Grand Tournament, where participants can vie for a share of up to 3,000,000 USDT in token voucher rewards. This announcement was made by Binance, highlighting the tournament's various activities designed to engage both new and experienced traders.
Activities in the Futures Grand Tournament
The Futures Grand Tournament is segmented into multiple activities, each offering unique reward opportunities:
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Welcome Rewards: New futures traders can equally share a prize pool of up to 300,000 USDT.
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Referral All Stars: Participants earn medals by referring new users who complete their first futures trade.
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Team Competition: Teams compete based on their Profit and Loss (PnL) performance, sharing up to 1,800,000 USDT.
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Solo Competition: Individual traders compete based on PnL or Return on Investment (ROI) performance, sharing up to 900,000 USDT.
Duration and Participation
The tournament is divided into two main periods:
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Registration, Welcome Rewards, and Referral All Stars Promotion Period: June 13, 2024, to July 14, 2024.
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Trading Competition Period: June 17, 2024, to July 14, 2024.
To participate, users must first log in to their Binance Futures account. New users can sign up for an account and register for the tournament on the promotion page.
Dynamic Prize Pool
The total prize pool of up to 3,000,000 USDT will be dynamically allocated based on the number of eligible participants. The final distribution will be calculated by the total number of medals earned during the competition period.
Specific Activities
Welcome Rewards
New futures users who confirm their participation and trade futures for the first time during the tournament period can share the Welcome Rewards Prize Pool of up to 300,000 USDT.
Referral All Stars
Participants can earn medals by referring new users to Binance Futures. Each qualified referral must register for the tournament and complete their first futures trade during the promotion period.
Team Competition
Teams will be ranked based on their total daily PnL. The top 20 teams will share a prize pool of up to 1,800,000 USDT. Team leaders can create teams by submitting an application starting from June 13, 2024.
Solo Competition
Individual participants will be ranked based on their PnL or ROI performance. The top 20 participants in each category will receive medals, contributing to their share of up to 900,000 USDT.
Terms and Conditions
Participants must be eligible for Binance Futures trading, and restrictions may apply based on jurisdiction. Users are responsible for complying with local regulations. Binance reserves the right to amend the tournament's terms and conditions at any time.
Rewards will be distributed within 30 days after the promotion period ends. Users can redeem their rewards via the Rewards Hub, and all vouchers will expire 30 days after distribution.
For more detailed terms and conditions, visit the official announcement on Binance.