Binance Futures Launches Grand Tournament with $3M USDT Prize Pool
Binance Futures has announced the launch of its Futures Grand Tournament, offering eligible participants a chance to win a share of up to 3,000,000 USDT in token voucher rewards. The tournament is open to all regular and VIP 1-6 users, according to Binance.
Activities in the Tournament
The Futures Grand Tournament comprises four main activities: Welcome Rewards, Team Competition, Solo Competition, and Referral All Stars. Participants can earn medals from each activity, which will determine their share of the USDT prize pool.
- Welcome Rewards: New Futures traders can equally share up to 300,000 USDT.
- Referral All Stars: Earn medals by referring friends who complete their first futures trade.
- Team Competition: Teams compete based on Profit and Loss (PnL) performance to share up to 1,800,000 USDT.
- Solo Competition: Traders compete based on PnL or Return on Investment (ROI) performance to share up to 900,000 USDT.
Tournament Duration
- Registration, Welcome Rewards, and Referral All Stars Promotion Period: June 13, 2024, to July 14, 2024.
- Trading Competition Period: June 17, 2024, to July 14, 2024.
How to Participate
- Step 1: Log in to your Binance Futures account. New users can sign up here.
- Step 2: Register for the tournament on the promotion page.
Prize Pool Details
The tournament features a dynamic rewards pool of up to 3,000,000 USDT in token vouchers. The final prize will be determined by the total number of eligible participants.
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
Refer new users to Binance Futures during the promotion period. Referred users must register for the tournament and complete their first futures trade to qualify for medal rewards.
Team Competition
Teams are ranked based on the sum of their daily PnL. The top 20 teams will share a prize pool of up to 1,800,000 USDT.
Solo Competition
Participants are ranked based on their daily PnL and ROI performance. The top 20 in each category will receive medals and share a prize pool of up to 900,000 USDT.
Terms and Conditions
- All promotions are available only to users eligible for Binance Futures trading. Restrictions may apply based on legal and regulatory requirements in specific jurisdictions.
- Binance reserves the right to change, modify, or impose additional restrictions on the tournament.
- Rewards are not mutually exclusive. Users can win multiple rewards if they meet the relevant terms and conditions.
- USDT token voucher rewards will be distributed within 30 days after the promotion period ends. Users must claim their vouchers within 30 days of distribution.
For more details, refer to the official announcement on Binance.