Binance Futures Hosts Memecoin Trading Event with 25,000 USDC Prize Pool

Binance Futures has launched an exciting new event, the Memecoin Party, which offers eligible users the opportunity to win a share of 25,000 USDC in token vouchers. This event features two promotional campaigns that run from October 17th to October 25th, 2024, as stated in a recent announcement by Binance.

Promotional Details

The Memecoin Party includes two distinct promotions. The first is dedicated to new Futures users who have never made a deposit or traded on Binance Futures before the promotion period. These users must register for the promotion, complete their first Futures deposit, and achieve a cumulative Futures trading volume of at least 100 USDC equivalent. A total of 12,500 USDC is allocated to new users on a first-come, first-served basis.

The second promotion targets regular and VIP 1-6 users. Participants must register and achieve a cumulative USDⓈ-M Perpetual Futures trading volume of at least 1,000 USDT equivalent to qualify. They will then be eligible to win a share of another 12,500 USDC, distributed based on their trading volume on designated perpetual contracts during the promotion period.

Eligible Trading Contracts

The designated perpetual contracts for this event include a wide range of memecoins and popular cryptocurrencies, such as 1000PEPEUSDC, DOGEUSDC, WIFUSDC, DOGEUSDT, 1000SHIBUSDT, and many others, offering a broad spectrum of trading options for participants.

Terms and Conditions

Participation in the promotions is subject to several conditions. Only verified users from eligible regions who register during the promotion period can qualify for the rewards. Additionally, trading volumes on FDUSD, TUSD, and USDT pairs do not count towards the volume requirement for EEA users.

Rewards are distributed in USDC token vouchers within 14 working days after the promotion ends. These vouchers are valid for 30 days post-distribution and must be redeemed before expiry.

While the promotions are available to users enabled for Binance Futures services, they may be restricted in certain jurisdictions due to legal and regulatory requirements. Binance reserves the right to amend the terms and conditions or disqualify participants showing signs of fraudulent behavior.

For more information, visit the Binance announcement.