Binance has launched a new event, the October Trading Competition. The event will run from October 8 to November 6, and registration has already begun. The event is [Binance 2024 Trader League, show your trading talent and share up to $10,000,000]. This is a feast for traders, with rich rewards, but the reality is cruel, because as long as there is trading, there is the possibility of loss. Here is a method for traders to make money with low risk.
There are two points to this activity:
For the spot trading competition, the minimum guarantee is about 2u, and the rules for meeting the minimum guarantee are: 500u trading volume and 1% rate of return.
Contract trading competition, the minimum guarantee is about 2u, and the minimum guarantee requirement is: 500u trading volume.
If there are too many participants, there may not be 2u guaranteed. However, according to my experience in the past few sessions (I can get about 6u per single number in each session, and the basic rules of each session are the same), because it involves trading and may lose money, generally not many people participate.
Regarding transaction fees and funds, if you can use the ones provided by Binance, don’t use your own, so as to maximize your profits.
The following is a plan suitable for those who want to trade in bulk. First, you need to participate in the event. You must participate in the event and the transaction volume you make will count:
How to achieve 500u and 1% in spot trading:
Spot trading fees can be deducted with the discount coupons issued by Binance below. The trading volume of 500u and the 1% return rate depend on your understanding. If you can't achieve a 1% return rate in spot trading, this really can't help you. (For example, wait patiently for BTC to fall sharply and buy the bottom, and then don't trade after reaching 1% and wait for the event to end)
How to achieve 500u contract trading:
Participate in the following contract trading challenge before October 8. You don't need to make any transactions. Just click to get 6u contract experience coupons and 5u contract fee coupons. When the coupons are issued (in mid-October), you can use the contract experience coupons to open 50 times the contract to buy and sell once to complete the task:
【Off topic】
In addition, the 10u God of War can now participate in the competition. This individual contract competition only looks at the rate of return, not the amount of funds. If the Ant Warehouse does well, it will take off and receive hundreds of thousands of rewards.
