This is a general announcement and the products and services mentioned here may not be available in your area.

Dear User:

To celebrate the launch of the new funding rate arbitrage bot on Binance web and app, Binance Futures will be running a limited-time promotion for both new and experienced futures traders.

Event time: 19:30:00, June 27, 2024 to 19:30:00, July 11, 2024 (GMT+8)

During the event, users who register to participate in the event and create an arbitrage robot and keep it running for 72 hours will receive an additional 20% capital income, with the upper limit of each user's income being 50 USDT.

Users will share a 50,000 USDT prize pool on a first-come, first-served basis. A snapshot of the fund proceeds will be taken three days after the event ends (19:30:00, July 14, 2024, GMT+8) to determine the rewards for each eligible winner.

How to participate:

• Step 1: Log in to your Binance Futures account. If you don’t have a Binance Futures account yet, please sign up here;

• Step 2: Click the "Register Now" button on the Event Page to participate in the event:

• Step 3: Set up your arbitrage bot strategy and keep it running for at least 72 hours.

How the Funding Rate Arbitrage Bot works:

Earn funding fees by opening a perpetual contract, and establish a reverse position in the spot market to hedge against price fluctuations by trading the same currency.

terms and Conditions:

1. Eligibility:

• Only users who have completed identity authentication and clicked the "Join Now" button on the activity page during the activity period can receive rewards (qualified users);

• The activity is limited to regions and users who enable contract trading and/or trading robot services, and may not be available or restricted in certain jurisdictions or regions, or restricted to certain users, depending on legal and regulatory requirements;

• It is the user's responsibility to understand and comply with any restrictions and/or requirements on accessing and using Binance Futures and/or trading bot services in each country where Binance provides services;

• Only users with positive funding returns are eligible to receive rewards. Funding returns only apply to strategies enabled during the event period;

• A snapshot of fund earnings will be taken on July 14, 2024 at 19:30:00 (ET8) to determine the rewards for each eligible winner.

2. Token voucher distribution:

• The event rewards will be issued in the form of USDT token vouchers within 14 working days after the event ends. You can view and claim them in Account - Reward Center;

• Winning users must activate their tokens within 14 days of receiving the reward. Learn more about Binance Tokens and how to redeem them.

3. Other Terms:

• During the event, if there is any malicious volume-increasing behavior, large number of registered accounts, self-buying and self-selling, mutual knocking and other cheating behaviors, Binance will strictly review and cancel the participation qualification;

• Binance reserves the right to reasonably determine and/or modify or change these Terms and Conditions, the eligibility for the Prizes, the selection and number of winners, and the timing of taking any action for important reasons, including:

  • changes in applicable regulations or policies;

  • obligations arising from laws or decisions issued by ordinary courts or public administrations;

  • rules to combat money laundering or the financing of terrorism;

  • Technical issues beyond Binance’s control;

  • It is necessary to protect users from potential losses;

  • It is necessary to protect Binance from reputational damage.

4. There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.

Thank you for your support!

Binance Team

June 27, 2024