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Enjoy Loss Protection for Your First Futures Trade And/Or Join Futures Trading Competition to Share 30,000 USDC!

Enjoy Loss Protection for Your First Futures Trade And/Or Join Futures Trading Competition to Share 30,000 USDC!

2024-08-16 00:00

This is a general announcement. Products and services referred to here may not be available in your region. This content is not intended for users/countries to which restrictions apply.

Fellow Binancians,

Binance Futures is thrilled to announce three new promotions to reward the community! Eligible users may participate to share a total prize pool of 30,000 USDC in token vouchers. Terms and conditions apply.

Promotion Period: 2024-08-16 00:00 (UTC) to 2024-08-25 23:59 (UTC)

Register Now

Promotion A: Make Your First Futures Trade to Share 10,000 USDC in Token Vouchers

All new Futures users* who register for the Promotion, make their first Futures trade, reach a cumulative Futures trading volume of at least 100 USDC equivalent, and whose first closed position results in a loss during the Promotion Period, will receive a token voucher equal to the value of their first closed position’s realized loss, up to 10 USDC. A total of 10,000 USDC are allocated to new Futures traders on a first-come, first-served basis. 

Please Note:

  • Eligible new users will receive a USDC token voucher only when their first closed position results in a loss. If their first closed position is profitable, they will not receive any voucher.

  • New Futures users refer to users who have never traded Binance Futures before the Promotion Period.

Promotion B: Join the USDⓈ-M Futures ROI Competition and Share 10,000 USDC in Token Vouchers

All eligible users who register for the Promotion and reach a cumulative USDⓈ-M Futures trading volume of at least 1,000 USDC equivalent during the Promotion Period will qualify to participate in this Promotion. 

Qualified participants will be eligible to share 10,000 USDC in token vouchers based on their cumulative ROI of trading USDⓈ-M Futures during the Promotion Period, as per the table below. 

Rankings Based on the Cumulative ROI of Trading USDⓈ-M Futures During the Promotion Period 

Reward per Eligible User (in Token Voucher)

1st Place

2,000 USDC

2nd Place 

1,000 USDC

3rd Place

500 USDC

4th - 10th Places

200 USDC

11th - 20th Places

70 USDC

21st - 100th Places

20 USDC

101st - 1,000th Places

An equal share of 2,800 USDC, capped at 5 USDC each

Please Note:

  • ROI is calculated from 2024-08-16 00:00 (UTC) to 2024-08-25 23:59 (UTC).

  • ROI of trading USDⓈ-M Futures: USDⓈ-M Futures ROI (in USDC) = USDⓈ-M Futures Asset Profit* / (100 USDC + USDⓈ-M Futures Initial Account Margin Balance + USDⓈ-M Futures Account Deposit)

  • *USDⓈ-M Futures Asset Profit = (Final USDⓈ-M Futures Account Balance of Asset Unrealized PnL - Initial USDⓈ-M Futures Account Balance of Asset Unrealized PnL) + Realized PnL of Asset + (Funding Fee of Asset - Commission of Asset - Insurance Clear) + Delivered Settlement

Promotion C: Join the USDⓈ-M Futures Trading Volume Competition to Share 10,000 USDC in Token Vouchers

All regular and VIP 1 - 6 users* who register for the Promotion and reach a cumulative USDⓈ-M Futures trading volume of at least 1,000 USDC equivalent during the Promotion Period will qualify to participate in this Promotion. 

Qualified participants will be eligible to share 10,000 USDC in token vouchers based on their cumulative trading volume of USDⓈ-M Futures during the Promotion Period (including both buys and sells), as per the table below. 

Rankings Based on the Cumulative Trading Volume of USDⓈ-M Futures During the Promotion Period  

Reward per Eligible User (in Token Voucher)

1st Place

2,000 USDC

2nd Place 

1,000 USDC

3rd Place

500 USDC

4th - 10th Places

200 USDC

11th - 20th Places

70 USDC

21st - 100th Places

20 USDC

101st - 1,000th Places

An equal share of 2,800 USDC, capped at 5 USDC each

Terms and Conditions

  • Only verified users from eligible regions who click "Register Now" on the Promotion page during the Promotion Period may qualify for rewards from the aforementioned Promotions (“Eligible Users”).

  • Eligible Users may participate in all three (3) promotions, subject to the qualifying criteria for each Promotion. 

  • For Promotion A, a total of 10,000 USDC is allocated. If the remaining amount of the USDC prize pool is lower than the last Eligible User’s first closed position’s realized loss, the user will only receive a USDC token voucher equal to the remaining amount in the prize pool.

  • No further rewards will be issued with respect to a Promotion if its reward pool is fully used.

  • Trading volumes on all FDUSD, TUSD, and USDT trading pairs will not count toward the trading volume requirement for EEA users in this Promotion.

  • Rewards will be in the form of USDC token vouchers only, and will be distributed within 14 working days after the respective Promotion ends. Eligible Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.

  • The validity period for the token voucher is set at 30 calendar days from the day of distribution. Learn how to redeem a voucher. The voucher must be redeemed before its expiry. If a voucher is not claimed before its expiry, then it will be void and no replacement voucher nor other reward will be provided.

  • These Promotions are strictly only available to Eligible Users who are enabled for Binance Futures services, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements. These Promotions are not intended for users/countries to which restrictions apply.

  • All Eligible Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures services in each country from which the services are accessed.

  • Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

  • Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately (e.g., wash trading, bulk account registrations, self dealing, market manipulation, and more).

  • Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing or method of any act to be done at any time, with or without notice, for any reason, including, without limitation, for reason of:

    • changes in applicable regulations or policies;

    • obligations arising out of law or decisions issued by common courts or public administration;

    • anti-money laundering or combating financing terrorism rules;

    • technical issues beyond our control;

    • necessity to protect users from potential losses; and

    • necessity to protect Binance from the loss of reputation.

  • Additional promotion terms and conditions apply and can be accessed here.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-08-16

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here

Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated without your consent. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.