This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is pleased to introduce Mock Spot Copy Trading, an all-new feature that allows eligible users to fully experience the different features available on Spot Copy Trading without opening any real positions. Each user will receive a virtual amount of funds worth 10,000 USDT for mock spot copy trading.
To mark this milestone, Binance will kickstart a new Mock Spot Copy Trading promotion, where eligible participants will stand to share a total of 10,000 FDUSD in rewards. Explore Spot Copy Trading now with the new Mock Spot Copy Trading feature without incurring any costs or risks!
Promotion Period: 2024-09-11 04:00 (UTC) to 2024-09-29 23:59 (UTC)
All regular and VIP 1 - 3 users who have never traded on Spot Copy Trading before the Promotion Period, can confirm their participation and create at least one new mock copy trading portfolio to participate. Users will be ranked by their total Profit and Loss (PnL) across all active mock spot copy trading portfolios during the Promotion Period. Qualified participants will then be eligible to share 10,000 FDUSD in token vouchers, as per the table below.
About Spot Copy Trading
Spot copy trading is an innovative feature that enables users to copy the real-time trades of experienced traders (i.e., “lead traders”). Spot copy trading allows lead traders to showcase their trading skills and decision-making expertise. This exposure can enhance their professional reputation and credibility, while allowing them to unlock extra rewards from ongoing promotions and earn a share of profits from traders who copy their trades.
Terms & Conditions:
Only verified users who click the [Register Now] button on the activity page by the end of the Promotion Period may successfully participate in the above Promotion.
This Promotion is only available to eligible users who are enabled for Binance Spot Copy Trading, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
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 Spot Copy Trading services in each country from which the services are accessed.
Binance reserves the right to change, modify, or impose additional restrictions with respect to the access to and use of Binance Spot Copy Trading services from time to time in its sole discretion at any time without notification.
All token voucher rewards will be distributed to eligible users within 21 working days after the end of the Promotion Period. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub.
All token voucher rewards will expire within two weeks after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a voucher.
Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to disqualify trades that are deemed to be prohibited trading activities, including but not limited to, churning, pump-and-dump schemes, ramping, wash trading and other market manipulation aimed at creating a false representation of price and/or quantity, illegal bulk account registrations, self-dealing, etc.
Binance reserves the right at any time in its sole and absolute discretion to terminate, and/or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this Promotion, changing the eligibility terms and criteria, the selection and number of winners, and/or the timing of any act to be done, and all participants shall be bound by any such amendments.
Additional promotion terms and conditions 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
2024-09-11
Note: This announcement was updated on 2024-09-28 to update the reward amount for 11th - 50th places and 51st - 100th places to an equal split of “1,500 FDUSD” and “1,000 FDUSD” respectively. Previously, it was updated on 2024-09-11 to clarify the virtual amount of funds each user will receive for mock spot copy trading is “10,000 USDT”.
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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: 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. Where copy trading involves futures, trading in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement.
You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. Trading by following and/or copying the trades of other traders involves a high level of risk, even when following and/or copying the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. 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. Copy trading is restricted in certain countries and to certain users. This content is not intended for users/countries to which restrictions apply. For more information, see our Terms of Use and Risk Warning.
