This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Futures is launching a Futures Traders League! All eligible regular and VIP 1-6 users may participate and grab a share of up to 7,000,000 USDT in token voucher rewards and exclusive Binance VIP swag! The Futures Traders League includes Welcome Rewards, Solo Competition, and Team Competition.
Activities in the Futures Traders League
Welcome Rewards: All new Binance Futures traders can equally share a prize pool of up to 700,000 USDT in token vouchers.
Solo Competition: Compete against other traders based on best Return on Investment (ROI) performance to share a prize pool of up to 2,800,000 USDT in token vouchers.
Team Competition: Compete as a team for best Profit and Loss (PnL) performance to share a prize pool of up to 3,500,000 USDT in token vouchers.
Duration of the Futures Traders League:
Welcome Rewards Promotion Period: 2024-10-03 00:00 (UTC) to 2024-11-06 23:59 (UTC)
Solo Competition Registration Period: 2024-10-03 00:00 (UTC) to 2024-10-28 23:59 (UTC)
Solo Competition Promotion Period: 2024-10-08 00:00 (UTC) to 2024-10-28 23:59 (UTC)
Team Competition Registration Period: 2024-10-10 00:00 (UTC) to 2024-11-06 23:59 (UTC)
Team Competition Promotion Period: 2024-10-17 00:00 (UTC) to 2024-11-06 23:59 (UTC)
How to Participate:
Activity A: Welcome Rewards
Promotion Period: 2024-10-03 00:00 (UTC) to 2024-11-06 23:59 (UTC)
New Binance Futures users* who confirm their participation on the Solo or Team Competition page and reach a total trading volume of at least 500 USDT during the Promotion Period, will be eligible to equally share the Welcome Rewards Prize Pool of up to 700,000 USDT in token vouchers.
Note: New Binance Futures users are defined as users who have not traded on Binance Futures prior to 2024-10-03 00:00 (UTC).
Activity B: Solo Competition
Solo Competition Registration Period: 2024-10-03 00:00 (UTC) to 2024-10-28 23:59 (UTC)
Solo Competition Promotion Period: 2024-10-08 00:00 (UTC) to 2024-10-28 23:59 (UTC)
During the Solo Competition Promotion Period, users who confirm their participation on the Solo Competition page, and trade any COIN-M or USDⓈ-M contracts on Binance Futures will be eligible to participate. All participants will be ranked based on their ROI performance. Eligible traders with a total futures trading volume of at least 500 USDT equivalent during the Solo Competition Promotion Period can win a share of up to 2,800,000 USDT in token vouchers.
VIP 1-6 Users Exclusive Bonus
The top 20 eligible VIP 1-6 users who confirm their participation on the Solo Competition page with the highest ROI and have recorded more than $30,000,000 equivalent in trading volume on Binance Futures during the Solo Competition Promotion Period, will each receive a Binance VIP Merchandise Gift Pack*. Each Binance VIP Merchandise Gift Pack includes a pair of Open Run Pro Headphones, a silver ring, a duffle bag, a blanket, a cap and a pair of socks.
Note: *If for any reason Binance is unable to ship a Binance VIP Merchandise Gift Pack to you, we may at our sole discretion, provide you with $300 worth of BNB token vouchers instead.
Activity C: Team Competition
Team Competition Registration Period: 2024-10-10 00:00 (UTC) to 2024-11-06 23:59 (UTC)
Team Competition Promotion Period: 2024-10-17 00:00 (UTC) to 2024-11-06 23:59 (UTC)
Create a team as the Team Leader or join a team on the Team Competition page, and trade any COIN-M or USDⓈ-M contracts on Binance Futures during the Team Competition Promotion Period. All participating teams will be ranked based on the sum of Team Daily PnL. The top 50 teams can share a prize pool of up to 3,500,000 USDT in token vouchers.
Rewards Distribution Within Each Team:
Please note:
*Eligible Top 20 Profit Contributors are the team members, including the Team Leader, who have a total futures trading volume of at least 1,000 USDT equivalent and are ranked by profit during the Team Competition Promotion Period. If two or more team members have the same profit, they will be ranked by total futures trading volume during the Team Competition Promotion Period.
**Remaining Eligible Team Members are team members, which includes the Top 20 Profit Contributors but not the Team Leader, who achieve a total futures trading volume of at least 1,000 USDT during the Team Competition Promotion Period.
Users may create a team for this Team Competition by submitting a Team Leader application via the Team Competition page, starting from 2024-10-10 00:00 (UTC).
Team Daily PnL is calculated by adding the daily PnL of the team’s top 20 members who obtain the highest daily PnL (PNL must be greater than 0) on COIN-M or USDⓈ-M contracts.
If a team has less than 20 team members with a positive PnL during the Promotion Period, the Team’s PnL will be calculated by summing up the PnL of the remaining team members whose PnL is greater than 0.
If more than one team has the same sum of Team PnL, the team with a higher total futures trading volume during the Team Competition Promotion Period will receive a higher ranking.
If more than one team member has the same profit, the user with the higher total futures trading volume during the Team Competition Promotion Period will be considered a greater profit contributor.
Dynamic Prize Pool (in USDT Token Vouchers):
The Futures Traders League features a dynamic prize pool of up to 7,000,000 USDT in token vouchers across the Solo Competition, Team Competition and Welcome Rewards. The final prize pool will be determined by the total number of eligible participants* in the respective trading competitions.
Please note:
Dynamic Prize Pool for Welcome Rewards:
The Welcome Rewards Prize Pool will be determined by the total number of eligible participants in the Team Competition.
Final Prize Pool
Terms and Conditions:
All Promotions are only available to users who are eligible for Binance Futures 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 Futures trading services in each country/region 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 the Binance Futures trading services from time to time in its sole discretion at any time without notification.
The Futures Traders League is open to regular and VIP 1-6 users only. Eligible users must have their account verified and register for the Solo Competition or Team Competition on the Promotion pages to qualify for any rewards. Binance has the sole discretion to determine the user's eligibility. Register here if you do not have a Binance account yet.
Rewards are not mutually exclusive. Users may win multiple rewards as long as they meet the relevant terms and conditions.
The Expected Rewards shown on the Promotion page for the Team Competition is an estimated value. The Team PNL Ranking will be updated by 06:00 (UTC) daily, but updates may be earlier or delayed depending on the amount of data. Please base it on the actual update time of the day.
Each day runs from 00:00 (UTC) to 23:59 (UTC).
Notes for Team Leaders participating in Team Competition:
There is no limit on the size of each team;
Once the team is created, Team Leaders will not be able to disband the team or make any further changes;
Team Leaders can continue adding team members after the competition starts;
Team Leaders can use their team referral link to invite people to join their team and record them as their referrals. Binance Futures users who join a team without using the Team Leader’s team referral link will not count as their referrals;
After registration, the Team Leaders will be automatically added to the Team Chat Room. During the Promotion Period, Team Leaders can use the Team Chat Room to review team performance.
Notes for All Team Members participating in Team Competition:
Team Members can choose to join their favorite team from the Team Competition page;
Team Members will not be able to change teams after joining a team;
Team Members can use their team’s referral link to invite people to join their team and record them as their referrals; Binance Futures users who join their team without using the team referral link will not be recorded as their referrals;
After registration, team members will be automatically added to the Team Chat Room.
USDT Token Voucher Rewards Distribution:
All USDT token voucher rewards for all activities will be distributed within 30 days after the Promotion Period ends on 2024-11-06 23:59 (UTC).
Users may log in and redeem their voucher rewards via Account > Rewards Hub.
All voucher rewards will expire within 30 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a Binance voucher.
If a voucher is not claimed before its expiry, then it will be void and no replacement voucher nor other reward will be provided
VIP 1-6 Users Exclusive Bonus:
Binance VIP team will contact winners via the email address linked to their Binance accounts within 30 days after the Promotion ends.
If the winner fails to reply within five (5) days of receiving the email, the reward will be forfeited. Winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.
If for any reason Binance is unable to deliver the Binance VIP Merchandise Gift Pack to the winner, we may at our sole discretion, provide the winner with $300 worth of BNB token vouchers within 30 days after the Promotion ends. For BNB token voucher, Binance will use the BNB/USD closing price on 2024-10-28 exchange rate for rewards distribution. Please note that the actual value of rewards received is subject to change due to market fluctuation.
Please note that the analysis provided by team leaders is not representative of the views of Binance in any way. Binance will not be held liable for any trading losses experienced by Team Members following guidance from Team Leaders.
Sub-accounts and portfolio margin accounts are not eligible to participate in the Futures Traders League.
Sub-accounts will not be considered as individual participants. PnL and trading volume of sub-accounts will be combined with the master accounts’ standard PnL and trading volume in the final calculation.
Trades on any USDⓈ-M contracts and COIN-M contracts on Binance Futures will count as eligible trades in the Futures Traders League.
The effective trading volume counts both buys and sells, excluding any wash trades.
Leaderboard ranks and results will be updated at approximately 06:00 (UTC) daily. Updates may be earlier or delayed depending on the amount of data. Please base it on the actual update time of the day.
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 trades that are deemed to be wash trades, illegal bulk account registrations, self-dealing, or display signs of market manipulation, etc.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending these activities, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
All calculations and determinations in respect of any Promotion will be undertaken by Binance in its sole discretion.
Binance shall not be liable for any losses or damages users may incur as a result of their participation in the event and/or use of the services.
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
2024-10-04
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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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.
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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.
