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Make Your First Futures Trade and/or Join USDⓈ-M Futures ROI Competition to Share 13,000 IO!

Make Your First Futures Trade and/or Join USDⓈ-M Futures ROI Competition to Share 13,000 IO!

2024-06-18 02:00

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

To celebrate the listing of IOUSDT perpetual contract, Binance Futures is thrilled to announce a new promotion for IO.NET to reward the community! Eligible users may participate in this promotion to share a total prize pool of 13,000 IO in token vouchers.

Promotion Period: 2024-06-18 00:00 (UTC) to 2024-06-25 23:59 (UTC)

Register Now

Promotion A: Make Your First Futures Trade and/or Invite New Futures Traders to Share 8,500 IO in Token Voucher

All new futures users* who register for the Promotion, make their first futures trade and reach a cumulative futures trading volume of at least 100 USDT equivalent during the Promotion Period, will receive IO token voucher rewards as per the table below. A total of 5,000 IO are allocated to new futures traders on a first-come, first-served basis. 

Rankings by the Time of Fulfilling the Given Criteria

Reward per Eligible User (in Token Voucher)

1st - 2,000th Places

2 IO

All Remaining Eligible Participants

An equal share of 1,000 IO, capped at 1 IO each

Referrers who register for the Promotion will qualify to receive IO token voucher rewards for every qualified referral* who makes their first futures trade and reaches a cumulative futures trading volume of at least 100 USDT equivalent during the Promotion Period, as per the table below. A total of 3,500 IO are allocated for referrers on a first-come, first-served basis. 

Rankings by the Time the Referral Fulfills the Given Criteria

Reward per Eligible User (in Token Voucher)

1st - 1,500th Places

2 IO

All Remaining Eligible Participants

An equal share of 500 IO, capped at 1 IO each

*"New futures users" and "qualified referrals" refer to users who have never traded Binance Futures before the Promotion Period.

Promotion B: Join the USDⓈ-M Futures ROI Trading Competition to Share 4,000 IO in Token Voucher 

All users who register for the promotion and reach a cumulative USDⓈ-M Futures trading volume of at least 1,000 USDT equivalent during the Promotion Period will qualify to participate in this promotion. Qualified participants will be eligible to share 1,500,000 IO in token vouchers based on their cumulative ROI of trading USDⓈ-M Futures during the Promotion Period, as per the table below. 

Please note that a 3x realized profit multiplier will be applied to all trades on the IOUSDT perpetual contract in the calculations of users’ cumulative ROI of trading USDⓈ-M Futures during the Promotion Period.

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

Reward per Eligible User (in Token Voucher)

1st Place

500 IO

2nd - 4th Places

200 IO

5th - 10th Places

100 IO

11th - 20th Places

50 IO

21st - 50th Places

20 IO

51st - 100th Places

10 IO

All Remaining Eligible Participants 

An equal share of 700 IO, capped at 1 IO 

Please note:

  • ROI is calculated from 2024-06-18 00:00 (UTC) to 2024-06-25 23:59 (UTC).

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

    • *USDⓈ-M Futures Asset Profit = (Final USDⓈ-M Futures Account Balance of the Asset’s Unrealized PNL - Initial USDⓈ-M Futures Account Balance of the Asset’s Unrealized PNL) + Realized PNL of the Asset + (Funding Fee of the Asset - Commission of the Asset - Insurance Clear) + Delivered Settlement + 3 * IOUSDT Realized PNL

Promotion C: Complete IO Airdrop Tasks to Share 500 IO

During the Promotion Period, all Binance users who complete the following tasks will be eligible to enter the lucky draw and get a chance to claim their share of 500 IO in token vouchers:

Winners of the lucky draw will be selected from the participant pool based on the Binance Award Selection Rules. Qualified participants will be ranked according to the most number of consecutive numerical digits in their Binance UIDs (BUIDs) that match the last BNB Beacon Chain's block hash value at 2024-06-25 23:59:59 (UTC).

Rankings by the Most Number of Consecutive Numerical Digits in BUIDs

Reward per Eligible User (in Token Voucher)

1st - 10th Places

10 IO

11th - 210th Places

2 IO

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”).

  • Users may qualify for rewards from all three (3) promotions where applicable. 

  • To be eligible for Promotion C, participants’ X accounts should be set as public until the rewards have been distributed. Private X accounts will not be counted as an eligible entry. 

  • IO token voucher rewards will be distributed within 14 working days after the Promotions end. 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 days from the day of distribution. Learn how to redeem a voucher.

  • For avoidance of doubt, these Promotions are 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. 

  • 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 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 of any act to be done if it is justified due to important reasons, including but not limited to:

    • 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 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

2024-06-18

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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. 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.