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Futures Grand Tournament: Trade Futures to Grab a Share of Up to $2M and More in Rewards!

Futures Grand Tournament: Trade Futures to Grab a Share of Up to $2M and More in Rewards!

2023-11-24 14:15

Binance Futures is launching a new Futures Grand Tournament! All eligible regular and VIP 1-6 users may participate and grab a share of up to 2,000,000 USDT in token voucher rewards and more exclusive rewards.

Join the Promotion Now!

Promotion Period: 2023-11-27 00:00 (UTC) to 2023-12-24 23:59 (UTC)

The Tournament comprises the following activities: 

  • Early Bird Challenge: Complete tasks to earn stars and claim rewards from a 35,000 USDT rewards pool.

  • Team Competition: Compete as a team for best Profit and Loss (PnL) performance to share up to 1,250,000 USDT.

  • Copy Trading Competition: Become a Lead Trader or predict the top Lead Trader of the week to share up to 350,000 USDT.

  • Battle of the Bots: Create a Futures Grid Trading Bot and climb up the Return on Investment (ROI) leaderboard to share up to 200,000 USDT

  • Welcome Rewards: New futures users to share up to 200,000 USDT and 1 BNB.

Duration of the Tournament:

  • Early Bird Challenge Period: 2023-11-27 00:00 (UTC) to 2023-12-03 23:59 (UTC)

  • Trading Competition Period (i.e., Team Competition, Copy Trading Competition, Battle of the Bots): 2023-12-04 00:00 (UTC) to 2023-12-24 23:59 (UTC)

  • Welcome Rewards Period: 2023-11-27 00:00 (UTC) to 2023-12-24 23:59 (UTC)

How to Participate: 

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

  • Step 2: Register for the Tournament on the promotion page.

Dynamic Prize Pool (in USDT Token Vouchers):

The Tournament features a dynamic rewards pool of up to 2,000,000 USDT token vouchers across trading competitions and welcome rewards. The final prize will be determined by the total number of eligible participants*.

* An eligible participant refers to a user who has registered for the Futures Grand Tournament and has a total futures trading volume of at least 500 USDT equivalent in 2023.

No. of Eligible Participants

Team Competition Prize Pool (in USDT Token Vouchers)

Copy Trading Competition Prize Pool (in USDT Token Vouchers)

Battle of the Bots Prize Pool (in USDT Token Vouchers)

Welcome Rewards Prize Pool (in USDT Token Vouchers)

Min. 1,000

8,000

2,000

1,000

1,000

Min. 3,000

40,000

10,000

5,000

5,000

Min. 5,000

80,000

20,000

10,000

10,000

Min. 10,000

120,000

30,000

15,000

15,000

Min. 25,000

160,000

40,000

20,000

20,000

Min. 50,000

200,000

50,000

25,000

25,000

Min. 100,000

240,000

60,000

30,000

30,000

Min. 150,000

320,000

80,000

40,000

40,000

Min. 200,000

400,000

100,000

50,000

50,000

Min. 250,000

600,000

150,000

75,000

75,000

Min. 500,000

1,250,000

350,000

200,000

200,000

Maximum Prize Pool

(in USDT Token Vouchers)

2,000,000

Activity A: Early Bird Challenge - Complete Tasks to Share 35,000 USDT!

Early Bird Challenge Period: 2023-11-27 00:00 (UTC) to 2023-12-03 23:59 (UTC)

The Futures Grand Tournament comprises an Early Bird Challenge, where both new and existing users can confirm their participation and collect stars by completing tasks listed in the table below. Users can then claim exclusive rewards from a 35,000 USDT futures bonus voucher prize pool, on a first-come, first-served basis!

  • Reward Categories for the Early Bird Challenge

    • Earn a 1 USDT futures bonus voucher by collecting 5 stars.

    • Earn a 5 USDT futures bonus voucher by collecting 20 stars.  

    • Earn a 10 USDT futures bonus voucher by collecting 30 stars.

  • Newbie Tasks (One-Off)

Tasks

Stars

Open a Futures account for the first time

2

Fund the Futures Wallet for the first time

3

Trade Futures for the first time (Total trading volume during the Early Bird Challenge Period ≥ 100 USDT equivalent)

6

Complete a copy trade for the first time (Total initial copy amount during the Early Bird Challenge Period ≥ 100 USDT equivalent)

3

  • Regular Tasks (Daily)

Tasks

Stars

Achieve a daily futures trading volume of at least 1,000 USDT equivalent

2

Achieve a daily futures trading volume of at least 5,000 USDT equivalent

3

Refer three friends to join the Tournament

2

Refer ten friends to join the Tournament

3

Create a Futures Grid Trading Bot, and ensure that the Trading Bot generates a daily trading volume of over 0 USDT equivalent and a runtime of at least ten hours

6

Achieve a daily copy trading volume of at least 100 USDT equivalent

6

Please note:

  • A user is entitled to claim a maximum of one reward from each of the three reward categories, i.e., a maximum of 16 USDT futures bonus voucher from the Early Bird Challenge. 


  • The voucher rewards for the Early Bird Challenge must be claimed here before 2023-12-04 23:59 (UTC). 


  • All claimed vouchers will be distributed to eligible users at 2023-12-05 00:00 (UTC). Users will be able to redeem their voucher rewards via Profile > Rewards Hub.

Activity B: Team Competition - Move Up the Leaderboard as a Team & Share Up to 1,250,000 USDT!

Trading Competition Period: 2023-12-04 00:00 (UTC) to 2023-12-24 23:59 (UTC)

Create a team as the Team Leader or join a team after registering for the Tournament, and trade any COIN-M or USDⓈ-M contracts on Binance Futures during the Trading Competition Period to enter the team leaderboard. All participating teams will be ranked based on the sum of Team Daily PnL during the Trading Competition Period. The top 20 teams will share the prize pool that goes up to 1,250,000 USDT in token vouchers!

Please note:

  • Users may create a team for this Team Competition by submitting a Team Leader application via the promotion page, starting from 2023-11-27 00:00 (UTC). Each application may take several days to process, and Team Leaders can proceed to recruit team members once their application is approved. 

  • Team Daily PnL is calculated by adding up the daily PnL of the team’s top ten eligible members who obtain the highest daily PnL on Binance Futures. Team members who reach a daily futures trading volume of at least 20,000 USDT equivalent are considered eligible

  • If a team has less than ten team members who reach a daily futures trading volume of at least 20,000 USDT equivalent each, the daily PnL of all team members will be counted.

  • If more than one team has the same sum of Team Daily PnL during the Trading Competition Period, the team with a higher total futures trading volume during the Trading Competition Period will receive a higher ranking.

  • If more than one team member has the same PnL during the Trading Competition Period, the user with the higher total futures trading volume during the Trading Competition Period will be considered as a greater profit contributor.

The Team Competition Prize Pool will be distributed as follows:

  • Team Rewards:

Team Rankings Based on Sum of Team Daily PnL

Team Rewards

1st Place

20% of Team Competition Prize Pool unlocked

2nd Place

15% of Team Competition Prize Pool unlocked

3rd Place

10% of Team Competition Prize Pool unlocked

4th - 10th Places

An equal split of 35% of Team Competition Prize Pool unlocked

11th - 20th Places

An equal split of 20% of Team Competition Prize Pool unlocked

  • Rewards Distribution Within Each Team:

Role

Reward Distribution Within Each Team

Team Leader

30% of Team Reward

Top Ten Profit Contributors 

An equal split of 40% of Team Reward

All Remaining Eligible Team Members 

(i.e., each with a total futures trading volume of at least 10,000 USDT equivalent, and a profit of over zero during the Trading Competition Period)

An equal split of 30% of Team Reward

Activity C: Copy Trading Competition - Become a Lead Trader or Predict the Top Lead Trader of the Week to Share Up to 350,000 USDT!

Trading Competition Period: 2023-12-04 00:00 (UTC) to 2023-12-24 23:59 (UTC)

Register for the Tournament now, and create Copy Trading portfolios as a Lead Trader to participate! For each week of the Trading Competition Period, participating Lead Traders will be ranked based on their personal weekly PnL, and the top ten Lead Traders of the week will qualify to share 70% of a weekly prize pool, as per the table below. 

The remaining 30% of the weekly prize pool will be shared proportionally by users who vote and accurately predict the top 1 Lead Trader of the week, based on the number of votes each participant has casted. All eligible users who achieve a daily trading volume of at least 1,000 USDT equivalent on Futures or Copy Trading will earn daily voting eligibility. 

The total prize pool across the three weeks goes up to 350,000 USDT in token vouchers. 

Weekly Prizes for Top Ten Lead Traders

Lead Trader Rankings Based on Personal Weekly PnL*

Rewards

1st Place

25% of the Weekly Prize Pool unlocked

2nd Place

15% of the Weekly Prize Pool unlocked

3rd Place

10% of the Weekly Prize Pool unlocked

4th Place

6% of the Weekly Prize Pool unlocked

5th Place

4% of the Weekly Prize Pool unlocked

6th - 10th Places

An equal split of 10% of the Weekly Prize Pool unlocked

* Lead traders will be ranked by their personal weekly PnL. If two or more Lead Traders have obtained the same PnL, they will be further ranked by their weekly total futures trading volume.

Please note:

  • Voting eligibility will be distributed to users within 10 minutes after fulfilling the requirements mentioned above. Voting eligibility is reset daily, so users should cast their votes on the same day. 

  • Lead Traders’ PnL will be reset every Sunday at 23:59 (UTC). 

  • Weekly Prize Pool = One third of the unlocked Copy Trading Competition Prize Pool

Activity D: Battle of the Bots - Create a Futures Grid Trading Bot and Climb Up the ROI Leaderboard to Share Up to 200,000 USDT

Trading Competition Period: 2023-12-04 00:00 (UTC) to 2023-12-24 23:59 (UTC)

All users who confirm their participation and create a qualified Futures Grid Trading Bot during the Trading Competition Period will be ranked by the ROI of the Futures Grid Trading Bot during the Trading Competition Period. Users whose bots rank top 20 will then qualify to share a prize pool that goes up to 200,000 USDT in token vouchers.

The Futures Grid Trading Bot should meet the following requirements to qualify for Activity D:

  • Initial margin of the Futures Grid Trading Bot ≥ 100 USDT equivalent

  • Trading volume generated by the Futures Grid Trading Bot > 0 USDT equivalent

Rewards for Battle of the Bots :

Futures Grid Trading Bot Ranking by ROI During the Trading Competition Period* 

Rewards for the Corresponding Users**

1st Place

25% of the Battle of the Bots Prize Pool unlocked

2nd Place

15% of the Battle of the Bots Prize Pool unlocked

3rd Place

10% of the Battle of the Bots Prize Pool unlocked

4th - 20th Places

An equal split of 50% of the Battle of the Bots Prize Pool unlocked

* If two or more Futures Grid Trading Bots have obtained the same ROI during the Trading Competition Period, they will be further ranked by creation time. The Futures Grid Trading Bot created earlier will obtain a higher ranking in Activity D.

** A user may qualify for multiple rewards in Activity D if they have multiple Futures Grid Trading Bots ranking top 20.

Activity E: Welcome Rewards - Trade Futures for the First Time to Share Up to 200,000 USDT and 1 BNB!

Welcome Rewards Period: 2023-11-27 00:00 (UTC) to 2023-12-24 23:59 (UTC)

New futures users who confirm their participation and trade futures for the first time during the Welcome Rewards Period, will be eligible to equally share the Welcome Rewards Prize Pool of up to 200,000 USDT in token vouchers

On top of that, one winner will be selected among all eligible users based on the Award Selection Rules to receive 1 BNB in token voucher.

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 Grand Tournament is open to regular and VIP 1-6 users only. Eligible users must have their account verified​ and register for the Tournament 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.

  • Rewards Distribution:

    • All claimed vouchers for Activity A will be distributed to eligible users at 2023-12-05 00:00 (UTC). Users should claim their rewards by 2023-12-04 23:59 (UTC).

    • All voucher rewards for Activities B, C, D and E will be distributed within 30 days after 2023-12-24 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.

  • Each day runs from 00:00 (UTC) to 23:59 (UTC).

  • Each week runs from Monday at 00:00 (UTC) to Sunday at 23:59 (UTC).

  • 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 COIN-M or USDⓈ-M futures contracts will count as eligible trades in the Futures Grand Tournament.

  • 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.

  • 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.

  • 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.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

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 are subject to high market risk and price volatility. 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. 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 or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating 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. No partnership/affiliation between top-performing traders and Binance. In no way is performance or results guaranteed. Past performance is not a reliable indicator of his future performance. Content on our platform does not contain advice or recommendations. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.