Binance Futures Trading Tournament - 100,000 USD in BNB to be Won!

Fellow Binancians,

Binance Futures will host both daily and weekly trading tournaments starting from 2020/01/03 0:00:00 AM (UTC) until 2020/01/16 23:59:59 (UTC) with a total prize pool of 100,000 USD in BNB tokens to be won.

Additionally, customize your leaderboard display name to your Twitter handle etc, and if you make it into the daily top 10 ROI we will give you a shout out!

Daily ROI Competition - 330 BNB to be Won Every Day!

Initial daily ROI competition period: 2020/01/03 0:00:00 AM (UTC) - 2020/01/03 23:59:59 (UTC). 

Daily ROI competitions will be held from 2020/01/03 - 2020/01/16. 

Daily leaderboard resets occur at 0:00:00 AM (UTC) 

All users with a minimum balance of 100 USDT prior to the start of a competition period will be ranked based on their cumulative daily USDT ROI across all perpetual futures contracts over the competition period. 

Reward Structure for Each Daily ROI Competition:

1st Place will receive 200 BNB

2nd Place will receive 40 BNB

3rd Place will receive 20 BNB

4th-10th: equally split a pool of 70 BNB

Weekly Profit Competition - 1,060 BNB to be Won Every Week!

Initial weekly profit competition period: 2020/01/03 0:00:00 AM - 2020/01/09 23:59:59 (UTC).

Weekly profit competitions will be held twice, from 2020/01/03 - 2020/01/16.

The weekly profit leaderboard will reset at the beginning of each profit competition starting period.

Users that trade on Binance Futures during the competition will be ranked on the weekly leaderboard. 

Reward Structure for each Weekly Profit Competition:

1st Place will receive 800 BNB

2nd Place will receive 80 BNB

3rd Place will receive 40 BNB

4th-10th: equally split a pool of 140 BNB

Terms & Conditions

• Reward Calculation:
  USDT Profit = Final Account Balance (including unrealized pnl) - Initial Account Balance (including unrealized pnl) + Withdrawals - Deposits - Referral bonuses.
  USDT ROI = USDT Profit / (Initial Account Balance + Time-Weighted Deposits)
  Time-Weighted Deposit = Deposit * (Competition time remaining in seconds) / 86,400
  Time remaining starts at 86,400 and reduces to 0. Deposits at the start of the competition receive full weight, after 12 hours have passed will receive 50% weight, after 23 hours have passed receive will be 1/24 weight and so on.
• All competition periods are held as per UTC time. 
  Example:
  Daily Competition 1 Period: 2020/01/03 0:00:00 AM - 2020/01/16 23:59:59 (UTC)
  Weekly Competition 1 Period: 2020/01/03 0:00:00 AM - 2020/01/16 23:59:59 (UTC)
• Leaderboard ranks and results of each competition will be updated every 4 hours starting at 0:00:00 AM (UTC) each day.
• Rewards distribution: BNB rewards for each competition are distributed within 48 hours of the end of that specific competition. You will be able to login and see your rewards via Account Center > Wallet > Distribution History.
• Binance reserves the right to disqualify trades that are deemed to be wash trades or illegal bulk registration account, self-dealing or display attributes of market manipulation, etc..
• Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.

Risk Warning: Futures trading is a highly risky endeavor, with the potential for both great profits and significant losses. Please be aware that in the event of extreme price movement, there is a chance that all margin balance in your futures wallet may be liquidated.

Thanks for your support!

Binance Team

2019/12/31

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