- Referral Challenge: Receive NFTs that multiply PNL points by referring users and by trading
- Team Competition: Teams compete for the best PNL performance
- Individual Competition: Individual tradersâ competition for the top ROI
- Broker Solo Competition: Participate by registering with our tournament broker partners
- Registration Period: 2021-11-27 00:00 to 2021-12-24 23:59 (UTC)
- Referral Challenge Period: 2021-11-27 00:00 to 2021-12-09 23:59 (UTC)
- Competition Period: 2021-12-10 00:00 to 2021-12-24 23:59 (UTC)
- Referral Challenge/ Team Competition/ Individual Competition:
- Ensure at least 100 BUSD balance in your USDâ-M Futures wallet or open Multi-Asset Mode;
- Participating Binance accounts have to be Verifiedâ. Please register here if you do not have a Binance Account;
- Broker Solo Competition:
- Submit your registration request to any of our twelve Tournament Broker Partners first and then trade at least 10,000 BUSD or equivalent in any Futures contracts.
#Participants | Team Prize Pool | Individual Prize Pool | Broker Prize Pool |
1,000 | $8,000 | $2,000 | $2,000 |
3,000 | $40,000 | $10,000 | $10,000 |
5,000 | $80,000 | $20,000 | $20,000 |
10,000 | $120,000 | $30,000 | $30,000 |
25,000 | $160,000 | $40,000 | $40,000 |
50,000 | $200,000 | $50,000 | $50,000 |
100,000 | $240,000 | $60,000 | $60,000 |
150,000 | $320,000 | $80,000 | $80,000 |
200,000 | $400,000 | $100,000 | $100,000 |
250,000 | $600,000 | $150,000 | $150,000 |
500,000 | $1,200,000 | $300,000 | $300,000 |
Maximum Prize Pool | 1,800,000 BUSD |
Referral Challenge Points | |
Refer 1 non-Binance User to the Tournament | 3 points |
Refer 1 existing Binance User to the Tournament | 2 points |
Trade each 10,000 BUSD on BUSD-M Futures | 1.5 points |
Trade each 10,000 BUSD on Non-BUSD-M Futures | 1 point |
- If your referral is new to Binance or their accounts are not yet verified, you will only receive Referral Challenge Points when their accounts are verified;
- Verification usually takes several days after necessary documents are submitted.
- Profit from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the individual Profit for the tournament;
- Profit from BUSD Futures contracts of NFT Holder will be multiplied by a coefficient of 3 when calculating the individual Profit for the tournament;
- An eligible user is a user whose daily trading volume >=$30,000;
- If less than 10 team members meet the above criterion, the daily PNL of all eligible members will be recorded.
Team Rank | Team Reward |
1st | 25% of Team Prize Pool |
2nd | 15% of Team Prize Pool |
3rd | 10% of Team Prize Pool |
4th-10th | An equal split of 50% of Team Prize Pool |
Role | Reward Distribution Within Each Team |
Team Leader | 40% of Team Reward |
Top 10 Profit Contributors | An equal split of 30% of Team Reward |
All Team Members (Trading Vol >$10,000, Profit >0) | An equal split of 30% of Team Reward |
- In addition to the prizes, winning Team Leaders may receive publicity exposure from Binance;
- There is no limit on the size of each team;
- Once your team is created, you will not be able to make any further changes unless itâs below 10 members after 2021-12-07 00:00 AM (UTC). You can raise a Customer Support request to disband your team after 2021-12-07 00:00 AM (UTC). After the team is disbanded, you and your members will be free to join other teams;
- You will be able to continue adding team members after the Competition Period starts;
- Use your team referral link to invite people to join your team and record them as your referrals; existing Binance Futures users who join your team without using your referral link will not be recorded as your referrals;
- After registration, the team leaders will be automatically added into the Team Chat Room. During the competition period, team leaders can use the Team Chat Room to review team performance and provide guidance on how to trade on Binance Futures;
- 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.
- Team Members can choose to join their favorite team from the Futures Grand Tournament landing page;
- Team Members will not be able to change teams after joining unless the team fails to reach 10 members and the Team Leader decides to disband the team;
- Team Members can join any team at any point during the competition period;
- Use your team referral link to invite people to join your team and record them as your referrals; existing Binance Futures users who join your team without using your referral link will not be recorded as your referrals;
- After registration, team members will be automatically added into the Team Chat Room.
- Each Individual Daily Prize Pool is one fifteenth of the Total Individual Prize Pool;
- Profit from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the daily ROI for each run;
- Profit from BUSD Futures contracts of NFT Holder will be multiplied by a coefficient of 3 when calculating the daily ROI for each run.
Individual Daily Rank | Individual Daily Reward |
1st | 25% of Individual Daily Prize Pool |
2nd | 15% of Individual Daily Prize Pool |
3rd | 10% of Individual Daily Prize Pool |
4th-20th | An equal split of 50% of Individual Daily Prize Pool |
- Each Broker Daily Prize Pool is one fifteenth of the Total Broker Prize Pool;
- Profit from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the daily ROI for each run.
Broker Participant Daily Rank | Broker Participant Daily Reward |
1st | 25% of Broker Daily Prize Pool |
2nd | 15% of Broker Daily Prize Pool |
3rd | 10% of Broker Daily Prize Pool |
4th-20th | An equal split of 50% of Broker Daily Prize Pool |
- All Binance users must have their account Verifiedâ before registering for the tournament. Please register here if you do not have a Binance Account;
- Sub-accounts will not be considered as individual participants. PNL and trading volume of sub-accounts will be combined with the master accountsâ standard PNL and trading volume in the final calculation;
- All Coin-M and USDâ-M trading pairs are included in this tournament;
- The effective trading volume counts both buys and sells, excluding any wash trades;
- The trading volume of non-BUSD margined contracts will be calculated in BUSD based on the daily exchange rate;
- Users can win multiple prizes as long as they meet the relevant terms and conditions;
- Each day refers to 00:00 AM to 00:00 AM on the next day (UTC);
- Leaderboard ranks and results will be updated each day at 03:00 AM (UTC);
- Binance reserves the right to mint an addition of 100 NFTs to reward community members;
- 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 this promotion, 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;
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
- NFT rewards will be distributed within 1 day after each Referral Challenge period. NFT winners will be able to find their rewards via NFT Marketplace > User Center > NFT Asset. NFT rewards withdrawal is not supported.
- Rewards for Team Competition/ Individual Competition/ Broker Solo Competition will be distributed within 14 days after the tournament. You will be able to log in and check your rewards via Account > Wallet > Transaction History > Distribution.
- Final BUSD Profit for each team = Sum of daily BUSD profit of daily top 10 eligible team members with trading volume > 30,000 BUSD and profit > 0;
- Individual Final BUSD Profit = â(USDâ-M Futures Asset 1 Profit * Daily close rate of Asset 1 against BUSD + COIN-â Futures Asset 2 Profit * Daily close rate of Asset 2 against BUSD + Total Deposits of Futures Account Assets in BUSD);
- Total Deposits of Futures Account Assets in BUSD = â(Total Deposits of Asset 1 in USDâ-M Futures * Daily close rate of Asset 1 against BUSD + Total Deposits of Asset 2 in COIN-M Futures * Daily close rate of Asset 2 against BUSD);
- USDâ-M Futures Asset 1 Profit = Final Account Balance of Asset 1 (including unrealized PNL) - Initial Account Balance of Asset 1 (including unrealized PNL) + Withdrawals of Asset 1 - Deposits of Asset 1 - Referral bonuses of Asset 1 - BNB commission * Daily close rate of BNB against Asset 1;
- Coin-M Futures Asset 2 Profit = Final Account Balance of Asset 2 (including unrealized PNL) - Initial Account Balance of Asset 2 (including unrealized PNL) + Withdrawals of Asset 2 - Deposits of Asset 2 - Referral bonuses of Asset 2 - BNB commission * Daily close rate of BNB against Asset 2.
- Individual Daily ROI = Individual daily BUSD profit / (100BUSD + USDâ-M Futures Initial Account Balance in BUSD + COIN-M Futures Initial Account Balance in BUSD)
- Individual BUSD profit = â(USDâ-M Futures Asset 1 Daily Profit * Daily close rate of Asset 1 against BUSD + COIN-â Futures Asset 2 Daily Profit * Daily close rate of Asset 2 against BUSDďź
- USDâ-M Futures Asset 1 Daily Profit = Account Balance of Asset 1 at end of the day (including unrealized PNL) - Account Balance of Asset 1 at beginning of the day (including unrealized PNL) + Withdrawals of Asset 1 - Deposits of Asset 1 - Referral bonuses of Asset 1 - BNB commission * Daily close rate of BNB against Asset 1
- COIN-M Futures Asset 2 Daily Profit = Account Balance of Asset 2 at end of day (including unrealized PNL) - Account Balance of Asset 2 at beginning of day (including unrealized PNL) + Withdrawals of Asset 2 - Deposits of Asset 2 - Referral bonuses of Asset 2 - BNB commission * Daily close rate of BNB against Asset 2