SEA Olympics: The SEA Trading Competition Is Back! Represent Your Country.
Hello Binancians,
Binance is very pleased to announce the comeback of SEA Trading Olympics: Represent Your Country. We come back with better and more flexible conditions and rewards for our Binancians. Binance will hold the SEA trading competition specifically for our Indonesian, Filipino, Vietnamese, and Thai users with the same competition structures. There will be two rounds of competitions.
For the first round, you will compete to be one of the top traders in your country. The top 25 traders for each country will get a reward, and 25 lucky winners will be selected at random and will each win a 20 USD in BNB.
You will qualify for the next round if you are a top-25 trader in your country and your ROI% is positive. You and your fellow top-25 traders in your country will form a team and compete against teams from other countries to be the top winner team in SEA. For participants that registered the form last time, will automatically join this competition.
Time or Duration:
Register
Registration will start from September 01, 2020 till before the first round competition ends. Register HERE
First Round
October 30, 2020, 00.00 AM (UTC) to November 11, 2020, 23.59 PM (UTC)
Second Round
November 16, 2020, 00.00 AM (UTC) to November 19, 2020, 23.59 PM (UTC)
Rules Details
Create your Binance Futures account
Register the form to participate in this competition HERE
Trade on Coin-Margined and USDT-margined contracts on Binance Futures during the competition period via the Web or application (Download Here) and get as much ROI% as possible.
ROI% from Coin-Margined Futures contracts will be multiplied by a coefficient of 1.5 when calculating final ROI% for the competition.
Trading ETH-USDT pair will be multiplied by a coefficient of 1.5 when calculating final ROI%
Participants must have a minimum cumulative volume of 50 USDT equivalent to be qualified for the next round and eligible for the rewards.
ROI% must be positive in order to be qualified for the next round and eligible for the rewards.
Reward Structure:
First Round
The Top 25 ranked traders of each county will be rewarded based on their ROI % during the competition period. Also, 25 lucky winners of each country will be selected at random and will each win a 20 USD in BNB
1st place : 1,000 USD in BNB
2nd place : 500 USD in BNB
3rd place : 250 USD in BNB
4th place : 100 USD in BNB
5th place : 50 USD in BNB
6th-25th place: 20 USD in BNB each
25 lucky draws : 20 USD in BNB each
Second Round
The Top 25 traders of each country will qualify to the next round. This round each of them will team up for their own county. We will count each team’s overall ROI% (sum of all individual ROI% within the team) and total USDT-Ⓜ and COIN-Ⓜ Futures trading volume traded on their Binance accounts during the competition period.
1st place : 2000 USD in BNB
2nd place : 1000 USD in BNB
3rd-4th place: 500 USD in BNB
Within each team, the distribution of the rewards will be as follows:
1st ranked within the team will receive 20% of their team’s total rewards.
2nd -10th ranked within the team USDT profit contributors in each team will equally split 40% of their team’s total reward.
All other team members will equally split 40% of their team’s total reward.
Please note that only team members with 1,000 USDT or more in futures trading volume during the competition period will receive a split of team reward.
Terms & Conditions
Individual ROI % Profit = [(Gains from Investment - Cost of Investment) / Cost of Investment] × 100%
Final ROI % profit for each team = Sum of all (25) individual ROI % profit results within the team.
Calculation of Returns for Team Rewards
To be eligible for this campaign, all participants need to register in this form : HERE
Participants must have a minimum cumulative volume of 50 USDT equivalent to be qualified for the next round and eligible for the rewards.
All participants registered in September will automatically join competition in the first round.
ROI% must be positive in order to be qualified for the next round and eligible for the rewards.
ROI% from Coin-Margined Futures contracts will be multiplied by a coefficient of 1.5 when calculating final ROI% for the competition.
Trading ETH-USDT pair will be multiplied by a coefficient of 1.5 when calculating final ROI%
Participants who are VIP after this event will receive VIP+1 and the extension of their VIP level for a month.
This promotion is eligible only for Indonesian, Philippines, Vietnamese and Thai users based on IP address.
Register a Binance account here if you have not. You can use HERE
Rewards distribution: BNB rewards for each competition will be distributed within 2 weeks after the end of each activity, and use the BNB/USDT price at the time of each distribution.
You will be able to login and see your rewards via the Distribution History page in the Account Center.
Total valid trading volume counts both buys and sells, excluding any wash trades.
Binance reserves the right to disqualify trades that are deemed to be wash trades, illegal bulk account registrations, 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.
Sub-accounts will not be counted as individual accounts in the team USDT profit activity, but can participate in the individual % ROI activity .
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.
UPDATE (as of November 20): FINAL RESULTS
