Binance Futures Trading Tournament - Chance To Win $1,000,000
Binance Futures Trading Tournament is here again!
Following a successful tournament in January, the Binance Futures team announced that a new trading tournament is set to return in April, where traders can team up and share a dynamic prize pool that can grow to as much as USD 1,000,000 worth of BNB tokens.
The total prize pool will be determined by the total number of qualified participants. The more participants there are, the higher the total prize pool will be and is capped at a maximum of $1 million USD in BNB tokens.
The team-based tournament will be held over a period of 15 days from April 10th 0:00:00 AM (UTC) to 25th 0:00:00 AM (UTC), where traders also stand a chance to win daily rewards.
Similar to previous tournaments, all traders have the opportunity to win prizes every day through our Daily ROI competition. Binance Futures will give away a daily prize of USD 5,000 in BNB tokens to the top 10 traders of the day, which gives a total of USD 75,000 to be won in our ROI competition. All traders with a minimum balance of 10 USDT prior to the start of each day will be ranked based on their daily ROI.
The reward structure for each daily ROI competition is as follows:
With $5,000 worth of BNB up for grabs every day, this opportunity to generate additional income is not to be missed out!
Binance Futures Battle of Teams
The upcoming tournament is unique and different from previous ones. In this tournament, traders compete in teams rather than as individuals. In a team-based tournament, traders can share ideas and strategies on how to generate the most profit within the given timeframe.
Teams will be ranked based on their total profits in USDT, specifically, the sum of USDT profits of the top 10 individual contributors within the team. The rewards for each team ranked in the top 10 will be as follows:
Each team is led by a leader who is responsible for creating their own community groups and providing valuable market analysis and guidance on how to trade on Binance Futures. This plays an important role in the tournament as Binance Futures will reward a total of $51,000 in BNB tokens to the top 20 most popular team leaders. The rewards for the top 20 most popular team leaders will be as follows:
The total reward won by each team will be distributed accordingly between the team leader and its members. Here are more details on the distribution of rewards within each winning team:
If you are a registered Team Leader:
You will receive 30% of your team’s total final reward.
You are now a Binance Futures Affiliate! You earn 30% commission and your referrals get a 10% discount. For more information on our Binance Futures affiliate program, click here.
If you are a member of a team:
Ensure that you have a minimum of 10 USDT in your Binance Futures wallet before joining a team.
The top 10 individual USDT profit contributors in each team will equally split 20% of their team’s total reward.
All other team members will equally split 50% of their team’s total reward. Please note that only team members with 50,000 USDT or more in trading volume during the period will receive a split of team rewards.
This reward structure ensures that all members of a winning team receive their fair share of rewards. Therefore, even if you’re not one of the top 10 profit contributors of the team but have accumulated sufficient trading volume, you will still walk away with some rewards on hand.
During this tournament, traders will have full-access to Binance Futures’ extensive range of products, where they can trade with leverage up to 125x on BTC and 75x for altcoin contracts. Given the volatility today, traders will have ample opportunity to generate substantial profits.
As we did in previous tournaments, Binance Futures will support traders with our industry-leading platform and matching engine, which can manage up to 100,000 orders per second. The Binance Futures team will ensure that all participants enjoy a seamless trading experience.
Don’t miss your chance to grab a share of the daily rewards as well as the grand prize that could grow up to $1,000,000.
Mark your calendars. We’re excited to see what you’ve got!
For more information about the competition rules, click here.