Disclaimer: Digital asset prices can be volatile. Do your own research. See full terms here and our risk warning here. Binance Futures products are restricted in certain countries and for certain users. This message is not intended for restricted users/countries.
Key points
Eligible users can participate in the Binance Futures Grand Tournament 2023 to share a prize pool of 1.8 million USDT.
As the number of participants increases, so does the prize pool, the maximum limit of which is 1.8 million US dollars (USDT).
The trading tournament will run from June 1 to June 21, 2023.
Join our Binance Futures Grand Tournament 2023 as a team or individually for a chance to win 1.8 million USDT from our prize pool.
We are happy to announce that 34,000 participants and 1,000 teams have already registered to participate in the Binance Futures Grand Tournament. If you didn't manage to join the referral challenge, now is your chance to take part in our team and individual competitions. Members also have access to welcome rewards and the Futures Bonus Center.
Mark these dates on your calendar
Registration for the tournament began on May 24.
The tournament will run from June 1 to June 21, 2023.
What are the Binance Futures Grand Tournament 2023 prizes?
Prizes are divided into three categories:
Individual bonus pool
Team bonus pool
Welcome bonus pool
The final amount of the prize pool will depend on the total number of eligible entrants. As the number of participants increases, so does the prize pool, the maximum limit of which is 1.8 million USDT.
How to participate in Binance Futures Grand Tournament 2023
You can take part in the tournament in different ways:
Team competition
Prize: Bonus Pool up to 1,200,000 USDT
During the 21-day team competition, we will rank teams based on the daily PNL (Profit and Loss) of the ten most successful eligible participants. The team prize pool will be distributed among the teams with the best results.
The three most successful teams will receive a combined 50% of the prize pool, while the other ten teams will split the remaining 50% equally. This ensures that rewards are distributed based on performance metrics while maintaining a balanced distribution between teams.
Individual competition
Prize: Bonus Pool up to 300,000 USDT
Individual competitions are held simultaneously with team competitions. Participants will compete against each other based on the indicator of daily return on investment (%). The three most successful participants will receive 50% of the daily bonus pool and the remaining 50% will be split equally between the other 20 most successful traders.
Welcome rewards
Prize: Bonus Pool up to 300,000 USDT and 1 BNB
New futures traders also have a chance to win an equal share of our bonus pool of 300,000 USDT and one lucky winner will be selected to receive a reward of 1 BNB. To be eligible for the welcome rewards, each participant must first execute a futures contract between May 24 and June 21, 2023 and successfully join the tournament.
Center of futures bonuses
Rewards of the Center of Futures Bonuses are distributed in turn. The first 10,000 new futures traders can get a 5 USDT futures trade voucher and the first 1,000 traders can buy a 10 USDT trading fee refund voucher for just 1 USDT.
Get ready for the start of the tournament
You can prepare for the Futures Grand Tournament by using our comprehensive checklist. Below you will find detailed information about each necessary step.
1. Join the world of futures: open a Binance Futures account
To participate in the tournament, please create a Binance Futures account if you do not already have one.
2. Start your journey: Go through the KYC verification process
All participants must undergo a KYC process. If you are not familiar with KYC ("Know Your Customer"), please see our articles "What is KYC" and "How to get KYC". Note that the KYC verification process usually takes a few days.
3. Enter the cyber arena: register now!
Once you meet the pre-requisites, you can register for the Futures Grand Tournament! This will allow you to compete for a prize pool of 1.8 million USDT in a variety of ways.
4. Choose your avatar: team or individual?
You can trade on your own, join a team or even create your own team. If you want to increase your rewards, consider entering both competitions to increase your chances of winning.
5. Newbies: Get Welcome Rewards and Unlock Future Bonuses!
New traders can further optimize their tournament experience. All new futures users can gain access to welcome rewards and the Futures Bonus Center by participating in the tournament.
6. Level up
The leaderboard with the rating will be updated daily at 9:00 a.m. (Kyiv time) as the competition progresses. Stay alert and adjust your strategies to climb the leaderboards.
We look forward to seeing you at the tournament!
Our Binance Futures Grand Tournament is your chance to win one of our largest prize pools. It doesn't matter whether you are a beginner, a solo participant or a team player, you have a great opportunity to test your trading skills.
Don't forget you need to register for the event, so join the Binance Futures Grand Tournament now!
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The Futures Grand Tournament is only available to users authorized to trade futures on Binance and may not be available or restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements. Users are responsible for familiarizing themselves with and complying with all restrictions and/or requirements for accessing and using any Binance Futures Trading Services offered or available through Binance in each country or region. Binance reserves the right to change, modify or impose additional restrictions on access to and use of the Binance Futures Trading Services offered from time to time in its sole discretion at any time without further notice. Binance reserves the right, at its sole discretion, to amend or modify this announcement or to cancel this announcement at any time and for any reason without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may fall as well as rise, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may incur. Futures trading in particular can be subject to high market risk and price volatility. Your entire margin balance can be liquidated if the price moves in the wrong direction you expected. Past performance is not a reliable indicator of future performance. Before trading, you should make an independent assessment of the suitability of the trade in light of your personal objectives and circumstances, including an assessment of the risks and potential benefits. If necessary, contact your own consultant. This information should not be considered investment or financial advice. To learn more about how to protect yourself, visit our resource page on responsible trading. For more information, see our Terms of Use and Risk Warning.