Disclaimer: Digital asset prices can be volatile. Do your own research. See full terms here and risk warning here. Binance Futures products are restricted in certain countries and for certain users. This content is not intended for users or countries where such restrictions apply.
Highlights
Eligible users can participate in the Grand Futures Tournament 2023 to win a share of the 1.8 million USDT prize pool.
The prize pool will grow as the number of participants increases and there will be a maximum limit of $1.8 million (in USDT).
The trading tournament competitions 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 a share of our 1.8 million USDT prize pool.
We are pleased to announce that the Binance Futures Grand Tournament has already registered 34,000 participants and 1,000 teams formed. If you were unable to join the Referral Challenge, you now have the opportunity to participate in our Team and Individual Competitions. Participants can also access Welcome Rewards and the Futures Bonus Center.
Write these dates on your calendar
Registration for the tournament began on May 24.
The tournament competitions will take place from June 1 to 21, 2023.
What are the prizes for the Binance Futures Grand Tournament 2023?
The awards are divided into three categories:
The Bonus Pool for Individuals
The Team Bonus Pool
The Welcome Bonus Pool
The total pool amount will vary based on the total number of qualifying participants. The prize pool will grow as the number of participants increases and there will be a maximum limit of $1.8 million (in USDT).
How to participate in the Binance Futures Grand Tournament 2023
You can participate in the tournament in several ways:
Team competition
Prize: Bonus Pool of up to 1,200,000 USDT
During the 21-day team competition, we will evaluate teams based on the daily PnL (wins and losses) of the top 10 eligible members. The team bonus pool will be distributed among the best performing teams.
The top 3 performing teams will collectively receive 50% of the pool, while the rest of the top 10 performing teams will equally share the other 50%. This ensures that rewards are allocated based on performance while maintaining a balanced distribution between teams.
Individual competition
Prize: Bonus Pool of up to 300,000 USDT
Our individual competition will take place at the same time as the team competition. Participants will compete against each other based on their daily Return on Investment (%). The top 3 performing individual traders will receive 50% of the daily bonus pool, while the remaining 50% will be divided equally between the rest of the top 20 performing traders.
Welcome Rewards
Prize: Bonus pool up to 300,000 USDT and 1 BNB
New Futures traders also have the opportunity to win a fair share of our 300,000 USDT bonus pool. Additionally, one lucky winner will be selected to receive a 1 BNB reward. To be eligible for Welcome Rewards, each participant must participate in Futures trading for the first time from May 24 to June 21, 2023 and successfully join the tournament.
Futures Bonus Center
The Futures Bonus Center operates on a first-come, first-served basis. The first 10,000 new futures traders can each claim a $5 USDT Futures trading commission discount coupon, while the first 1,000 traders can purchase $10 USDT futures trading commission discount coupons for just $1.
Get ready for the tournament
You can prepare to join the Grand Futures Tournament with our comprehensive tournament checklist. Below you will find detailed information about each necessary step.
1. Enter the realm of futures: Open a Binance Futures account
To participate in the tournament, create a Binance Futures account if you don't already have one.
2. Start your experience: Complete the KYC process
All participants are required to complete the identity verification (KYC) process. If you are not familiar with the KYC (Know Your Customer) process, check out our articles What is KYC and How to complete KYC. Please note that the KYC review process usually takes a few days to complete.
3. Enter the cyber arena: Register!
Once you have met the above requirements, you will be able to register for the Grand Futures Tournament. This will allow you to participate in the various ways to win a share of the 1.8 million USDT prize pool.
4. Choose your avatar: Team or solo?
Choose whether you want to operate individually, join a team, or even create your own team. If you want to increase your rewards, consider entering both competitions to maximize your chances of winning.
5. Newcomers: Claim Welcome Rewards and unlock Futures bonuses!
New traders can further optimize their tournament experience. All new Futures users can access Welcome Rewards and the Futures Bonus Center for participating in the tournament.
6. Level up
Rankings will be updated daily at 6am. m. (UTC) as the competition progresses, and will show updated rankings. Stay alert and wisely adapt your strategies as you climb the rankings.
We hope to see you at the tournament!
Our Binance Futures Tournament is your chance to win a share of one of our largest prize pools yet. No matter if you are a newcomer, individual or a team player, there is an opportunity for you to test your trading skills.
Don't forget that you will need to register for the event, so join the Grand Futures Tournament now!
Further reading
The definitive guide to trading on Binance Futures
Beginner's Guide to Futures Trading
How to manage risk and trade crypto futures responsibly
The Grand Futures Tournament is only available to users who are eligible to trade on Binance Futures and may be unavailable or restricted in certain jurisdictions or regions and for certain users depending on applicable legal and regulatory requirements. Users are responsible for informing themselves and knowing the restrictions or requirements imposed regarding the access and use of Binance Futures trading services in each country or region from which they are accessed. Binance reserves the right to change, modify or impose additional restrictions regarding the access and use of Binance Futures trading services from time to time in its sole discretion and at any time, without prior notice. Binance also reserves the right to amend, change or cancel this announcement at its sole discretion, at any time and for any reason, without prior notice.
Risk warning: Digital asset prices can be volatile. The value of your investment could increase or decrease, and you may not get back the amount invested. You alone are responsible for your investment decisions and Binance is not responsible for any losses you may incur. Futures trading, specifically, is subject to high market risk and price volatility. Your entire margin balance could be liquidated in the event of extreme market movements. Past performance does not guarantee future performance. Before trading, you should make an independent assessment of the suitability of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. If applicable, consult your advisors. This information should not be construed as financial or investment advice. For more information on how to protect yourself, visit our Responsible Trading page. Please read our Terms of Use and Risk Warning for details.