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Compete in Futures Traders League and Win a Share of up to 7,000,000 USDT in Rewards and Exclusive Binance VIP Swag!

Compete in Futures Traders League and Win a Share of up to 7,000,000 USDT in Rewards and Exclusive Binance VIP Swag!

2024-10-04 08:02

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Futures is launching a Futures Traders League! All eligible regular and VIP 1-6 users may participate and grab a share of up to 7,000,000 USDT in token voucher rewards and exclusive Binance VIP swag! The Futures Traders League includes Welcome Rewards, Solo Competition, and Team Competition. 

Join the Futures Traders League Now!

Activities in the Futures Traders League

  • Welcome Rewards: All new Binance Futures traders can equally share a prize pool of up to 700,000 USDT in token vouchers.

  • Solo Competition: Compete against other traders based on best Return on Investment (ROI) performance to share a prize pool of up to 2,800,000 USDT in token vouchers.

  • Team Competition: Compete as a team for best Profit and Loss (PnL) performance to share a prize pool of up to 3,500,000 USDT in token vouchers. 

Duration of the Futures Traders League:

  • Welcome Rewards Promotion Period: 2024-10-03 00:00 (UTC) to 2024-11-06 23:59 (UTC)

  • Solo Competition Registration Period: 2024-10-03 00:00 (UTC) to 2024-10-28 23:59 (UTC)

  • Solo Competition Promotion Period: 2024-10-08 00:00 (UTC) to 2024-10-28 23:59 (UTC)

  • Team Competition Registration Period: 2024-10-10 00:00 (UTC) to 2024-11-06 23:59 (UTC)

  • Team Competition Promotion Period: 2024-10-17 00:00 (UTC) to 2024-11-06 23:59 (UTC)

How to Participate: 

Activity A: Welcome Rewards

Promotion Period: 2024-10-03 00:00 (UTC) to 2024-11-06 23:59 (UTC)

New Binance Futures users* who confirm their participation on the Solo or Team Competition page and reach a total trading volume of at least 500 USDT during the Promotion Period, will be eligible to equally share the Welcome Rewards Prize Pool of up to 700,000 USDT in token vouchers

Note: New Binance Futures users are defined as users who have not traded on Binance Futures prior to 2024-10-03 00:00 (UTC).

Activity B: Solo Competition

Solo Competition Registration Period: 2024-10-03 00:00 (UTC) to 2024-10-28 23:59 (UTC)

Solo Competition Promotion Period: 2024-10-08 00:00 (UTC) to 2024-10-28 23:59 (UTC)

During the Solo Competition Promotion Period, users who confirm their participation on the Solo Competition page, and trade any COIN-M or USDⓈ-M contracts on Binance Futures will be eligible to participate. All participants will be ranked based on their ROI performance. Eligible traders with a total futures trading volume of at least 500 USDT equivalent during the Solo Competition Promotion Period can win a share of up to 2,800,000 USDT in token vouchers.

VIP 1-6 Users Exclusive Bonus

The top 20 eligible VIP 1-6 users who confirm their participation on the Solo Competition page with the highest ROI and have recorded more than $30,000,000 equivalent in trading volume on Binance Futures during the Solo Competition Promotion Period, will each receive a Binance VIP Merchandise Gift Pack*. Each Binance VIP Merchandise Gift Pack includes a pair of Open Run Pro Headphones, a silver ring, a duffle bag, a blanket, a cap and a pair of socks.

Note: *If for any reason Binance is unable to ship a Binance VIP Merchandise Gift Pack to you, we may at our sole discretion, provide you with $300 worth of BNB token vouchers instead.

Activity C: Team Competition

Team Competition Registration Period: 2024-10-10 00:00 (UTC) to 2024-11-06 23:59 (UTC)

Team Competition Promotion Period: 2024-10-17 00:00 (UTC) to 2024-11-06 23:59 (UTC)

Create a team as the Team Leader or join a team on the Team Competition page, and trade any COIN-M or USDⓈ-M contracts on Binance Futures during the Team Competition Promotion Period. All participating teams will be ranked based on the sum of Team Daily PnL. The top 50 teams can share a prize pool of up to 3,500,000 USDT in token vouchers.

Rewards Distribution Within Each Team:

Role

Reward Distribution Within Each Team

Team Leader

30% of the Team Reward

Eligible Top 20 Profit Contributors*(i.e., each with a total futures trading volume of at least 1,000 USDT equivalent during the Team Competition Promotion Period)

An equal split of 40% of the Team Reward

All Eligible Team Members** 

(i.e., each with a total futures trading volume of at least 1,000 USDT equivalent during the Team Competition Promotion Period)

An equal split of 30% of the Team Reward

Please note:

  • *Eligible Top 20 Profit Contributors are the team members, including the Team Leader, who have a total futures trading volume of at least 1,000 USDT equivalent and are ranked by profit during the Team Competition Promotion Period. If two or more team members have the same profit, they will be ranked by total futures trading volume during the Team Competition Promotion Period.

  • **Remaining Eligible Team Members are team members, which includes the Top 20 Profit Contributors but not the Team Leader, who achieve a total futures trading volume of at least 1,000 USDT during the Team Competition Promotion Period.

  • Users may create a team for this Team Competition by submitting a Team Leader application via the Team Competition page, starting from 2024-10-10 00:00 (UTC)

    • Each application may take up to 48 hours to process, and Team Leaders can proceed to recruit team members once their application is approved. The application status can be seen on the Team Competition Promotion page.

  • Team Daily PnL is calculated by adding the daily PnL of the team’s top 20 members who obtain the highest daily PnL (PNL must be greater than 0) on COIN-M or USDⓈ-M contracts. 

  • If a team has less than 20 team members with a positive PnL during the Promotion Period, the Team’s PnL will be calculated by summing up the PnL of the remaining team members whose PnL is greater than 0. 

  • If more than one team has the same sum of Team PnL, the team with a higher total futures trading volume during the Team Competition Promotion Period will receive a higher ranking.

  • If more than one team member has the same profit, the user with the higher total futures trading volume during the Team Competition Promotion Period will be considered a greater profit contributor.

Dynamic Prize Pool (in USDT Token Vouchers):

The Futures Traders League features a dynamic prize pool of up to 7,000,000 USDT in token vouchers across the Solo Competition, Team Competition and Welcome Rewards. The final prize pool will be determined by the total number of eligible participants* in the respective trading competitions.

Number of Eligible Participants*

Team Competition Prize Pool (in Token Vouchers)

Solo Competition Prize Pool (in Token Vouchers)

5,000

10,000 USDT

8,000 USDT

10,000

20,000 USDT

16,000 USDT

30,000

75,000 USDT

60,000 USDT

50,000

125,000 USDT

100,000 USDT

100,000

275,000 USDT

220,000 USDT

200,000

600,000 USDT

480,000 USDT

300,000

1,000,000 USDT

800,000 USDT

500,000

1,750,000 USDT

1,400,000 USDT

900,000

3,500,000 USDT

2,800,000 USDT

Please note:

  • An eligible participant* refers to a user who has registered for the Team Competition or Solo Competition and has a total futures trading volume of at least 500 USDT equivalent in 2024.

Dynamic Prize Pool for Welcome Rewards: 

The Welcome Rewards Prize Pool will be determined by the total number of eligible participants in the Team Competition.

Number of Eligible Participants in Team Competition

Welcome Rewards Prize Pool (in Token Vouchers)

5,000

2,000 USDT

10,000

4,000 USDT

30,000

15,000 USDT

50,000

25,000 USDT

100,000

55,000 USDT

200,000

120,000 USDT

300,000

200,000 USDT

500,000

350,000 USDT

900,000

700,000 USDT

Final Prize Pool

Team or Solo Competition Rankings 

Team Competition Prize Pool 

Solo Competition Prize Pool 

1st Place

25% of the Team Prize Pool

25% of the Solo Prize Pool

2nd Place

10% of the Team Prize Pool

10% of the Solo Prize Pool

3rd Place

8% of the Team Prize Pool

8% of the Solo Prize Pool

4th Place

6% of the Team Prize Pool

6% of the Solo Prize Pool

5th Place

3% of the Team Prize Pool

4% of the Solo Prize Pool

6th - 20th Places

An equal split of 28% of the Team Prize Pool

An equal split of 12% of the Solo Prize Pool

21st - 50th Places

An equal split of 20% of the Team Prize Pool

An equal split of 10% of the Solo Prize Pool

51st - 200th Places

N/A

An equal split of 10% of the Solo Prize Pool

All Remaining Eligible Participants

N/A

An equal split of 15% of the Solo Prize Pool(Participants with a total futures trading volume of at least 500 USDT equivalent during the Solo Competition Promotion Period)

Terms and Conditions:

  • All Promotions are only available to users who are eligible for Binance Futures trading and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements.

  • Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures trading services in each country/region from which the services are accessed.

  • Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of the Binance Futures trading services from time to time in its sole discretion at any time without notification.

  • The Futures Traders League is open to regular and VIP 1-6 users only. Eligible users must have their account verified​ and register for the Solo Competition or Team Competition on the Promotion pages to qualify for any rewards. Binance has the sole discretion to determine the user's eligibility. Register here if you do not have a Binance account yet.

  • Rewards are not mutually exclusive. Users may win multiple rewards as long as they meet the relevant terms and conditions.

  • The Expected Rewards shown on the Promotion page for the Team Competition is an estimated value. The Team PNL Ranking will be updated by 06:00 (UTC) daily, but updates may be earlier or delayed depending on the amount of data. Please base it on the actual update time of the day.

  • Each day runs from 00:00 (UTC) to 23:59 (UTC).

  • Notes for Team Leaders participating in Team Competition: 

    • There is no limit on the size of each team; 

    • Once the team is created, Team Leaders will not be able to disband the team or make any further changes; 

    • Team Leaders can continue adding team members after the competition starts; 

    • Team Leaders can use their team referral link to invite people to join their team and record them as their referrals. Binance Futures users who join a team without using the Team Leader’s team referral link will not count as their referrals; 

    • After registration, the Team Leaders will be automatically added to the Team Chat Room. During the Promotion Period, Team Leaders can use the Team Chat Room to review team performance.

  • Notes for All Team Members participating in Team Competition: 

    • Team Members can choose to join their favorite team from the Team Competition page; 

    • Team Members will not be able to change teams after joining a team; 

    • Team Members can use their team’s referral link to invite people to join their team and record them as their referrals; Binance Futures users who join their team without using the team referral link will not be recorded as their referrals; 

    • After registration, team members will be automatically added to the Team Chat Room.

  • USDT Token Voucher Rewards Distribution:

    • All USDT token voucher rewards for all activities will be distributed within 30 days after the Promotion Period ends on 2024-11-06 23:59 (UTC).

    • Users may log in and redeem their voucher rewards via Account > Rewards Hub

    • All voucher rewards will expire within 30 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem a Binance voucher.  

    • If a voucher is not claimed before its expiry, then it will be void and no replacement voucher nor other reward will be provided

  • VIP 1-6 Users Exclusive Bonus:

    • Binance VIP team will contact winners via the email address linked to their Binance accounts within 30 days after the Promotion ends. 

    • If the winner fails to reply within five (5) days of receiving the email, the reward will be forfeited. Winners should provide a valid shipping address, and will be responsible for any taxes, if applicable. 

    • If for any reason Binance is unable to deliver the Binance VIP Merchandise Gift Pack to the winner, we may at our sole discretion, provide the winner with $300 worth of BNB token vouchers within 30 days after the Promotion ends. For BNB token voucher, Binance will use the BNB/USD closing price on 2024-10-28 exchange rate for rewards distribution. Please note that the actual value of rewards received is subject to change due to market fluctuation.

  • 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.

  • Sub-accounts and portfolio margin accounts are not eligible to participate in the Futures Traders League.

  • Sub-accounts will not be considered as individual participants. PnL and trading volume of sub-accounts will be combined with the master accounts’ standard PnL and trading volume in the final calculation.

  • Trades on any USDⓈ-M contracts and COIN-M contracts on Binance Futures will count as eligible trades in the Futures Traders League.

  • The effective trading volume counts both buys and sells, excluding any wash trades.

  • Leaderboard ranks and results will be updated at approximately 06:00 (UTC) daily. Updates may be earlier or delayed depending on the amount of data. Please base it on the actual update time of the day.

  • Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

  • 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 these activities, 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.

  • All calculations and determinations in respect of any Promotion will be undertaken by Binance in its sole discretion.

  • Binance shall not be liable for any losses or damages users may incur as a result of their participation in the event and/or use of the services.

  • Additional Promotion terms and conditions apply and can be accessed here.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-10-04

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