Buy Crypto
Pay with
Markets
NFT
New
Downloads
English
USD
Support Center
Announcement
Latest Activities

Futures Grand Tournament - $1.8M in Prizes Waiting to Be Discovered!

Binance
2021-11-23 06:26
To build a global stage for all crypto traders, Binance Futures is hosting a “Explore Your Future-verse” Futures Grand Tournament with up to 1,800,000 BUSD tokens prize pool and 2,400 Limited Editions (12 unique designs) Zodiac NFTs!
Join the Futures Grand Tournament Here
The tournament comprises:
  • Referral Challenge: Receive NFTs that multiply PNL points by referring users and by trading
  • Team Competition: Teams compete for the best PNL performance
  • Individual Competition: Individual traders’ competition for the top ROI
  • Broker Solo Competition: Participate by registering with our tournament broker partners
Campaign Duration:
  • Registration Period: 2021-11-27 00:00 to 2021-12-24 23:59 (UTC)
  • Referral Challenge Period: 2021-11-27 00:00 to 2021-12-09 23:59 (UTC)
  • Competition Period: 2021-12-10 00:00 to 2021-12-24 23:59 (UTC)
Registration Requirement:
  • Referral Challenge/ Team Competition/ Individual Competition:
    • Ensure at least 100 BUSD balance in your USDⓈ-M Futures wallet or open Multi-Asset Mode;
    • Participating Binance accounts have to be Verified​. Please register here if you do not have a Binance Account;
  • Broker Solo Competition:
    • Submit your registration request to any of our twelve Tournament Broker Partners first and then trade at least 10,000 BUSD or equivalent in any Futures contracts.
Dynamic Prize Pool Amount (in BUSD):
The total prize pool for each competition will be determined based on the total number of tournament participants across all competitions. The more participants there are, the higher the total prize pool will be. The maximum prize pool is 1,800,000 BUSD tokens.
#Participants
Team Prize Pool
Individual Prize Pool
Broker Prize Pool
1,000
$8,000
$2,000
$2,000
3,000
$40,000
$10,000
$10,000
5,000
$80,000
$20,000
$20,000
10,000
$120,000
$30,000
$30,000
25,000
$160,000
$40,000
$40,000
50,000
$200,000
$50,000
$50,000
100,000
$240,000
$60,000
$60,000
150,000
$320,000
$80,000
$80,000
200,000
$400,000
$100,000
$100,000
250,000
$600,000
$150,000
$150,000
500,000
$1,200,000
$300,000
$300,000
Maximum Prize Pool
1,800,000 BUSD
Mechanism A: Referral Challenge - 2,400 Binance Futures Limited Edition Zodiac NFTs (12 Unique Designs) to Be Won!
Between 2021-11-27 00:00 AM to 2021-12-09 11:59 PM (UTC), users who register for the Team Competition and/or Individual Competition can accumulate Referral Challenge Points according to the rules in the table below. Participants who accumulate 8 points per day qualify to enter a daily challenge, where 200 winners will be selected to each win a Binance Futures Grand Tournament Limited Edition Zodiac NFT each day (2,400 NFTs for 12 days in total). There is no limit to the points that each participant can accumulate every day.
During the Team Competition and Individual Competition, profit from BUSD Futures contracts of the NFT Holders will be multiplied by a coefficient of 3 when calculating the Profit/ ROI for the tournament.
Registration Challenge Points Accumulation Rules:
Referral Challenge Points
Refer 1 non-Binance User to the Tournament
3 points
Refer 1 existing Binance User to the Tournament
2 points
Trade each 10,000 BUSD on BUSD-M Futures
1.5 points
Trade each 10,000 BUSD on Non-BUSD-M Futures
1 point
Notes on referrals:
  • If your referral is new to Binance or their accounts are not yet verified, you will only receive Referral Challenge Points when their accounts are verified;
  • Verification usually takes several days after necessary documents are submitted.
Mechanism B.1: Team Competition - Break Your Team Record to Share 1,200,000 BUSD!
All teams trading Coin-M and USDⓈ-M contracts on Binance Futures during the competition period will be ranked based on their total sum of Team Daily PNL. Team Daily PNL is the sum of top 10 eligible team members’ PNL. Please note that:
  • Profit from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the individual Profit for the tournament;
  • Profit from BUSD Futures contracts of NFT Holder will be multiplied by a coefficient of 3 when calculating the individual Profit for the tournament;
  • An eligible user is a user whose daily trading volume >=$30,000;
  • If less than 10 team members meet the above criterion, the daily PNL of all eligible members will be recorded.
The Team Competition Rewards will be distributed as follows:
Team Competition Rewards:
Team RankTeam Reward
1st25% of Team Prize Pool
2nd15% of Team Prize Pool
3rd10% of Team Prize Pool
4th-10thAn equal split of 50% of Team Prize Pool
Rewards Distribution Within Each Team:
RoleReward Distribution Within Each Team
Team Leader40% of Team Reward
Top 10 Profit ContributorsAn equal split of 30% of Team Reward
All Team Members
(Trading Vol >$10,000, Profit >0)
An equal split of 30% of Team Reward
Notes for Team Leader:
  • In addition to the prizes, winning Team Leaders may receive publicity exposure from Binance;
  • There is no limit on the size of each team;
  • Once your team is created, you will not be able to make any further changes unless it’s below 10 members after 2021-12-07 00:00 AM (UTC). You can raise a Customer Support request to disband your team after 2021-12-07 00:00 AM (UTC). After the team is disbanded, you and your members will be free to join other teams;
  • You will be able to continue adding team members after the Competition Period starts;
  • Use your team referral link to invite people to join your team and record them as your referrals; existing Binance Futures users who join your team without using your referral link will not be recorded as your referrals;
  • After registration, the team leaders will be automatically added into the Team Chat Room. During the competition period, team leaders can use the Team Chat Room to review team performance and provide guidance on how to trade on Binance Futures;
  • 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.
Notes for Team Member:
  • Team Members can choose to join their favorite team from the Futures Grand Tournament landing page;
  • Team Members will not be able to change teams after joining unless the team fails to reach 10 members and the Team Leader decides to disband the team;
  • Team Members can join any team at any point during the competition period;
  • Use your team referral link to invite people to join your team and record them as your referrals; existing Binance Futures users who join your team without using your referral link will not be recorded as your referrals;
  • After registration, team members will be automatically added into the Team Chat Room.
Mechanism B.2: Individual Competition - Daily ROI Rewards to Be Won!
All Individual Competition participants with a minimum total trading volume of 10,000 BUSD across Coin-M and USDⓈ-M contracts on Binance Futures during the competition period will be ranked based on their daily ROI. There are a total of 15 qualifying periods, starting at 2021-12-10 00:00 (UTC), and each qualifying period will run for 24 hours. Please note that:
  • Each Individual Daily Prize Pool is one fifteenth of the Total Individual Prize Pool;
  • Profit from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the daily ROI for each run;
  • Profit from BUSD Futures contracts of NFT Holder will be multiplied by a coefficient of 3 when calculating the daily ROI for each run.
The Individual Competition Rewards will be distributed as follows:
Each Daily Individual Competition ROI Rewards:
Individual Daily RankIndividual Daily Reward
1st25% of Individual Daily Prize Pool
2nd15% of Individual Daily Prize Pool
3rd10% of Individual Daily Prize Pool
4th-20thAn equal split of 50% of Individual Daily Prize Pool
Mechanism B.3: Broker Solo Competition - Partner with Binance and Win!
All participants registered via any of the twelve Tournament Brokers with a minimum total trading volume of 10,000 BUSD across Coin-M and USDⓈ-M contracts on Binance Futures during the competition period will be ranked based on their daily ROI. There are a total of 15 qualifying periods, starting at 2021-12-10 00:00 (UTC), and each qualifying period will run for 24 hours. Please note that:
  • Each Broker Daily Prize Pool is one fifteenth of the Total Broker Prize Pool;
  • Profit from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the daily ROI for each run.
The Broker Solo Competition Rewards will be distributed as follows:
Each Daily Broker Solo Competition ROI Rewards:
Broker Participant Daily RankBroker Participant Daily Reward
1st25% of Broker Daily Prize Pool
2nd15% of Broker Daily Prize Pool
3rd10% of Broker Daily Prize Pool
4th-20thAn equal split of 50% of Broker Daily Prize Pool
Terms and Conditions:
  • All Binance users must have their account Verified​ before registering for the tournament. Please register here if you do not have a Binance Account;
  • 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;
  • All Coin-M and USDⓈ-M trading pairs are included in this tournament;
  • The effective trading volume counts both buys and sells, excluding any wash trades;
  • The trading volume of non-BUSD margined contracts will be calculated in BUSD based on the daily exchange rate;
  • Users can win multiple prizes as long as they meet the relevant terms and conditions;
  • Each day refers to 00:00 AM to 00:00 AM on the next day (UTC);
  • Leaderboard ranks and results will be updated each day at 03:00 AM (UTC);
  • Binance reserves the right to mint an addition of 100 NFTs to reward community members;
  • 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 this promotion, 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;
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Rewards distribution:
  • NFT rewards will be distributed within 1 day after each Referral Challenge period. NFT winners will be able to find their rewards via NFT Marketplace > User Center > NFT Asset. NFT rewards withdrawal is not supported.
  • Rewards for Team Competition/ Individual Competition/ Broker Solo Competition will be distributed within 14 days after the tournament. You will be able to log in and check your rewards via Account > Wallet > Transaction History > Distribution.
Team Profit Calculations:
  • Final BUSD Profit for each team = Sum of daily BUSD profit of daily top 10 eligible team members with trading volume > 30,000 BUSD and profit > 0;
  • Individual Final BUSD Profit = ∑(USDⓈ-M Futures Asset 1 Profit * Daily close rate of Asset 1 against BUSD + COIN-Ⓜ Futures Asset 2 Profit * Daily close rate of Asset 2 against BUSD + Total Deposits of Futures Account Assets in BUSD);
  • Total Deposits of Futures Account Assets in BUSD = ∑(Total Deposits of Asset 1 in USDⓈ-M Futures * Daily close rate of Asset 1 against BUSD + Total Deposits of Asset 2 in COIN-M Futures * Daily close rate of Asset 2 against BUSD);
  • USDⓈ-M Futures Asset 1 Profit = Final Account Balance of Asset 1 (including unrealized PNL) - Initial Account Balance of Asset 1 (including unrealized PNL) + Withdrawals of Asset 1 - Deposits of Asset 1 - Referral bonuses of Asset 1 - BNB commission * Daily close rate of BNB against Asset 1;
  • Coin-M Futures Asset 2 Profit = Final Account Balance of Asset 2 (including unrealized PNL) - Initial Account Balance of Asset 2 (including unrealized PNL) + Withdrawals of Asset 2 - Deposits of Asset 2 - Referral bonuses of Asset 2 - BNB commission * Daily close rate of BNB against Asset 2.
Individual/Broker Daily ROI Calculations:
  • Individual Daily ROI = Individual daily BUSD profit / (100BUSD + USDⓈ-M Futures Initial Account Balance in BUSD + COIN-M Futures Initial Account Balance in BUSD)
  • Individual BUSD profit = ∑(USDⓈ-M Futures Asset 1 Daily Profit * Daily close rate of Asset 1 against BUSD + COIN-Ⓜ Futures Asset 2 Daily Profit * Daily close rate of Asset 2 against BUSD)
  • USDⓈ-M Futures Asset 1 Daily Profit = Account Balance of Asset 1 at end of the day (including unrealized PNL) - Account Balance of Asset 1 at beginning of the day (including unrealized PNL) + Withdrawals of Asset 1 - Deposits of Asset 1 - Referral bonuses of Asset 1 - BNB commission * Daily close rate of BNB against Asset 1
  • COIN-M Futures Asset 2 Daily Profit = Account Balance of Asset 2 at end of day (including unrealized PNL) - Account Balance of Asset 2 at beginning of day (including unrealized PNL) + Withdrawals of Asset 2 - Deposits of Asset 2 - Referral bonuses of Asset 2 - BNB commission * Daily close rate of BNB against Asset 2
Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures. To learn more about how to protect yourself, visit our Responsible Trading resource page.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Related Articles
Complete Enterprise Verification & Open Futures Account to Win $1,000 USDT Cashback Voucher