This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Futures is pleased to launch a Mock Copy Trading competition, where both Lead and Copy Traders will stand to share in a total prize pool of 30,000 USDT in token voucher rewards. Start Futures Copy Trading and try Mock Copy Trading without incurring any costs or risks!
Promotion Period: 2024-09-04 00:00 (UTC) to 2024-09-17 23:59 (UTC)
All eligible Copy Traders who register for the Promotion and create at least one mock copy portfolio will qualify to participate. Participants will be ranked by the total Profit and Loss (PnL) of their top 10 positive-PnL mock copy trading portfolios during the Promotion Period. The top 2,500 participants will qualify to share 15,000 USDT in token vouchers, as per the table below.
Note:
Only mock portfolios opened during the Promotion Period will be counted.
Only the highest mock PnL of each unique mock portfolio will be taken into account. Repeat mock copying of the same Lead Trader portfolio will be disregarded.
All eligible Lead Traders who register for the Promotion and achieve at least 1,000 USDT in trading volume of their lead portfolio will be qualified to participate. Each Lead Trader may only select one lead portfolio to compete in this Promotion.
Participants will be ranked by the total mock copy Profit and Loss (PnL) of their lead portfolio during the Promotion Period. The top 10 participants will be qualified to share 8,000 USDT in token vouchers, as per the table below.
Notes:
In most cases, lead portfolios with positive lead trading PnL will increase the chances of their Copy Traders’ mock portfolios to have a positive PnL.
Only mock portfolios opened during the Promotion Period and only one mock portfolio (the one with highest mock PnL) from each Copy Trader will be counted.
The first 1,400 new Copy Traders who register for the Promotion, create their first copy portfolio via the Discover tab, and has a cumulative total investment amount of at least 100 USDT during the Promotion Period will qualify to receive 5 USDT each on a first-come, first-served basis based on the opening time of their first copy portfolio.
Notes:
About Mock Copy Trading
Mock Copy Trading allows users to fully experience the different features available on Futures Copy Trading without opening any real positions. Users will each receive a virtual amount of funds worth 10,000 USDT per mock copy portfolio. Refer to this FAQ for more information.
How to Start Mock Copy Trading
Step 1: Log in to your Binance account and go to [Futures] - [Copy Trading].
Step 2: Choose a portfolio to copy. You may filter portfolios by their Return on Investment (ROI), PnL, Maximum Drawdown (MDD), etc.
Step 3: Click [Mock Copy]. After selecting [Start], the system will automatically allocate a virtual amount of funds (10,000 USDT) to your Mock Copy Trading portfolio.
How to Get Started with “Discover” on Copy Trading
Log into your Binance App, and navigate to [Futures] - [Copy Trading] - [Discover].
Swipe right to mock copy a portfolio, or swipe left to pass.
View the detailed portfolio metrics, such as 7D PnL/ROI, Lead Trader badges, portfolio descriptions, performance charts, etc.
Copy with the minimum amount, or enter your preferred copy amount to begin.
Terms and Conditions
Only verified users from eligible regions who click "Register Now" on the Promotion page during the Promotion Period may qualify for rewards from these Promotions.
Participants can mock up to 10 and copy up to 20 trading portfolios at the same time.
Participants’ total PnL in Promotion A and B must be positive to be qualified to enter into the rankings of the respective Promotions.
Rewards for Promotion A and Promotion B are mutually exclusive. However, winners for Promotion A or B can still win rewards for Promotion C.
Rewards Distribution:
USDT token voucher rewards will be distributed to eligible users within 14 working days after the Promotions end. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub.
The validity period for vouchers is set at 30 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem voucher rewards.
These Promotions are only available to users who are enabled for Binance Futures Copy Trading services, 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 Copy Trading services in each country from which the services are accessed.
Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately (e.g., wash trading, bulk account registrations, self dealing, market manipulation, and more).
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 determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, including but not limited to:
Changes in applicable regulations or policies;
Obligations arising out of law or decisions issued by common courts or public administration;
Anti-money laundering or combating financing terrorism rules;
Technical issues beyond our control;
Necessity to protect users from potential losses;
Necessity to protect Binance from the loss of reputation.
Additional promotion terms and conditions 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
2024-09-04
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. Trading by following and/or copying or replicating the trades of other traders involves a high level of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Past performance is not a reliable indicator of his/her future performance. Content on our platform does not contain advice or recommendations. This material should not be construed as financial advice. To learn more about how to protect yourself, visit our Responsible Trading page. Copy trading is restricted in certain countries and to certain users. This content is not intended for users/countries to which restrictions apply. For more information, see our Terms of Use and Risk Warning.
