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Binance Futures Launches 4/4 Double Date: Double Fun

Binance
2021-04-02 10:00
This April 4th, Binance Futures will host double mega rewards for its VIP 0 & VIP 1 users from 2021-04-04 00:00 AM to 2021-04-10 11:59 PM (UTC). The total prize pool includes 50,000 BUSD & VIP+1 upgrades.
Campaign Period: 2021-04-04 00:00 AM to 2021-04-10 11:59 PM (UTC).
Reward Structures are as follows:
Promotion A: VIP+1 upgrade for both VIP 0 & VIP 1 traders: Make first trade on any USDⓈ-M Delivery Contracts.
All VIP 0 & VIP 1 users who achieve a minimum total trading volume (including both buys and sells) of 1,000 USDT on any USDⓈ-M delivery contracts (excluding USDⓈ-M Perpetual Contracts) during the competition period will get a VIP+1 upgrade for 14 days. Eligible users need to trade the USDⓈ-M delivery contracts for the first time in the campaign period.
The first 20,000 users who complete the above tasks will get rewarded with a VIP+1 upgrade.
Promotion B: Top 1,000 Traders from VIP 0 & VIP 1 will share a 50,000 BUSD prize pool in a trading competition.
All VIP 0 & VIP 1 users must have a minimum trading volume of 4,000 USDT for any USDⓈ-M Perpetual Contracts and 4,000 USDT for any USDⓈ-M Delivery Contracts to qualify for the prize pool.
All eligible VIP 0 & 1 users will be ranked based on the total trading volume (including both buys and sells) on USDⓈ-M Delivery Contracts(BTC & ETH Quarterlies) during the campaign period. 1,000 winners will share $50,000 rewards in BUSD tokens.
USDⓈ-M Delivery Contracts includes:
  • BTCUSDT Quarterly 0625
  • ETHUSDT Quarterly 0625
(Visit the ranking page here.)
The reward structure for the trading volume competition is as follows:
User RankPrize Pool (BUSD)Rewards Distribution
Top 1-5 users:10,000Trading volume share % *
Top 6-20 users:10,000Trading volume share % **
Top 21-100 users:10,000Shared Equally
Top 101-1,000 users:20,000Shared Equally

Reward Calculation:

* The reward for each user in the top 5 = (Each user’s total effective trading volume / Top 5 users’ cumulative effective trading volume) * 10,000 BUSD.
** The reward for each user in the top 6-20 = (Each user’s total effective trading volume / Top 6-20 users’ cumulative effective trading volume) * 10,000 BUSD.
Terms & Conditions:
  • The campaign is applicable to VIP 0 & VIP 1 users only.
  • Both VIP+1 upgrade & Trading competition rewards will be distributed within 2 weeks after the competition ends. You will be able to log in and redeem your voucher via Account > Reward Center.
  • Users are eligible to win in both Promotion A & B.
  • VIP+1 upgrade will be distributed via vouchers where qualified winners need to redeem the vouchers within 7 days from the Reward Centre upon receiving the voucher code.
  • Trading volume counts both buys and sells, excluding any wash trades, across all ​​USDⓈ-M Delivery Contracts for Promotion A & B.
  • Sub-account trading volume will be combined with the master accounts standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
  • The participants' VIP levels will be locked at the start of the campaign (2021-04-04 00:00 AM UTC) to ensure they are still eligible for Promotion B (trading competition) if their VIP levels get changed during the campaign.
  • Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Risk Warning: Futures trading carries a 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 movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and at your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures.
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.
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