Informational Notes
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What Is the Futures Daily Challenge?

2024-09-18 06:54

1. What is the Futures Daily Challenge?

Futures Daily Challenge allows participants to earn rewards upon completing specific tasks over a 8-day period. There are two challenges, Basic Trading Habits and Skill Expansion challenges, designed for different users.

2. Who is eligible to participate in the Futures Daily Challenge?

Only invited users will be able to join. Please note that users can only join one challenge at a time.

3. How long does the Futures Daily Challenge last?

The promotion period runs from 2024-09-19 (UTC) to 2024-10-18 (UTC). The Daily Challenge runs for 7 consecutive days from the day you activate it.

Each day, participants must complete the specified daily task to progress. All challenges must be completed by 2024-10-18 (UTC).

4. I completed the task, but the status is not updated on the promotion page. What should I do?

All task-related statuses will be updated the day after completion. Please check the promotion page again on the next day.

5. What rewards can I earn?

Participants will receive rewards on Day 4 and Day 8 upon successful completion of the preceding daily tasks.

Eligible users can claim rewards from 04:00 (UTC) on the reward day. All rewards will expire on 2024-10-18 (UTC). Please claim your rewards before this date.

6. What are the daily tasks in the Basic Trading Habits Challenge?

  • Day 1 - 3: Execute two USDⓈ-Margined or COIN-Margined Futures trades.
  • Day 4: Reward Day - claim a free position.
  • Day 5 - 7: Execute two USDⓈ-Margined or COIN-Margined Futures trades.
  • Day 8: Reward Day - claim a free position.

7. What are the daily tasks in the Skill Expansion Challenge?

  • Day 1: Execute two market orders on USDⓈ-Margined or COIN-Margined Futures.
  • Day 2: Execute two limit orders on USDⓈ-Margined or COIN-Margined Futures.
  • Day 3: Execute two USDⓈ-Margined or COIN-Margined Futures orders using TP/SL as part of the order setup.
  • Day 4: Reward Day - claim a free position.
  • Day 5: Achieve a daily trading volume of at least $100 in USDⓈ-Margined or COIN-Margined Futures.
  • Day 6: Trade two different Futures symbols in USDⓈ-Margined or COIN-Margined Futures.
  • Day 7: No loss day - Ensure there is no loss in your USDⓈ-Margined and COIN-Margined Futures accounts.
  • Day 8: Reward Day - Claim a $10 Trading Fee Rebate Voucher.

8. How to complete the tasks?

To complete each task, you must follow the specific instructions provided for that day and complete the task within a 00:00:00 (UTC) to 23:59:59 (UTC) each day.

The system will automatically track and verify your task completion. Please note that you must complete tasks for 8 consecutive days without skipping. If you miss a day, you can restart the challenge during the challenge period. If you’ve already claimed a reward before restarting, you won’t be able to claim the same reward again.

9. What can lead to disqualification from the challenge?

Reasons for disqualification may include, but are not limited to, any of the following: failing to complete the daily task within the specified timeframe, engaging in fraudulent or unfair practices and violating any of our Terms of Use or any of the terms and conditions of this promotion.

Terms and Conditions

  • Only verified users from eligible regions who click "Start" on the Daily Challenge page may qualify for rewards from the Futures Daily Challenge (“Eligible Users”).
  • This Promotion is only available to eligible users who are enabled for Binance Futures 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. Binance reserves the right to exclude any user from this promotion at any time
  • Joining any of the Futures Daily Challenges is subject to our Terms of Use and any other terms or directions we may provide in respect of this promotion.
  • All eligible 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 services in each country from which the services are accessed.
  • 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 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 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 at any time in its sole and absolute discretion, including, without limitation, for reasons of:
    • 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; and
    • Necessity to protect Binance from the loss of reputation.
  • 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.

Disclaimer: Digital asset prices can be volatile. 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. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.

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