Binance Futures has launched Multi-Assets Mode, and the BUSD Cross Collateral feature will be discontinued from 2021-06-25 06:00 (UTC) and will stop accepting BUSD assets. We specially prepared $50,000 USDT USDâ-Margined cashback vouchers for users who transfer their BUSD cross collateral to Multi-Assets Mode.
Campaign period: 2021-06-25 00:00 AM to 2021-07-04 23:59 PM (UTC)
Promotion A: Complete Tasks to Get a $10 USDT USDâ-Margined Cashback Voucher
The first 2,000 users who use BUSD Cross Collateral feature before 2021-06-25 00:00 AM (UTC) can each get a $10 USDT USDâ-Margined cashback voucher by completing the below tasks.
- Close all BUSD Cross Collateral positions
- Return all the USDT borrowed
- Transfer no less than 1,000 BUSD to the USDâ-Margined wallet during the campaign period
Promotion B: Use BUSD as Collateral and Trade, Get a $15 USDT USDâ-Margined Cashback Voucher!
During the campaign period, the first 2000 users who transfer at least 3,000 BUSD to Binance Futures USDâ-Margined wallet with no less than 10,000 USDT trading volume (Both buys & sells) in USDâ-Margined contracts, will be eligible to each get a $15 USDT USDâ-Margined cashback voucher.
How to Activate Multi-Assets Mode:
Enter Trading Page > Settings > Preference > Asset Mode > Multi-Assets Mode
Terms & Conditions:
How to Activate Multi-Assets Mode:
Enter Trading Page > Settings > Preference > Asset Mode > Multi-Assets Mode
Terms & Conditions:
- How to use BUSD as USDâ-M Futures margin?
- Winners from Promotion B will not be eligible for winning rewards from promotion A.
- If users have BUSD cross collateral and did not close the position manually before 2021-07-09 06:00 AM (UTC), their positions will be auto-closed by our system and all the USDT borrowed will be returned at that time. We will charge zero liquidation fees during the process, but the system may sell more assets than if they were manually closed to ensure all Cross Collateral loans are cleared.
- Rewards will be distributed within 2 weeks after the campaign ends, users can redeem it via Account > Reward Center.
- All USDâ-Margined contracts (including BTCBUSD perpetual and ETHBUSD perpetual contracts) are eligible for this campaign.
- Each sub-account will not be viewed as an independent account when participating in this activity. Binance will combine the trading volume of the sub-account and master account in the final calculation. Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, self-dealing or display attributes of 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 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.