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May 24, 2023

Binance Futures Grand Tournament Returns

By Chainwire

May 24, 2023 – Cape Town, South Africa


Prize pool of up to 1,800,000 USDT across team, individual and newcomer trading challenges.

Binance Futures, the largest crypto derivatives exchange, is bringing back its ‘Futures Grand Tournament’ just in time for the summer.

Traders from around the world are actively building their teams for the tournament, and the performance rankings of competing teams and individuals can be seen here.

Crypto traders can take their trading skill to the next level and be rewarded with a share of the dynamic prize pool of up to 1,800,000 USDT.

The prize pool is split as follows.

  • Up to 1,200,000 for the team competition
  • Up to 300,000 for the individual competition
  • Up to 300,000 in welcome prizes for new futures traders

This edition of the Futures Grand Tournament also introduces the Binance Futures Bonus Center, where participants can access exclusive packages on a first-come, first-served basis.

  • Ten thousand new futures traders can collect five USDT futures bonus vouchers each
  • First 1,000 tournament participants can buy 10 USDT futures cashback vouchers for just one USDT

The tournament will be held from May 24 to June 21, 2023, commencing with an eight-day referral challenge, allowing participants to accumulate points and obtain NFTs that can be used to multiply their points for the trading competition.

Participants then compete over three weeks for the best trading performance and prizes.

Activity A – referral challenge 1,400 Binance Futures Grand Tournament limited edition NFTs and 10,000 futures bonus vouchers to be won

Between May 24 to May 31, 2023, users who register for the Futures Grand Tournament can accumulate referral challenge points by completing different tasks each day.

The tasks include referring users to the tournament, opening futures or options accounts, completing options or futures grid trading strategy and sharing on social media.

Each day, 175 winners will receive a mystery NFT that will multiply their competition profit points and there are also daily futures bonus vouchers up for grabs.

Activity B – team competition – trade futures alongside your team to share 1,200,000 USDT

All teams trading COIN-M and USDS-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 calculated by adding up the PNL of the top 10 eligible users who accumulate the highest trading volume on Futures during the competition period.

Activity C – individual competition – daily ROI rewards to be won

All individual competition participants who meet the required minimum daily trading volume across COIN-M and USDS-M contracts on Binance Futures during the competition period will be ranked based on their daily ROI.

There are a total of 21 daily qualifying periods, starting on June 1, 2023. Each qualifying period will go on for 24 hours.

Activity D – welcome prizes for new participants

All new Futures traders participating in the tournament can share in the dedicated welcome prize pool. Additionally, one lucky winner will walk away with a special prize of one BNB.

At the end of the tournament, winners and the competition results will be announced on the tournament website.

Eligibility criteria

Users must complete account verification and open a Binance Futures account to participate.

To sign up and to view the full competition and eligibility rules, please visit the Futures Grand Tournament website here.

About Binance Futures

Binance Futures allows experienced users to trade crypto futures contracts with leverage.

Binance Futures’ NASDAQ level-matching engine processes orders easily with minimal latency average five milliseconds at 100,000 orders per second.

Learn more here.

Disclaimer

This campaign is only available to users who are eligible for Binance futures and/or options trading 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 services in each country from which the services are accessed.

Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of the Binance futures and/or options trading services from time to time in its sole discretion at any time without notification.

Binance further reserves the right in its sole discretion to amend or cancel this campaign at any time and for any reasons without prior notice.

Risk warning

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.

Past performance is not a reliable predictor of future performance. 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.

This material should not be construed as financial advice. For more information, see our terms of use and risk warning.

Contact

Riley Kim, Binance

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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