To celebrate the launch of Quarterly Futures contracts, Binance Futures is launching a BTCUSD trading competition to their users. Join the trading competition, You will have a chance to win $30,000 USD in BNB Tokens.
BTCUSD Trading Competition On Binance Futures – Tutorial
Competition Period: 2020/06/30 0:00:00 AM (UTC) to 2020/07/15 0:00:00 AM (UTC).
Register Binance Futures Account
Register Binance futures account by our link to receive a 10% Trading Fee discount within 30 days.
Event 1: Trade BTCUSD Quarterly Futures Contract To Win $30,000 In BNB Tokens
All users will be ranked based on their total trading volume (including buys and sells) across all BTCUSD quarterly futures contracts during the competition period. The prize structure is as follows:
- 1st place: Win $30,000 in BNB Tokens
- 2nd place: $20,000 in BNB Tokens
- 3rd place: $10,000 in BNB Tokens
- 4th-10th place: equally split $50,000 in BNB Tokens
Event 2: Daily Lucky Draw – Win $3,000 In BNB Tokens Each Day
All users with a minimum trading volume of 10 BTCUSD quarterly contracts ($1,000 in BTC) across each qualification period will be entered into a lucky draw to win $1,000 in BNB.
Qualification periods for the lucky draw will be from 0:00:00 AM (UTC) to 11:59:59 PM (UTC) on each day of the competition period, for a total of 15 qualification periods, the first of which will begin on 2020/06/30 at 0:00:00 AM (UTC).
- Qualification for the lucky draw of each period will be displayed on the activity landing page.
- 3 winners will be randomly drawn in each lucky draw period and will win $1,000 in BNB each.
- The winners of each lucky draw period will be displayed on the activity landing page at approximately 2:00 AM (UTC) the following day.
Also share the results of your lucky draw with the hashtag #BinanceQuarterlyFutures for a chance to win a $50 USDT of Binance Futures voucher. 10 winners will be announced on Twitter at the end of the competition period.
Event 3: BTCUSD Daily ROI Activities – Win $3,000 In BNB Tokens Each Day
All users with a minimum trading volume of 10 BTCUSD quarterly contracts ($1,000 in BTC) in each qualification period will be ranked based on their daily ROI. Qualification periods for the daily ROI competition will be from 0:00:00 AM (UTC) to 11:59:59 PM (UTC) each day of the competition period, for a total of 15 qualification periods, the first of which will begin on 2020/06/30 at 0:00:00 AM (UTC).
The reward structure for each of the 15 daily ROI competitions is as follows:
- 1st Place: Win $1,000 in BNB Tokens
- 2nd Place: $500 in BNB Tokens
- 3rd Place: $300 in BNB Tokens
- 4th – 10th Place: equally split a pool of $1,200 in BNB Tokens
- Leaderboard ranks and results of each daily competition will be updated each day at 0:00 AM (UTC).
- Binance Futures uses “contract” as a standardized size unit when describing a quarterly futures contract position size. 1 contract equals 100 USD in BTC.
- Binance will use the real price of BNB/USDT trading pairs during the competition period as the exchange rate between USD and BNB for prize distribution.
- Users can win prizes on multiple days as long as they follow each competition’s terms and conditions.
- Rewards distribution: BNB rewards for each competition will be distributed within 2 weeks after the end of each specific competition, and use the BNB/USDT price at the time of each distribution.
You can go to this Binance page to learn more information
Binance is a blockchain ecosystem comprised of several arms to serve the greater mission of blockchain advancement and the freedom of money. Binance Exchange is the leading global cryptocurrency exchange by trading volume, with users from over 180 countries and regions. The Binance ecosystem is also comprised of Binance Labs (venture capital arm and incubator), Binance DEX (decentralized exchange feature developed on top of its native, community-driven Binance Chain blockchain), Binance Launchpad (token sale platform), Binance Academy (educational portal), Binance Research (market analysis), Binance Charity Foundation (blockchain-powered donation platform and non-profit for aiding in sustainability), Binance X (developer-focused initiative) and Trust Wallet (its official multi-coin wallet and dApps browser).
Binance Futures is the fastest-growing crypto-derivative exchange by trading volume. Binance Futures currently offers the highest leverage of 125x margin among major crypto exchanges, making it one of the most competitive products in the market. This was made possible by their robust risk management system, which includes a sophisticated risk engine, smart liquidation model, and insurance funds that provide traders with extra protection for highly leveraged trading.
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