Binance Futures is launching a DeFi trading competition to their users. Join the trading competition, You will have a chance to win $20,000 USD in BNB Tokens prizes pool.
DeFi Trading Competition On Binance Futures – Tutorial
Competition Period: 2020/07/24 0:00 (UTC) – 2020/07/31 0:00 (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 DeFi Tokens To Win $10,000 USD In BNB
Users that complete $20,000 USDT or more trading volume in the perpetual or quarterly futures trading pairs below during the competition period will equally split $10,000 USD in BNB tokens.
Perpetual contracts: ETH/USDT, LINK/USDT, COMP/USDT, KNC/USDT, LEND/USDT, ZRX/USDT
Quarterly contracts: ETH/USD, LINK/USD
Note: Trading volume completed in the ETH/USD, LINK/USD Quarterly contracts will be multiplied by a coefficient of 2 when calculating the final trading volume for the activity.
Event 2: Guess The Best Or Worst Performing Trading Pairs To Split $10,000 USD In BNB
During the competition period, the following pairs will be ranked by total trading volume:
Perpetual contracts: COMP/USDT, KNC/USDT, LEND/USDT, ZRX/USDT
At the end of the competition period, the most traded contract by trading volume will be crowned as the Most Popular Trading Pair. The least traded contract by trading volume will be crowned as the Least Popular Trading Pair.
Users that successfully trade $10,000 USDT or more of the Most popular trading pair or the Least Popular Trading Pair during the promotion period will equally split a total prize pool of $10,000 USD in BNB tokens. Trading volume in either pair will count together towards the $10,000 USDT requirement.
Note: Total trading volume of each trading pair will be updated at around 4:00 AM(UTC) on the following day on this announcement page.
- The exchange rate between BNB and USDT will be based on the average BNB/USDT perpetual contract price during the competition.
- Rewards will be distributed within 2 weeks after the competition ends. You will be able to login and see your rewards via Distribution History > Wallet > Account Center
- Trading volume counts both buys and sells, excluding any wash trades.
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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