Binance Futures Spring Tournament
- Paid out
- Payout 2021-04-08
Binance Futures is one of the fastest-growing crypto-derivative exchange by trading volume. To date, their proven matching engine is unparalleled; Binance claims that they have the most stable and fastest matching engine in the industry.
Binance Futures has started its Spring Tournament with over $1.650.000 USD in BNB tokens as prizes.
There are 3 different active promotions.
(Competition period: 2021/03/17 0:00:00 AM (UTC) - 2021/04/01 0:00:00 AM (UTC))
5.062,90 BNBAllocated Token
Step by step guide
Register on Binance Futures's Website
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Promotion A: Top 10 Team P&L Competition / Total Prize Pool of up to $1.550.000 in BNB
All teams trading Coin-margined and USD?-margined contracts on Binance Futures during the competition period will be ranked based on their total Team USDT Profit (total sum of all individual team members’ USDT Profit, whose profit > 0). Please note that USDT Profit from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the final USDT Profit for the tournament.
The total prize pool for the Team USDT Profit Tournament will be determined based on the total number of team members across all participating teams. The more participants there are, the higher the total prize pool will be. The maximum prize pool is $1.500.000 in BNB tokens.
- 1st ranked team will receive 30% of the prize pool
- 2nd ranked team will receive 20% of the prize pool
- 3rd ranked team will receive 10% of the prize pool
- 4th - 10th ranked teams will equal split 40% of the prize pool
Promotion B: Daily ROI Competition / Total Prize Pool of $75.000 in BNB
All users with a minimum total trading volume of $10,000 USDT across any Coin-margined and USD?-margined contracts will be ranked based on their daily ROI. There are a total of 15 qualifying periods, starting at 2021-03-17 at 0:00:00 (UTC), and each qualifying period will run for 24 hours. Please note that ROI from BUSD Futures contracts will be multiplied by a coefficient of 2 when calculating the daily ROI for each run.
- 1st: $1.000 in BNB
- 2nd: $500 in BNB
- 3rd: $300 in BNB
- 4th - 10th: Equally split a pool of $1.400 in BNB
- 11th - 50th: Equally split a pool of $1.800 in BNB
Promotion C: Prizes for Picking the Top 10 P&L Teams
Voting period: 03/02/2021 00:00:00 (UTC) - 03/25/2021 02:00:00 (UTC)
Binance has committed 20.000 BUSD tokens for the voting bonus pool, and all additional funds collected from the purchase of the voting tickets will be added to the voting bonus pool.
- Users who voted for the 1st ranked P&L team will receive 30% of the voting bonus pool in BUSD tokens
- Users who voted for the 2nd ranked P&L team will receive 20% of the voting bonus pool in BUSD tokens
- Users who voted for the 3rd ranked P&L team will receive 10% of the voting bonus pool in BUSD tokens
- Users who voted for the 4th - 10th ranked teams will equally split 40% of the voting bonus pool in BUSD tokens
The official announcement can be found here.
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