Binance Futures Announces Trading Carnival with 5,000,000 NOT Prize Pool
Binance
Futures
Trading
Carnival
with
5,000,000
NOT
Prize
Pool
Binance
Futures
has
announced
the
launch
of
a
trading
carnival
that
offers
participants
the
chance
to
share
a
total
prize
pool
of
5,000,000
NOT
in
token
vouchers,
according
to
Binance.
The
carnival
features
three
distinct
promotions
catering
to
new
futures
users,
referrers,
and
all
users
who
meet
specific
trading
volume
requirements.
Promotion
Period
and
Details
The
promotion
period
runs
from
June
5,
2024
(08:00
UTC)
to
June
12,
2024
(23:59
UTC).
During
this
time,
eligible
users
can
participate
in
the
following
promotions:
-
New
Futures
Users:
New
users
who
register
for
the
promotion,
make
their
first
futures
trade,
and
reach
a
cumulative
trading
volume
of
at
least
100
USDT
equivalent
will
be
eligible
for
NOT
token
vouchers
on
a
first-come,
first-served
basis.
A
total
of
1,500,000
NOT
is
allocated
for
this
category. -
Referrers:
Referrers
who
register
for
the
promotion
can
earn
up
to
500
NOT
in
token
vouchers
for
each
qualified
referral
who
makes
their
first
futures
trade
and
reaches
a
cumulative
trading
volume
of
at
least
100
USDT
equivalent.
A
total
of
1,000,000
NOT
will
be
distributed
among
referrers
on
a
first-come,
first-served
basis. -
All
Users:
Users
who
register
for
the
promotion
and
achieve
a
cumulative
USDⓈ-M
Futures
trading
volume
of
at
least
1,000
USDT
equivalent
will
be
eligible
to
share
1,500,000
NOT
in
token
vouchers
based
on
their
cumulative
ROI
of
trading
USDⓈ-M
Futures
during
the
promotion
period.
Additionally,
a
3x
realized
profit
multiplier
will
apply
to
all
trades
on
the
NOTUSDT
perpetual
contract.
Terms
and
Conditions
To
qualify
for
the
promotions,
users
must
meet
several
conditions
outlined
by
Binance.
Only
verified
users
from
eligible
regions
who
register
for
the
promotion
during
the
specified
period
will
qualify
for
rewards.
Users
may
qualify
for
rewards
from
all
three
promotions
where
applicable.
Token
voucher
rewards
will
be
distributed
within
14
working
days
after
the
promotion
ends.
Eligible
users
can
redeem
their
rewards
via
the
Rewards
Hub.
The
validity
period
for
the
token
vouchers
is
set
at
30
days
from
the
day
of
distribution.
Binance
reserves
the
right
to
disqualify
any
participants
exhibiting
fraudulent
behavior,
such
as
wash
trading,
bulk
account
registrations,
self-dealing,
and
market
manipulation.
The
platform
also
retains
the
right
to
amend
or
vary
the
terms
and
conditions
based
on
regulatory
changes,
technical
issues,
or
other
significant
reasons.
Additional
Information
Participants
should
be
aware
that
futures
trading
carries
high
market
risks
and
price
volatility.
Binance
emphasizes
the
importance
of
understanding
the
risks
involved
and
encourages
users
to
make
informed
investment
decisions.
The
platform
also
highlights
the
necessity
of
complying
with
legal
and
regulatory
requirements
in
the
users’
respective
jurisdictions.
For
complete
details
on
the
terms
and
conditions,
participants
can
refer
to
the
official
Binance
announcement.
Image
source:
Shutterstock
.
.
.
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