Binance Launches Futures Mock Copy Trading Competition with 30,000 USDT in Rewards

Binance
Introduces
New
Trading
Competition

Binance
Futures
has
announced
a
new
competition
focused
on
Mock
Copy
Trading,
offering
participants
the
chance
to
share
a
total
of
30,000
USDT
in
token
voucher
rewards,
according
to

Binance.

The
competition,
which
runs
from
June
14,
2024,
to
June
27,
2024,
allows
users
to
explore
Futures
Copy
Trading
without
incurring
any
costs
or
risks.
Participants
must
register
for
the
promotion
and
create
at
least
one
new
mock
copy
trading
portfolio
to
qualify.
The
competition
will
rank
participants
based
on
the
total
Profit
and
Loss
(PnL)
of
their
top
10
positive-PnL
mock
copy
trading
portfolios
during
the
promotion
period.

Promotion
Details
and
Rewards
Structure

Eligible
users
can
share
20,000
USDT
in
token
vouchers
as
per
their
rankings.
Additionally,
new
Binance
Futures
Copy
Traders
who
open
at
least
one
copy
trading
portfolio
with
a
minimum
of
20
USDT
equivalent
during
the
promotion
period
will
be
ranked
based
on
the
average
number
of
daily
swipes
made
via
the ‘Discover’
feature
on
the
Binance
App.
The
top
2,000
participants
will
share
an
additional
10,000
USDT
in
token
vouchers.

The
rewards
distribution
will
follow
the
completion
of
the
promotion,
with
USDT
token
vouchers
being
distributed
within
14
working
days.
Users
can
redeem
their
rewards
via
the
Rewards
Hub
on
the
Binance
platform,
and
the
validity
period
for
vouchers
is
set
at
30
days
after
distribution.

Getting
Started
with
Futures
Mock
Copy
Trading

To
participate,
users
must
log
in
to
their
Binance
account
and
navigate
to
the
Futures
section,
where
they
can
select
and
copy
a
portfolio.
The
system
will
allocate
a
virtual
amount
of
10,000
USDT
to
each
Mock
Copy
Trading
portfolio.
The ‘Discover’
feature
on
the
Binance
App
allows
users
to
swipe
right
to
mark
a
portfolio
as
a
favorite
or
left
to
pass,
providing
detailed
metrics
to
help
inform
their
decision.

Terms
and
Conditions

Only
verified
users
from
eligible
regions
can
participate
in
the
promotion.
Participants
can
mock
up
to
10
and
copy
up
to
20
trading
portfolios
simultaneously.
The
total
PnL
in
Promotion
A
must
be
positive
for
participants
to
qualify
for
rankings
and
rewards.
Binance
reserves
the
right
to
disqualify
any
participants
showing
signs
of
fraudulent
behavior
and
to
amend
the
terms
and
conditions
as
necessary.

Participants
are
advised
to
familiarize
themselves
with
the
legal
and
regulatory
requirements
of
their
respective
regions,
as
the
promotion
may
be
restricted
or
unavailable
in
certain
jurisdictions.

Disclaimer

Binance
emphasizes
that
digital
asset
prices
are
subject
to
high
market
risk
and
price
volatility.
Participants
are
responsible
for
their
investment
decisions
and
should
consult
independent
financial
advisers
if
necessary.
Copy
trading
involves
a
high
level
of
risk,
including
the
possibility
of
following
inexperienced
or
unprofessional
traders.

Image
source:
Shutterstock