Binance Futures Announces 30,000 USDC Prize Pool in New Promotions

Binance
Futures
has
unveiled
three
new
promotions
aimed
at
rewarding
its
user
community,
with
a
total
prize
pool
of
30,000
USDC
in
token
vouchers.
The
promotions
are
set
to
run
from
August
16,
2024,
to
August
25,
2024,
according
to
Binance.

Promotion
Details

During
the
promotion
period,
new
Binance
Futures
users
who
register
and
make
their
first
futures
trade,
achieving
a
cumulative
trading
volume
of
at
least
100
USDC
equivalent,
will
be
eligible
for
loss
protection.
If
their
first
closed
position
results
in
a
loss,
they
will
receive
a
token
voucher
equal
to
the
realized
loss,
up
to
10
USDC.
A
total
of
10,000
USDC
is
allocated
for
this
promotion
on
a
first-come,
first-served
basis.

Eligibility
Criteria

New
users
are
defined
as
those
who
have
never
traded
Binance
Futures
before
the
promotion
period.
They
will
receive
a
USDC
token
voucher
only
if
their
first
closed
position
results
in
a
loss.
If
the
first
closed
position
is
profitable,
no
voucher
will
be
issued.

Additionally,
all
eligible
users
who
register
and
reach
a
cumulative
USDⓈ-M
Futures
trading
volume
of
at
least
1,000
USDC
equivalent
during
the
promotion
period
will
qualify
for
further
rewards.
Qualified
participants
can
share
in
10,000
USDC
in
token
vouchers
based
on
their
cumulative
return
on
investment
(ROI)
during
the
promotion
period.

Terms
and
Conditions

Participants
must
be
verified
users
from
eligible
regions
and
register
for
the
promotion
during
the
specified
period
to
qualify
for
rewards.
The
promotions
are
subject
to
various
terms
and
conditions,
including:

• Only
  verified
  users
  from
  eligible
  regions
  can
  participate.
• Users
  can
  participate
  in
  all
  three
  promotions
  if
  they
  meet
  the
  qualifying
  criteria.
• Rewards
  will
  be
  distributed
  within
  14
  working
  days
  after
  the
  promotion
  ends
  and
  must
  be
  claimed
  within
  30
  calendar
  days
  from
  distribution.
• Promotions
  are
  available
  only
  to
  users
  enabled
  for
  Binance
  Futures
  services
  and
  may
  be
  restricted
  in
  certain
  jurisdictions.

Binance
reserves
the
right
to
disqualify
participants
showing
signs
of
fraudulent
behavior
and
to
amend
or
cancel
the
promotions
at
any
time
without
prior
notice.

Additional
Information

Binance
has
also
highlighted
that
trading
volumes
on
FDUSD,
TUSD,
and
USDT
trading
pairs
will
not
count
toward
the
trading
volume
requirement
for
EEA
users
in
this
promotion.
Users
are
advised
to
consult
the
full
terms
and
conditions
available
on
Binance’s
official
promotion
page.

For
more
details,
visit
the
official
announcement
on

Binance.

Image
source:
Shutterstock