Binance Launches Spot Trading Tournament with 300,000 USDC Prize Pool

Binance
Announces
Spot
Trading
Tournament

Binance,
a
leading
cryptocurrency
exchange,
has
announced
the
launch
of
a
new
spot
trading
tournament.
According
to
an
announcement
on
its

official
website,
the
tournament
is
open
to
all
users
who
will
have
the
chance
to
share
in
a
prize
pool
of
300,000
USDC
in
token
vouchers.

Tournament
Details

The
promotion
period
for
the
tournament
runs
from
May
20,
2024,
at
12:00
(UTC)
to
June
2,
2024,
at
23:59
(UTC).
To
qualify,
users
must
confirm
their
participation
on
the
tournament
page
and
achieve
at
least
$1,000
equivalent
on
each
eligible
spot
trading
pair
during
the
promotion
period.

Qualified
participants
will
be
ranked
based
on
their
points,
calculated
from
the
total
spot
trading
volume
on
all
eligible
spot
trading
pairs
during
the
promotion
period.
The
reward
structure
is
divided
into
base
and
bonus
rewards.
Each
token
has
a
cap
of
1,000
points
awarded
based
on
qualifying
trading
volume.
The
rewards
pool
can
increase
up
to
300,000
USDC
in
token
vouchers,
depending
on
the
total
number
of
qualified
participants
in
each
point
category
during
the
Promotion
Period.

Terms
and
Conditions

Users
must
be
verified
and
enabled
for
Binance
Spot
trading
to
participate
in
the
promotion.
The
promotion
may
not
be
available
or
may
be
restricted
in
certain
jurisdictions
or
regions,
or
to
certain
users,
depending
on
legal
and
regulatory
requirements.
Binance
reserves
the
right
to
modify
or
impose
additional
restrictions
without
prior
notification.

All
token
voucher
rewards
will
be
distributed
to
eligible
users
within
21
working
days
after
the
end
of
the
Promotion
Period.
Users
will
be
able
to
login
and
redeem
their
token
voucher
rewards
via
their
Profile
>
Rewards
Hub.
The
voucher
rewards
will
expire
within
two
weeks
after
distribution,
and
users
should
claim
their
vouchers
before
the
expiration
date.

Binance
reserves
the
right
to
disqualify
any
participants
who
are
acting
fraudulently
or
not
in
accordance
with
any
applicable
terms
and
conditions.
Binance
also
reserves
the
right
to
disqualify
trades
that
are
deemed
to
be
prohibited
trading
activities.

Image
source:
Shutterstock

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