Binance Launches Futures Traders League with 7 Million USDT Prize Pool

Binance Futures has announced the launch of the Futures Traders League, a competitive event offering participants the chance to win a share of up to 7 million USDT in rewards, according to Binance. The event also includes exclusive Binance VIP merchandise for top performers.

Competition Structure

The Futures Traders League comprises three main components: Welcome Rewards, Solo Competition, and Team Competition. New Binance Futures users can participate in the Welcome Rewards, sharing a prize pool of up to 700,000 USDT. The Solo Competition offers a pool of up to 2.8 million USDT, while the Team Competition has a pool of up to 3.5 million USDT.

Event Timeline

The Welcome Rewards promotion runs from October 3 to November 6, 2024. The Solo Competition registration is open from October 3 to October 28, with the competition period from October 8 to October 28. The Team Competition registration starts on October 10 and ends on November 6, with the competition running from October 17 to November 6.

Participation Details

Eligible participants include regular and VIP 1-6 users, who must verify their accounts and register for the competitions on Binance's promotion pages. The Solo Competition ranks participants by their Return on Investment (ROI), while the Team Competition ranks teams based on their Profit and Loss (PnL) performance.

Exclusive Rewards

Top-performing VIP users in the Solo Competition can win Binance VIP Merchandise Gift Packs, which include luxury items like Open Run Pro Headphones and silver rings. If shipment is not possible, winners may receive $300 worth of BNB token vouchers instead.

Terms and Conditions

Binance reserves the right to modify or cancel the event at its discretion. Participants must comply with legal and regulatory requirements relevant to their location. Rewards are distributed within 30 days after the promotion ends, and unclaimed vouchers will expire after 30 days.

The Futures Traders League is part of Binance's ongoing efforts to engage its trading community with competitive and rewarding opportunities, while also enhancing user experience with innovative trading events.