Binance Announces Futures Trading Carnival with 45 Million DOGS and NOT Tokens Up for Grabs
Ted Hisokawa Sep 03, 2024 03:01
Binance Futures Trading Carnival offers eligible users a chance to win from a prize pool of 40 million DOGS and 5 million NOT token vouchers.
Binance, one of the world's leading cryptocurrency exchanges, has announced a new promotional event, the Binance Futures Trading Carnival, offering participants the chance to win from a substantial prize pool of 40,000,000 DOGS and 5,000,000 NOT token vouchers, according to Binance.
Promotion Details
The event is set to run from September 3, 2024, to September 17, 2024, and features three distinct promotions. New futures users who register for the event and either make their first futures deposit or reach a cumulative futures trading volume of at least 100 USDT equivalent during the promotion period are eligible to receive DOGS and NOT token vouchers. A total of 12,000,000 DOGS and 1,800,000 NOT are reserved for new users, distributed on a first-come, first-served basis.
Eligibility Criteria
New futures users are defined as individuals who have never made a deposit or traded on Binance Futures before the promotion period. In addition to new users, regular and VIP users who register and achieve a cumulative USDⓈ-M Perpetual Futures trading volume of at least 1,000 USDT equivalent during the promotion period will also be eligible to participate. These users stand a chance to win a share of 23,000,000 DOGS and 2,700,000 NOT based on their cumulative trading volume.
Additional Rewards
Furthermore, all Binance users who complete specific tasks during the promotion period will be eligible for an additional pool of 5,000,000 DOGS and 500,000 NOT, distributed on a first-come, first-served basis. A 3x trading volume multiplier will be applied to all trades on the NOTUSDT and DOGSUSDT Perpetual Contracts in the calculations of users' cumulative USDⓈ-M futures trading volume.
Terms and Conditions
To qualify for these promotions, users must be verified and from eligible regions. Participants can engage in all three promotions, provided they meet the qualifying criteria for each. Rewards will be distributed as token vouchers within 14 working days after the promotion ends and must be redeemed within 30 days of distribution.
Binance reserves the right to disqualify participants who exhibit fraudulent behavior, such as wash trading or market manipulation. The exchange also retains the right to amend the terms and conditions of the promotion at any time to comply with regulatory changes or other significant factors.
This Futures Trading Carnival is part of Binance's ongoing efforts to engage its user base and provide opportunities for traders to benefit from their platform activities. As the cryptocurrency market continues to evolve, such promotions are becoming increasingly common as exchanges vie for user engagement and market share.
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