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Binance Futures Launches Mock Copy Trading Competition with 30,000 USDT in Rewards - Blockchain.News

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

James Ding Jul 19, 2024 02:38

Binance Futures announces a Mock Copy Trading competition, offering 30,000 USDT in rewards. Participants can join from July 19 to August 1, 2024.

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

Binance Futures has announced the launch of a Mock Copy Trading competition, allowing eligible participants to share a total of 30,000 USDT in token voucher rewards. The competition will run from July 19, 2024, to August 1, 2024, according to Binance.

Competition Details

Participants can register for the promotion and create at least one mock copy portfolio to qualify. The competition will rank participants based on the Profit and Loss (PnL) of their top 10 positive-PnL mock copy trading portfolios during the promotion period. The top participants will share 10,000 USDT in token vouchers.

Additionally, users who create at least one copy portfolio and have a cumulative total investment of 100 USDT across all portfolios will also qualify. They will be ranked by their total PnL of their top 10 positive-PnL copy trading portfolios, with the top participants sharing an additional 15,000 USDT in token vouchers.

Rewards Structure

Users who register for the promotion and create two or more copy portfolios with a cumulative total investment amount of 100 USDT during the promotion period will qualify to share 5,000 USDT in token vouchers. Only copy portfolios that have opened at least one trade will be counted.

How to Participate

  • Log in to your Binance account and navigate to [Futures] - [Copy Trading].
  • Choose a portfolio to copy, filtering by metrics such as Return on Investment (ROI), PnL, and Maximum Drawdown (MDD).
  • Click [Mock Copy] and select [Start] to receive a virtual amount of 10,000 USDT to your Mock Copy Trading portfolio.

Terms and Conditions

  • Only verified users from eligible regions who register during the promotion period may qualify for rewards.
  • Participants can mock up to 10 and copy up to 20 trading portfolios simultaneously.
  • Participants’ total PnL in Promotion A and B must be positive to qualify for rankings.
  • Rewards for different promotions are not mutually exclusive; users can qualify for multiple rewards if applicable.
  • USDT token vouchers will be distributed within 14 working days after the promotion ends, with a validity period of 30 days.
  • Promotions are available only to users enabled for Binance Futures Copy Trading services and may be restricted in certain jurisdictions.
  • Binance reserves the right to disqualify participants showing signs of fraudulent behavior or tampering with program code.
  • Binance reserves the right to amend or vary these terms and conditions based on various factors, including regulatory changes and technical issues.

For more detailed information, including how to redeem voucher rewards, participants are advised to refer to the official Binance announcement.

Image source: Shutterstock