Binance Announces Ethereum Carnival with 30,000 USDT Prize Pool

Binance has announced a new promotional event titled 'Ethereum Carnival,' which aims to reward users with a total prize pool of 30,000 USDT in token vouchers. The promotion is set to run from July 19, 2024, to August 1, 2024, according to Binance.

Promotion Details

During the promotion period, participants can engage in futures trading of designated perpetual contracts such as ETHUSDT, ETHUSDC, and several others. The event is divided into three primary promotional activities aimed at both new and existing users.

New Futures Users

For new futures users, defined as those who have never traded Binance Futures before the promotion period, a reward pool of 10,000 USDT is set aside. To qualify, new users must register for the promotion, make their first futures trade on designated perpetual contracts, and reach a cumulative trading volume of at least 100 USDT. Rewards will be distributed on a first-come, first-served basis.

All Users

All users who register for the promotion and achieve a cumulative USDⓈ-M futures trading volume of at least 1,000 USDT during the promotion period will qualify to share another 10,000 USDT based on their cumulative return on investment (ROI) from trading the designated contracts.

General Participation

A third promotional activity allows regular and VIP 1-6 users to participate by reaching a cumulative trading volume of at least 1,000 USDT on USDⓈ-M futures. These users will share an additional 10,000 USDT in token vouchers based on their cumulative trading volume during the promotion period.

Terms and Conditions

• Only verified users from eligible regions who register for the promotion will qualify for rewards.
• Rewards will be distributed within 14 working days after the promotion ends and can be redeemed via the Rewards Hub on Binance.
• The token vouchers will be valid for 30 days from the day of distribution.
• These promotions are available only to users who are enabled for Binance Futures services, which may be restricted in certain jurisdictions.
• Binance reserves the right to disqualify participants showing signs of fraudulent behavior or tampering with the program code.
• Binance also reserves the right to amend the terms and conditions based on regulatory changes, technical issues, or to protect users and the company's reputation.

For more information, visit the official announcement on Binance.