Binance Announces MENASA Promotions: Win 55,000 FDUSD in Rewards

Binance has announced a series of exclusive promotions for new Futures users in the MENASA region, offering a total of 55,000 FDUSD in rewards. According to Binance, the campaign is designed to help new users learn, practice, and earn rewards through multiple activities including a Futures quiz, a Mock Trading competition, a Copy Trading task, and a Futures trading competition.

Promotion Details

The promotion runs from September 27, 2024, at 06:00 (UTC) to October 11, 2024, at 06:00 (UTC). New Futures users who have never traded on Binance Futures before the start of the promotion period are eligible to participate. They can register for the promotion, read the provided learning materials, and take part in the Futures quiz. The first 1,000 users who complete the quiz and answer all questions correctly will share 5,000 FDUSD in token vouchers on a first-come, first-served basis.

Mock Trading Competition

Eligible new Futures users can also participate in a Mock Trading competition by creating at least one new mock trading portfolio. Participants will be ranked based on the total Profit and Loss (PnL) of their top 10 positive-PnL mock trading portfolios during the promotion period. Qualified participants will share 10,000 FDUSD in token vouchers.

Copy Trading Task

In the Copy Trading task, eligible users who create their first copy trading portfolio, successfully copy at least one trade, and reach a total investment amount of at least 100 USDT during the promotion period will stand a chance to share 15,000 FDUSD in token vouchers. The rewards are distributed under the Loss Protection Coverage, and the distribution will be based on a first-come, first-served basis.

Futures Trading Challenge

The Futures Trading Challenge invites eligible new Futures users to make their first Futures trade and achieve a cumulative Futures trading volume of at least 1,500 USDT or equivalent during the promotion period. Participants will be ranked by their total PnL, and qualified users will share 25,000 FDUSD in token vouchers.

Terms and Conditions

Only verified users from eligible MENASA regions who register on the promotion page during the promotion period may qualify for rewards. The promotions are available only to users enabled for Binance Futures and Binance Futures Copy Trading services and may be restricted in certain jurisdictions based on legal and regulatory requirements. Users are responsible for informing themselves about and observing any restrictions and/or requirements concerning the access to and use of Binance Futures and Copy Trading services in their respective countries.

FDUSD token voucher rewards will be distributed to eligible users within 14 working days after the promotions end. Users will be able to redeem their token voucher rewards via the Rewards Hub. The validity period for vouchers is set at 30 days after distribution.

Binance reserves the right to disqualify any participants showing signs of fraudulent behavior, including wash trading, bulk account registrations, self-dealing, and market manipulation. The company also reserves the right to amend or vary the terms and conditions due to changes in applicable regulations, legal obligations, technical issues, or the necessity to protect users and Binance from potential losses.