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Alongside the normal buying and selling competitors, Binance futures individuals can have interaction in a Copy Buying and selling Competitors and a Buying and selling Bots Competitors.
On Monday, September 27, Binance Futures, the main crypto derivatives alternate globally, has unveiled the extremely anticipated Binance Futures Grand Buying and selling Match. Boasting the biggest prize pool within the event’s historical past, individuals have the possibility to compete for as much as $2 million in USDT.
In an thrilling growth, this version of the event introduces new competitions aligned with Binance’s latest improvements. Alongside the normal buying and selling competitors, individuals can have interaction in a Copy Buying and selling Competitors and a Buying and selling Bots Competitors. This enlargement additional aligns with Binance’s dedication to providing numerous buying and selling experiences for its customers.
Moreover, the event kicks off at the moment and spans 4 weeks, concluding on 24 December 2023. To incentivize early participation, they’ve launched a week-long Early Fowl Problem, permitting individuals to finish duties and qualify for unique Binance Futures Bonus Vouchers.
The Competitors Part, lasting three weeks, options a number of classes, every with its devoted prize pool:
- Workforce Competitors: As much as $1,250,000 USDT
- Copy Buying and selling Competitors: As much as $350,000 USDT
- Buying and selling Bots Competitors: As much as $200,000 USDT
- Newcomers Welcome Rewards: As much as $200,000 USDT
Notably, the Binance Futures Grand Tournaments emphasize teamwork, fostering a spirit of pleasant competitors and collaboration throughout the crypto neighborhood. The dynamic nature of the prize pool is tied to participant numbers, with the objective of reaching the utmost complete prize pool of $2 million in USDT. Binance encourages lively participation from the neighborhood to raise the competitors to new heights.
Binance Futures to Reward Completely different Groups
The Binance Futures will consider and distribute rewards primarily based on workforce competitiveness, buying and selling competitors, buying and selling bots competitors, and so forth. Right here’s the breakdown as talked about under:
Workforce Competitors Rewards: Groups might be evaluated primarily based on their cumulative Workforce Each day PNL (Revenue and Loss) throughout the Competitors Interval. The Workforce Each day PNL is decided by aggregating the each day PNL of the highest 10 eligible customers inside a workforce who amass the very best PNL on Futures.
- 1st Place: 20% of Workforce Prize Pool
- 2nd Place: 15% of Workforce Prize Pool
- third Place: 10% of Workforce Prize Pool
- 4th-10th Place: Equal cut up of 35% of Workforce Prize Pool
- 11th-20th Place: Equal cut up of 20% of Workforce Prize Pool
Copy Buying and selling Competitors Rewards: The Copy Buying and selling Competitors introduces two segments: the Lead Merchants Competitors and Copy Merchants Voting. Lead Merchants’ portfolios are ranked by PNL on USDⓈ-Margined Futures, and the highest 10 compete for weekly rewards. Copy Merchants Voting entails customers voting for his or her most popular Lead Merchants.
- Lead Merchants Rating:
- 1st Place: 25% of the Weekly Prize Pool
- 2nd Place: 15% of the Weekly Prize Pool
- third Place: 10% of the Weekly Prize Pool
- 4th Place: 6% of the Weekly Prize Pool
- fifth Place: 4% of the Weekly Prize Pool
- Sixth-10th Place: Equal cut up of 10% of the Weekly Prize Pool
- Copy Merchants Voting (30% of Prize Pool):
- Customers with a each day buying and selling quantity of 1,000 USDT in Futures or Copy Buying and selling are eligible to vote.
- Voters share the prize pool proportionally primarily based on the variety of votes solid.
Buying and selling Bots Competitors Rewards: Individuals creating Futures Grids Buying and selling Bots may also have their bots showcased and ranked primarily based on the ROI of the created Buying and selling Bots.
- 1st Place: 25% of Prize Pool
- 2nd Place: 15% of Prize Pool
- third Place: 10% of Prize Pool
- 4th-20th Place: Equal cut up of 50% of Prize Pool
Welcome Reward: New customers on Binance Futures additionally stand an opportunity to share the Welcome Prize Pool of as much as $200,000 in USDT by merely buying and selling a minimal of 100 USDT in futures quantity throughout the Competitors Part. Moreover, one newcomer will obtain a particular reward of 1 BNB.
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