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Home»ADOPTION NEWS»Binance Launches Spot Trading Tournament with 300,000 USDC Prize Pool
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Binance Launches Spot Trading Tournament with 300,000 USDC Prize Pool

By Crypto FlexsMay 20, 20242 Mins Read
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Binance Launches Spot Trading Tournament with 300,000 USDC Prize Pool
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Binance Announces Spot Trading Tournament

Binance, a leading cryptocurrency exchange, announced the launch of a new spot trading tournament. As announced on the official website, the tournament is open to all users who can share in the prize pool of 300,000 USDC in token vouchers.

Tournament Details

The tournament promotion period runs from 12:00 UTC on May 20, 2024 to 23:59 UTC on June 2, 2024. To qualify, users must confirm their participation on the tournament page and achieve at least $1,000 equivalent in each eligible spot trading pair during the promotion period.

Eligible participants will be ranked based on points calculated from the total spot trading volume of all eligible spot trading pairs during the promotion period. The reward structure is divided into basic rewards and bonus rewards. Each token has up to 1,000 points awarded based on qualifying trading volume. Depending on the total number of eligible participants in each points category during the promotion period, the reward pool may increase up to 300,000 USDC in token vouchers.

Terms of Use

To participate in the promotion, users must verify and activate Binance Spot trading. Promotions may be unavailable or limited to certain jurisdictions or territories or to certain users due to legal and regulatory requirements. Binance reserves the right to modify or impose additional restrictions without prior notice.

All token voucher rewards will be distributed to eligible users within 21 business days of the end of the promotional period. Users can log in and redeem token voucher rewards through Profile > Rewards Hub. Voucher rewards expire within two weeks of distribution, and users must claim the voucher before the expiration date.

Binance reserves the right to disqualify any participant who engages in fraudulent activities or does not comply with the relevant terms and conditions. Binance also reserves the right to disqualify transactions that it deems prohibited trading activities.

Image source: Shutterstock

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