Binance Futures Trading Carnival with 5,000,000 NOT Prize Pool
Binance Futures Exchange has announced the launch of a trading carnival that will give participants the opportunity to share in a total prize pool of 5,000,000 rather than token vouchers, Binance said. Carnival has three distinct promotions for new gift users, referrers, and anyone who meets specific transaction volume requirements.
Promotion period and content
The promotion period runs from June 5, 2024 (08:00 UTC) to June 12, 2024 (23:59 UTC). During this period, eligible users can participate in the following promotions:
- New gift users: New users who register for the promotion, trade futures for the first time, and reach a cumulative trading volume of at least 100 USDT will be eligible to receive NOT token vouchers on a first-come, first-served basis. A total of 1,500,000 NOT is allocated to this category.
- Recommender: Referrals who register for the promotion can earn up to 500 NOT token vouchers for each eligible referral who trades futures for the first time and reaches a cumulative trading volume worth at least 100 USDT. A total of 1,000,000 NOT will be distributed to recommenders on a first-come, first-served basis.
- For all users: Users who register for the promotion and achieve a cumulative USDⓈ-M futures trading volume of at least 1,000 USDT will be eligible to share 1,500,000 NOT token vouchers based on the cumulative ROI of their USDⓈ-M futures trading during the promotion period. Additionally, all trades in the NOTUSDT perpetual contract are subject to a 3x realized profit multiplier.
Terms of Use
To be eligible for the promotion, users must meet several conditions specified by Binance. Only verified users in eligible regions who register for the promotion during the specified period will be eligible to receive rewards. Users can receive rewards from all three promotions where applicable.
Token voucher rewards will be distributed within 14 business days after the end of the promotion. Eligible users can redeem rewards through the Rewards Hub. The validity period of the token voucher is set to 30 days from the date of distribution.
Binance reserves the right to disqualify participants who exhibit fraudulent behavior such as wash trading, bulk account registration, self-dealing, and market manipulation. The Platform also reserves the right to modify or change the Terms and Conditions due to regulatory changes, technical issues or other important reasons.
Additional information
Participants should be aware that futures trading involves high market risk and price volatility. Binance emphasizes the importance of understanding the risks involved and encourages users to make informed investment decisions. The Platform also emphasizes the need to comply with legal and regulatory requirements in the User’s respective jurisdiction.
For detailed information on terms and conditions, participants should refer to the official Binance announcement.
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