James Ding
July 19, 2024 02:38
Binance Futures has announced a simulated copy trading competition with a prize pool of 30,000 USDT. Participants can participate from July 19 to August 1, 2024.
Binance Futures has announced the launch of a simulated copy trading competition, where qualified participants can share a total of 30,000 USDT in token voucher rewards. According to Binance, the competition will run from July 19, 2024 to August 1, 2024.
Competition Details
Participants can register for the promotion and create at least one mock copy portfolio to qualify. The competition will rank participants based on the profit and loss (PnL) of the top 10 positive PnL mock copy trading portfolios during the promotion period. The top participants will share 10,000 USDT in token vouchers.
Additionally, users who have created at least one copy portfolio and have a cumulative total investment of 100 USDT across all portfolios are also eligible. They will be ranked by the total PnL of the top 10 positive PnL copy trading portfolios, and the top participants will share an additional 15,000 USDT in token vouchers.
Compensation Structure
Users who register for the promotion and create two or more copy portfolios with a cumulative total investment amount of 100 USDT during the promotion period are eligible to share 5,000 USDT in token vouchers. Only copy portfolios that have initiated at least one trade will be counted.
How to participate
- Log in to your Binance account and go to (Futures) – (Replicate Trading).
- Select the portfolios you want to copy by filtering them based on metrics such as Return on Investment (ROI), Break-Even Point (PnL), and Maximum Drawdown (MDD).
- Click on (Mock Copy) and select (Start) and a virtual amount of 10,000 USDT will be credited to your mock copy trading portfolio.
Terms of Use
- Only verified users from eligible regions who registered during the Promotion Period are eligible to receive rewards.
- Participants can simulate up to 10 trading portfolios and copy up to 20 trading portfolios simultaneously.
- In Promotions A and B, the total PnL of the participants must be positive to be ranked.
- Rewards for different promotions are not mutually exclusive. Users may be eligible to receive multiple rewards, if applicable.
- USDT token vouchers will be distributed within 14 days after the promotion ends and will be valid for 30 days.
- The promotion is only available to users using Binance Futures Copy Trading services and may be restricted in some jurisdictions.
- Binance reserves the right to disqualify any participant who exhibits signs of fraud or program code tampering.
- Binance reserves the right to amend or change these Terms of Use based on various factors, including regulatory changes and technical issues.
Participants who would like to know more details, including how to redeem voucher rewards, can refer to the official Binance announcement.
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