Binance has launched a Futures Grand Tournament with up to 1,800,000 BUSD tokens prize pool.
In order to provide a global stage for all cryptocurrency traders, Binance Futures is now opening a contract tournament with the theme of “Exploring Your Contract Universe”.
The prize pool is as high as 1,800,000 BUSD and 2,400 (12 unique designs) limited edition Constellation NFT!
Join the Futures Grand Tournament Here
The tournament comprises:
- Invitational Challenge:
- Invite users and trade to get NFT that can be added to the PNL points of the game.
- Team Competition:
- Thousand Regiments Battle, the highest PNL competition.
- Individual competition:
- Individual trading competition, competing for the highest rate of return.
- Broker Solo Tournament:
- Register to participate through tournament brokerage partners.
Go to Binance Official Website
Campaign Duration:
- Registration time
- 08:00 on November 27, 2021 to 07:59 on December 25, 2021 (East Eighth District Time)
- Invitational Challenge Time
- From 08:00 on November 27, 2021 to 07:59 on December 10, 2021 (East Eighth District Time)
- Competition time
- 08:00 on December 10, 2021 to 07:59 on December 25, 2021 (East Eighth District Time)
Registration requirements:
Invitational Challenge / Team Competition / Individual Competition:
U-standard contract wallet balance is not less than 100 BUSD, or multi-asset mode is activated.
Participating users must complete standard identity authentication.
If you do not have a Binance account, click here to register.
Broker Solo Tournament
Submit registration information to any of the twelve tournament brokerage partners and trade at least 10,000 BUSD equivalent contracts.
Dynamic total prize pool (BUSD):
The prize pool of each individual competition will change according to the total number of participants. The more participants, the higher the prize pool.
The prize pool can be up to 1.8 million BUSD.
| #Participants | Team Prize Pool | Individual Prize Pool | Broker Prize Pool |
|---|---|---|---|
| 1,000 | $8,000 | $2,000 | |
| 3,000 | $40,000 | $10,000 | $10,000 |
| 5,000 | $80,000 | $20,000 | $20,000 |
| 10,000 | $120,000 | $30,000 | $30,000 |
| 25,000 | $160,000 | $40,000 | $40,000 |
| 50,000 | $200,000 | $50,000 | $50,000 |
| 100,000 | $240,000 | $60,000 | $60,000 |
| 150,000 | $320,000 | $80,000 | $80,000 |
| 200,000 | $400,000 | $100,000 | $100,000 |
| 250,000 | $600,000 | $150,000 | $150,000 |
| 500,000 | $1,200,000 | $300,000 | $300,000 |
Maximum Prize Pool is 1,800,000 BUSD.
Join the Futures Grand Tournament Here
2. 400 Binance Futures Limited Edition Zodiac NFTs
Invitational Challenge: Win 2,400 Binance Contracts 12 Constellation Limited Edition NFT.
During the period from 08:00 on November 27, 2021 to 07:59 on December 10, 2021 (East Eighth District Time), users who register for the Team Tournament and/or Individual Challenge can earn “Invitation Challenge Points” according to the following rules “.
Users who accumulate 8 points a day will be eligible to participate in the daily challenge, and Binance will determine 200 winners, each of which will be awarded a Binance Contract Tournament Constellation Limited Edition NFT (total 12 days, 2,400 NFTs).
There is no upper limit to the total points per person per day.
During team competitions and individual challenges, when calculating tournament revenue/return rate, NFT holders’ BUSD contract profits will be settled by a factor of three.
Registration Challenge Points Accumulation Rules:
| Referral Challenge Points | |
|---|---|
| Refer 1 non-Binance User to the Tournament | 3 points |
| Refer 1 existing Binance User to the Tournament | 2 points |
| Trade each 10,000 BUSD on BUSD-M Futures | 1.5 points |
| Trade each 10,000 BUSD on Non-BUSD-M Futures | 1 point |
If your invitee is a new Binance user or fails the standard identity verification, you will get the corresponding invitation challenge points after their account is verified.
After submitting the relevant documents, standard identity verification usually takes several days to pass.
Go to Binance Official Website
Break Your Team Record to Share 1,200,000 BUSD!
Team Competition: Break the team record and share 1,200,000 BUSD.
During the competition, all teams that participate in any U-standard and currency-based contract transactions on the Binance Contract platform will be ranked according to the team’s daily PNL total.
The team daily PNL is the total amount of the top ten PNL of eligible team members each day. Please note.
When calculating the personal income, the income of the BUSD contract will be settled according to a factor of 2.
When calculating the personal income, the BUSD contract income of NFT holders will be settled according to a factor of 3.
The trading volume of eligible team members on the day is not less than 30,000 BUSD equivalent.
If less than 10 members of the team meet the above qualifications, the daily PNL of the team will be settled according to the actual qualified members PNL.
The team competition rewards will be distributed in the following way:
Team reward distribution:
| Team Rank | Team Reward |
|---|---|
| 1st | 25% of Team Prize Pool |
| 2nd | 15% of Team Prize Pool |
| 3rd | 10% of Team Prize Pool |
| 4th-10th | An equal split of 50% of Team Prize Pool |
Reward distribution within the team:
| Role | Reward Distribution Within Each Team |
|---|---|
| Team Leader | 40% of Team Reward |
| Top 10 Profit Contributors | An equal split of 30% of Team Reward |
| All Team Members (Trading Vol >$10,000, Profit >0) | An equal split of 30% of Team Reward |
In addition to the contract tournament bonus, the leader of the winning team has the opportunity to get publicity exposure from Binance;
There is no upper limit on the number of personnel in a single team.
After the team is successfully created, only teams with fewer than 10 people after 08:00 AM (East Eighth District Time) on December 07, 2021 can make changes.
The team leader can submit a request for team dissolution through Binance customer service after this time. When the team is disbanded, the team leader and team members can join other teams on their own.
After the competition starts, the team leader can still invite new team members.
Users invited through the team leader’s team recommendation link will be recorded as your recommended users; if existing Binance users have not joined your team through the activity recommendation link, they will not be recorded as your recommended users.
After the event registration, the team leader will automatically be added to the team communication room.
During the competition, the team leader can review the team performance through the team communication room and guide the team members to conduct Binance contract transactions.
The market analysis provided by the leader does not represent the official opinion of Binance, and Binance shall not be responsible for any transaction losses caused by this.
Team members can freely choose the team they want to join on the contract tournament event page.
After joining, unless the team is less than 10 people and the leader chooses to disband the team, the team cannot be changed;
Team members can join their favorite team during any period of the game.
Users invited through the member’s team recommendation link will be recorded as your recommended users; if existing Binance users have not joined your team through the activity recommendation link, they will not be recorded as your recommended users.
After registering for the event, the members will automatically be added to the team communication room.
Join the Futures Grand Tournament Here
Daily ROI Rewards to Be Won!
Individual Competition-Win the daily rate of return challenge bonus!
During the competition, all participants of the individual competition who participate in any U-standard and currency-based contract transactions on the Binance Contract platform and reach the equivalent of 10,000 BUSD daily transaction volume will be ranked according to their daily return rate.
Starting from 08:00 AM (East Eighth District Time) on December 10, 2021, one round of personal daily rate of return ranking (15 rounds in total) will be conducted every 24 hours. Please note:
The daily prize pool is one-fifteenth of the total prize pool of individual competitions;
When calculating the daily rate of return, the BUSD contract’s revenue will be settled according to a factor of 2;
When calculating the daily rate of return, the BUSD contract revenue of NFT holders will be settled according to a factor of 3.
Individual competition rewards will be distributed in the following ways:
Daily personal rate of return reward distribution:
| Individual Daily Rank | Individual Daily Reward |
|---|---|
| 1st | 25% of Individual Daily Prize Pool |
| 2nd | 15% of Individual Daily Prize Pool |
| 3rd | 10% of Individual Daily Prize Pool |
| 4th-20th | An equal split of 50% of Individual Daily Prize Pool |
Partner with Binance and Win!
Broker Solo Tournament-Win-win cooperation with Binance!
During the competition, participants who have submitted and registered successfully through any contract tournament brokerage partner, if they conduct any U-standard and currency-based contract transactions and reach the equivalent daily transaction volume of 10,000 BUSD, will be ranked according to their daily return rate.
Starting from 08:00 AM (East Eighth District Time) on December 10, 2021, one round of personal daily rate of return ranking (15 rounds in total) will be conducted every 24 hours.
Please note:
The daily prize pool is one-fifteenth of the total prize pool of the Broker Solo Tournament;
When calculating the daily rate of return, the BUSD contract’s revenue will be settled according to a factor of 2;
Rewards for the Broker Solo Tournament will be distributed as follows:
Daily broker Solo contest participant rate of return reward distribution:
| Broker Participant Daily Rank | Broker Participant Daily Reward |
|---|---|
| 1st | 25% of Broker Daily Prize Pool |
| 2nd | 15% of Broker Daily Prize Pool |
| 3rd | 10% of Broker Daily Prize Pool |
| 4th-20th | An equal split of 50% of Broker Daily Prize Pool |
Participating users must complete standard identity certification. If you do not have a Binance account, click here to register.
The sub-account is not used as an independent account to participate in group competition activities; the income and transaction volume of the sub-account are credited to the main account.
This contract tournament covers all U-based contracts and currency-based contract trading pairs.
The effective trading volume includes the total amount of buying and selling of the Binance contract, and does not include the account pairing volume.
The transaction volume of non-BUSD standard contract trading pairs will be converted into BUSD at the exchange rate of the day;
The same user can get one or more activity rewards.
Every day from 08:00 to 08:00 the next day (East Eighth District Time) is one round.
The ranking will be updated daily at 11:00 (East Eighth District Time).
Go to Binance Official Website
Reward distribution:
NFT rewards will be distributed in the form of airdrops within 1 day after the end of the daily invitational challenge. Winning users can go to “NFT Market> User Center> NFT Assets” to view; NFT rewards do not support withdrawal.
Group competition rewards and voting rewards will be distributed within 2 weeks after the event ends. Please go to Coin-based Contract Wallet> Distribution Record to view.
Team competition/individual competition/broker Solo competition rewards will be distributed within 14 days after the end of the contract tournament. Winners can log in to their accounts and view them via “Wallet> Transaction History> Distribution”.
Formula for calculating team revenue:
Team BUSD equivalent income = the sum of the total income of the top 10 eligible team members each day. Qualified team members’ daily transaction volume must be higher than 30,000 BUSD equivalent, and the income amount must be greater than 0.
Individual BUSD equivalent income = ∑ (U-standard asset i income * asset i’s closing exchange rate for BUSD on the day + currency-standard asset j income * asset j’s day’s closing exchange rate for BUSD + contract account recharge BUSD equivalent assets total).
Contract account recharge BUSD equivalent assets = ∑ (U standard asset 1 total recharge on the day * asset 1’s closing exchange rate for BUSD on the day + currency standard asset 2 recharge total on the day * asset 2’s closing exchange rate for BUSD on the day).
U standard asset i income = ending asset i account balance (including unrealized PNL)-beginning asset i account balance (including unrealized PNL) + asset i withdrawn during the competition-asset i recharged during the competition-asset i during the competition Commission income-BNB handling fee * BNB’s closing exchange rate for asset i on the day.
Currency-based asset j income = ending asset j account balance (including unrealized PNL)-beginning asset j account balance (including unrealized PNL) + asset j withdrawn during the competition-asset j recharged during the competition-asset j during the competition Commission income-BNB handling fee * BNB’s closing exchange rate for asset i on the day.
Individual/broker participant daily rate of return formula:
Personal daily return rate = personal BUSD equivalent daily income / (100 BUSD + U-standard contract account opening BUSD equivalent balance + currency standard contract account opening BUSD equivalent balance + contract account recharge BUSD assets).
Personal BUSD equivalent daily income = ∑ (U-standard asset i daily income * asset i’s closing exchange rate for BUSD on the day + currency-standard asset j daily income * asset j’s daily closing exchange rate for BUSD).
U standard asset i daily income = end of day asset i account balance (including unrealized PNL)-beginning of the day asset i account balance (including unrealized PNL) + current day’s asset i-current day’s recharged asset i-current day’s asset i’s commission income-BNB handling fee * BNB’s closing exchange rate for asset i on the day.
Currency-based asset j income = ending asset j account balance (including unrealized PNL)-beginning asset j account balance (including unrealized PNL) + asset j withdrawn during the competition-assets recharged during the competition j-assets during the competition Commission income of j-BNB handling fee * BNB’s closing exchange rate for asset i on the day.
Join the Futures Grand Tournament Here
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
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Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...