Binance Futures Announces Trading Carnival with 5,000,000 NOT Prize Pool

Binance Futures Trading Carnival with 5,000,000 NOT Prize Pool

Binance Futures has announced the launch of a trading carnival that offers participants the chance to share a total prize pool of 5,000,000 NOT in token vouchers, according to Binance. The carnival features three distinct promotions catering to new futures users, referrers, and all users who meet specific trading volume requirements.

Promotion Period and Details

The promotion period runs from June 5, 2024 (08:00 UTC) to June 12, 2024 (23:59 UTC). During this time, eligible users can participate in the following promotions:

• New Futures Users: New users who register for the promotion, make their first futures trade, and reach a cumulative trading volume of at least 100 USDT equivalent will be eligible for NOT token vouchers on a first-come, first-served basis. A total of 1,500,000 NOT is allocated for this category.
• Referrers: Referrers who register for the promotion can earn up to 500 NOT in token vouchers for each qualified referral who makes their first futures trade and reaches a cumulative trading volume of at least 100 USDT equivalent. A total of 1,000,000 NOT will be distributed among referrers on a first-come, first-served basis.
• All Users: Users who register for the promotion and achieve a cumulative USDⓈ-M Futures trading volume of at least 1,000 USDT equivalent will be eligible to share 1,500,000 NOT in token vouchers based on their cumulative ROI of trading USDⓈ-M Futures during the promotion period. Additionally, a 3x realized profit multiplier will apply to all trades on the NOTUSDT perpetual contract.

Terms and Conditions

To qualify for the promotions, users must meet several conditions outlined by Binance. Only verified users from eligible regions who register for the promotion during the specified period will qualify for rewards. Users may qualify for rewards from all three promotions where applicable.

Token voucher rewards will be distributed within 14 working days after the promotion ends. Eligible users can redeem their rewards via the Rewards Hub. The validity period for the token vouchers is set at 30 days from the day of distribution.

Binance reserves the right to disqualify any participants exhibiting fraudulent behavior, such as wash trading, bulk account registrations, self-dealing, and market manipulation. The platform also retains the right to amend or vary the terms and conditions based on regulatory changes, technical issues, or other significant reasons.

Additional Information

Participants should be aware that futures trading carries high market risks and price volatility. Binance emphasizes the importance of understanding the risks involved and encourages users to make informed investment decisions. The platform also highlights the necessity of complying with legal and regulatory requirements in the users' respective jurisdictions.

For complete details on the terms and conditions, participants can refer to the official Binance announcement.