Futures Grand Tournament 2023: Welcome to the Futures Cyberworld

2023-06-02

Disclaimer: Digital asset prices can be volatile. Do your own research. See full terms here and our risk warning here. Binance Futures products are restricted in certain countries and to certain users. This communication is not intended for users/countries to which restrictions apply.

Main Takeaways

  • Eligible users can participate in the Futures Grand Tournament 2023 to share a prize pool of 1.8 million USDT.

  • As the number of participants increases, the prize pool expands accordingly, with a maximum limit of $1.8 million (USDT).

  • The trading tournament competitions will run from June 1-21, 2023.

Join our Binance Futures Grand Tournament 2023 as a team or individual for a chance to win from our 1.8 million USDT prize pool.

We're pleased to announce that the Binance Futures Grand Tournament has already registered 34,000 participants, with 1000 teams taking part. If you couldn't join the Referral Challenge, you now have the opportunity to engage with our Team and Individual Competitions. Participants can also access Welcome Rewards and the Futures Bonus Center.

Mark These Dates on Your Calendar

  • Registration for the tournament started on May 24.

  • Tournament competitions will run from June 1 to 21, 2023.

What Are the Binance Futures Grand Tournament 2023 Prizes?

The prizes are divided into three categories: 

  1. The Individual Bonus Pool 

  2. The Team Bonus Pool

  3. The Welcome Bonus Pool 

The final prize pool amount will vary depending on the total number of qualifying participants. As the number of participants increases, the prize pool expands accordingly, with a maximum limit of $1.8 million of USDT.

How To Participate In the Binance Futures Grand Tournament 2023

You can participate in the tournament in a variety of ways:

The Team Competition

Prize: Up to 1,200,000 USDT bonus pool

During the 21-day team competition, we will evaluate teams based on the top ten eligible members' daily PNL (profit & loss). The team bonus pool will be distributed among the top-performing teams. 

The top three teams will collectively receive 50% of the pool, while the remaining top ten will equally share the other 50%. This ensures that the rewards are allocated based on performance while maintaining a balanced distribution among the teams.

The Individual Competition

Prize: Up to 300,000 USDT bonus pool

Our individual competition will take place at the same time as the team competition. Participants will compete against each other based on their daily Return on Investment (%). The top three individual traders will receive 50% of the daily bonus pool, while the remaining 50% will be split equally among the rest of the top 20.

Welcome rewards

Prize: Up to 300,000 USDT bonus pool and 1 BNB

New futures traders also have a chance to win an equal share of our 300,000 USDT bonus pool and one lucky winner will be selected to receive a reward of 1 BNB. To be eligible for the Welcome Rewards, each participant must engage in futures trading for the first time between May 24 and June 21, 2023, and successfully join the tournament.

Futures Bonus Center

The Futures Bonus Center operates on a first-come, first-served basis. The first 10,000 new futures traders can claim a 5 USDT futures Trading Fee Rebate Voucher each, while the first 1000 traders can acquire 10 USDT futures Trading Fee Rebate Vouchers for only 1 USDT.

Get Yourself Tournament Ready

You can prepare to join the Futures Grand Tournament with our comprehensive tournament checklist. Below, you will find detailed information on each step needed.

1. Enter the futures realm: Open a Binance Futures account

To participate in the tournament, create a Binance Futures account if you don't have one already.

2. Start your journey: Complete the KYC process

All participants are required to complete the identity verification process (KYC). If you're unfamiliar with KYC (Know Your Customer), refer to our What is KYC and How to KYC articles. Note that the KYC review process typically takes a few days to complete. 

3. Enter the cyber arena: Register now!

Once you've fulfilled the previous requirements, you can register for the Futures Grand Tournament! This will let you participate in the various ways to win from the 1.8 million USDT prize pool.

4. Choose your avatar: Team or Solo?

Choose whether to trade individually, join a team, or even create your own team. If you want to increase your rewards, consider participating in both competitions to maximize your chances of winning. 

5. Newcomers: Claim Welcome Rewards and unlock Futures Bonuses!

New traders can further optimize their tournament experience. All new futures users can access Welcome Rewards and the Futures Bonus Center by participating in the tournament.

6. Level up

The leaderboard will be refreshed daily at 6 AM (UTC) as the competition progresses, displaying the updated rankings. Stay alert and adapt your strategies wisely as you rise the leaderboard ladder.

We Look Forward to Seeing You in the Tournament!

Our Binance Futures Tournament is your chance to win from one of our largest prize pools yet. No matter if you’re a newcomer, individual, or teamplayer, there’s an opportunity for you to test your trading skills. 

Don’t forget you’ll need to register for the event, so join the Futures Grand Tournament Now!

Further Reading

The Futures Grand Tournament is only available to users who are eligible for Binance Futures trading and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements. Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures trading services in each country/region from which the services are accessed. Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of the Binance Futures trading services from time to time in its sole discretion at any time without notification. Binance further reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.

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