#TrumpBTCTreasury
Of course! Here is a simplified technical explanation of the $BTC Binance Traders League competition organized by the Binance platform:
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🎯 What is the Binance Traders League?
It is a trading competition on Binance Futures or Spot (contracts or spot trading), where traders compete either individually or in teams for cash prizes and global ranking.
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🛠️ Technical explanation of the competition:
1. Registration mechanism:
You enter through the official event page on the Binance platform.
You choose whether you are a Team Captain or Join a Team.
You must have an activated Binance account with futures or spot trading.
2. How is performance calculated?
The ranking is based on:
Type of trading Evaluation method
Futures Percentage of profits realized (PnL%)
Spot Trading volume during the event duration
3. Rewards:
Winners receive cash prizes in dollars (USDT) or tokens.
Additional rewards for successful team captains.
Sometimes NFTs or VIP benefits are offered.
4. General rules:
Cheating or opening multiple accounts is prohibited.
Trading must be done from an active and verified identity account (KYC).
Results from accounts that show abnormal activity will be canceled.
5. Examples from a current or previous edition:
💰 Prizes up to $50,000.
📆 Event duration often: from one week to one month.
💡 Some teams include influencers or well-known market leaders.
