#Tradersleague
Of course! Here is a simplified technical explanation of the $BTC Binance Traders League competition held by the Binance platform:
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🎯 What is Binance Traders League?
It is a trading competition on the Binance Futures or Spot platform (futures 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 can 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 a verified and KYC-compliant account.
Results from accounts showing abnormal activity will be canceled.
5. Examples from a current or previous edition:
💰 Prizes up to $50,000.
📆 Event duration typically: from one week to one month.
💡 Some teams feature influencers or well-known leaders in the market.
