Binance Futures Grand Tournament: Compete for 1.8 Million USDT
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.
Binance Futures presents the Futures Grand Tournament 2023!
Main Takeaways
The theme for the Binance Futures Grand Tournament 2023 is ‘Welcome to the Futures Cyberworld’.
The tournament participants will get the chance to share a bonus pool worth up to 1.8 million USDT.
The tournament registration period will be open from May 24 to 31, and the competition will occur from June 1 to 21, 2023.
The Binance Futures Grand Tournament 2023 has three primary components: the Referral Challenge, followed by both Team and Individual Competitions.
The Binance Futures Grand Tournament is back and it's bigger than ever!
The theme for the Binance Futures Grand Tournament 2023 is ‘Welcome to the Futures Cyberworld’. The maximum bonus pool of the tournament is 1.8 million USDT and 1,400 limited edition NFTs. In this cyber world, whether you be a sage of all things crypto or a humble seeker of knowledge – Binance Futures extends a virtual invitation to exchange wisdom, kindle new friendships, and explore the NFT ecosystem of cyberspace.
Mark the Dates
Registration (May 24 - May 31): Users can register for the tournament and participate in the Referral Challenge to earn a share of 1,400 Limited Edition NFTs & 10,000 Futures Bonus Vouchers.
Competition (June 1 - June 21): The main competition will include Team Competition, Individual Competition, and Welcome Rewards.
Results: After June 21, the results will be released after the end of the competition period.
Prizes of Futures Grand Tournament 2023
The prize pool is divided into three main categories, and its size is determined by the number of participants. The total prize pool will depend on the number of participants who qualify. The more participants there are, the larger the pool will be, with a maximum cap of $1.8 million in USDT.
Participants |
Team Bonus Pool |
Individual Bonus Pool |
Welcome Bonus Pool |
1,000 |
$8,000 |
$2,000 |
$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 |
Grand Tournament Competitions
The contest consists of three primary elements: the Referral Challenge, Team Competition, and Individual Competition.
Referral Challenge
Prize: 1,400 NFTs and 10,000 USDT futures bonus vouchers
During the Referral Challenge phase, participants can earn points by completing various tasks.
These tasks include opening futures and options accounts, referring new users to participate in the tournament, executing options put/call orders, trading futures, sharing on social media, and creating futures grid trading strategies. Each action carries a specific number of points. For example, some of the actions that reward you with points include:
Opening a Futures account grants you 8 points.
Referring to a non-Binance user gets you 4 points.
Referring to an existing Binance user rewards 3 points.
Daily trading volume on futures is ≥ 5,000 USDT rewards you 2 points.
Note: Points will reset every day at 00:00 UTC, so you can keep earning points consistently!
Every day, users who accumulate at least 15 points will be ranked based on their points earned. The top 250 users will receive a 5 USDT Futures bonus voucher each. Additionally, 175 lucky participants who reach 8 points will be randomly selected based on the Challenge Rules to win an NFT Mystery Box.
There are 1400 limited-edition NFT mystery boxes that contain a secret NFT. These NFTs have varying levels of rarity and can only be found on Binance NFT. The NFTs from this tournament can help multiply the points you earn from Team and Individual Competitions.
Team Competition
Prize: Up to 1,200,000 USDT bonus pool
Following the successful collaboration from the last trading tournament, this year’s Futures Grand Tournament also allows traders to battle in groups.
Traders can form teams and pool their expertise, ideas, and strategies to maximize profitability within the given timeframe. During the competition period, teams that successfully establish themselves and trade on Binance Futures COIN-M and USDⓈ-M contracts will be ranked based on the total sum of the team’s daily PNL.
The team’s Daily PNL is calculated by adding up the PNL of the top 10 eligible team members who achieve a daily trading volume of at least 20,000 USDT.
The top 10 teams will receive rewards as outlined below:
Ranking |
Reward |
1st Place |
25% of Team Bonus Pool |
2nd Place |
15% of Team Bonus Pool |
3rd Place |
10% of Team Bonus Pool |
4th-10th Place |
An equal split of 50% of the Team Bonus Pool |
Each team is led by a dedicated leader who plays a pivotal role in their success. Team leaders create community groups, offer valuable market analysis, and guide their team members on trading strategies specific to Binance Futures.
Each winning team's total prize will be allocated between the team leader and its members. Below are further specifics on the distribution of rewards within each group:
Role |
Reward Distribution |
Team Leader |
40% of the Team Reward |
Top 10 Profit Contributors |
An equal split of 30% of the Team Reward |
All Team Members (Total Trading Vol >$10,000, Profit >0) |
An equal split of 30% of the Team Reward |
The allocation framework guarantees that every participant in a successful team obtains a fair share of the winnings. So even if you don't rank among the team's top 10 profit contributors, you can still secure rewards by achieving adequate trading volume.
Individual competition
Prize: Up to 300,000 USDT bonus pool
In addition to the team-based competitions, there's also an opportunity for individual traders to participate in the Futures Grand Tournament. The individual competition focuses on recognizing traders' daily Return on Investment (ROI) and their ability to achieve results.
To participate, traders must meet the eligibility criteria of maintaining a minimum daily trading volume of 10,000 USDT equivalent across COIN-M and USDⓈ-M contracts on Binance Futures during the 21 qualifying periods, each lasting 24 hours, starting on June 1.
Ranking |
Reward |
1st Place |
25% of the Individual Daily Bonus Pool |
2nd Place |
15% of the Individual Daily Bonus Pool |
3rd Place |
10% of the Individual Daily Bonus Pool |
4th-20th Place |
An equal split of 50% of the Individual Daily Bonus Pool |
Welcome rewards
Prize: Up to 300,000 USDT bonus pool and 1 BNB
All new users who engage in futures trading will have an equal chance to share the Welcome bonus pool. Additionally, among the eligible users, one lucky winner will be selected based on the Challenge Rules to receive a reward of 1 BNB.
To be eligible for the Welcome Rewards, you need to meet the following criteria:
Engage in Futures trading for the first time between 2023-05-24 00:00 and 2023-06-21 23:59 (UTC).
Successfully join the tournament to actively participate and compete for exciting rewards.
Futures Bonus Center
The Futures Grand Tournament 2023 also introduces the Futures Bonus Center, where participants can access a range of packages on a first-come, first-served basis:
The first 10,000 new futures traders can get their hands on a 5 USDT futures bonus voucher each.
The first 1,000 tournament participants can purchase 10 USDT futures cashback vouchers for the price of only 1 USDT.
Prepare to broaden your network, gain insights into futures trading, earn unique NFTs and substantial rewards, and set new trading milestones alongside your team!
Join the Futures Grand Tournament Now!
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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