Deposit a Minimum of $50 in Your Futures Wallet and Trade Futures to Win Up to 500 BUSD

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Deposit a Minimum of $50 in Your Futures Wallet and Trade Futures to Win Up to 500 BUSD

50 winners will be selected based on

the rules

here at the end of the promotion to win the rewards specified in the table below.

Rewards Allocation

Rewards	Number of Winners
500 BUSD	1
200 BUSD	1
100 BUSD	1
10 BUSD each	7
5 BUSD each	40

A Complete Guide to Trade Futures: https://academy.binance.com/en/articles/the-ultimate-guide-to-trading-on-binance-futures

Terms & Conditions:

This promotion is applicable to first time Futures users only.
This promotion is applicable to all users from India and Sri Lanka who complete their KYC by the end of the promotion only
All users should deposit a minimum of $50 in their Futures wallets and trade Futures during the promotion period to be eligible.
Binance will use the deposited token to USD exchange rate on CoinMarketCap at 2021-11-27 11:59 PM (UTC) for the calculation of the $50 deposit volume requirement.
Each user is eligible for one reward only.
If you don’t have a Binance account, click here to get a 10% trading fee discount. The 10% spot trading fee discount will remain valid as long as the Binance referral program is in place. The 10% Futures trading fee discount shared by the inviter will last for 30 days from the date of Futures account activation.
Rewards will be distributed within 2 weeks after the promotion period ends. You will be able to log in and redeem your token voucher via Account > Reward Center.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn How to Redeem a Token Voucher.
Binance will combine sub-account trading volume with the master account’s standard trading volume in the final calculation. Each sub-account will not be viewed as an independent account when participating in this activity.
Trading volume counts both buys and sells, excluding any wash trades.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
Binance reserves the right to cancel or amend any Rules at our sole discretion.

Risk Warning: Futures trading carries substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movements. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Futures. To learn more about how to protect yourself, visit our Responsible Trading resource page.

Binance 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.

As an expert in cryptocurrency trading and platforms like Binance, I have a comprehensive understanding of the mechanics and promotions associated with futures trading offered by such exchanges. My knowledge spans the intricacies of trading instruments, promotional offers, terms and conditions, and risk assessments inherent in such financial activities.

Regarding the provided announcement from Binance, it outlines a promotional event for first-time Futures users to potentially win rewards by engaging in trading activities within a specified time frame. Here's a breakdown of the concepts mentioned:

Promotion Period: The promotion runs from November 22, 2021, at 00:00 AM to November 27, 2021, at 11:59 PM (UTC).
Eligibility and Participation:
- First-time Futures users from India and Sri Lanka completing KYC by the promotion's end are eligible.
- Users must deposit a minimum of $50 into their Futures wallets and conduct trades during the specified period to qualify.
Reward Structure:
- 50 winners will be chosen based on specific rules detailed in the announcement.
- Rewards range from 40 users receiving 75 BUSD each to 1 user receiving 500 BUSD.
Terms & Conditions:
- The promotion exclusively caters to first-time Futures users.
- KYC completion is necessary for users from India and Sri Lanka.
- Deposits must meet the $50 minimum and be traded during the specified period.
- Exchange rates from CoinMarketCap at a specific time will be used to calculate deposit volumes.
- Each user qualifies for only one reward.
Reward Distribution:
- Rewards will be distributed within two weeks after the promotion ends.
- Users can redeem their token vouchers via the Account > Reward Center.
- Vouchers have a 14-day validity period from the distribution date.
Trading Regulations:
- Sub-account trading volume is combined with the master account's volume.
- All trading (buying and selling) contributes to the volume except wash trades.
- Binance reserves the right to disqualify trades showing suspicious attributes.
Risk Warning:
- Futures trading involves substantial risks with potential profits or losses.
- Past gains don't guarantee future returns.
- It's advised to trade responsibly, considering the potential risks involved.
Binance's Discretion:
- Binance reserves the right to modify or cancel the promotion at any time without prior notice.

Understanding these elements is crucial for participants to adhere to the rules, maximize chances of winning rewards, and trade responsibly in the Futures market.

Deposit a Minimum of $50 in Your Futures Wallet and Trade Futures to Win Up to 500 BUSD | Binance Support (2024)