Binance Announces Trading Tournament With $10 Million Prize Pool
08.10.2024 16:00 1min. read Alexander Stefanov
Binance, the world's largest cryptocurrency exchange, announced a record $10 million prize pool for its Binance Traders League, which aims to boost community engagement among traders.
To participate, users must achieve a minimum trading volume of $500 by meeting various criteria to enter the competition.
The league includes two main competitions: the Spot Traders League and the Futures Traders League, each of which has different qualification and prize structures. The Spot Traders League offers up to $3 million in BNB token vouchers, with participants qualifying based on total spot trading volume and return on investment (ROI).
Top performers will share $1.5 million in BNB, and an additional $200,000 in USDC is available for those participating in spot “copy” trading and trading bots. This standalone competition runs from October 8 to October 28, 2024.
The Futures Traders League boasts a prize pool of up to $7 million in USDT tokens. Competitors can enter the ROI and Team PNL solo competitions, with novice futures traders eligible for a welcome prize of $700,000 in USDT. The solo competition is aligned with the Spot Traders League, while registration for the team competition opens on October 10 and trading is scheduled from October 17 to November 6, 2024.
-
1
Senator Lummis Takes Aim at SEC, Demands Clear Crypto Rules
28.09.2024 20:00 2min. read -
2
SEC Likely to Appeal Ripple Ruling as Deadline Approaches
22.09.2024 8:00 2min. read -
3
Binance’s Changpeng Zhao to be Released Early: What Will the Billionaire Do Next?
27.09.2024 14:00 1min. read -
4
Shibarium’s Major Upgrade: Can It Boost Shiba Inu’s Struggling Performance?
14.09.2024 20:00 1min. read -
5
Crypto Expert Warns of Market Vulnerability After Iran’s Attack on Israel
02.10.2024 13:00 2min. read
Alchemy Pay Teams Up with Samsung to Enhance Crypto Payments
In the rapidly evolving cryptocurrency sector, a notable partnership has emerged between Alchemy Pay and Samsung.
Bitcoin Performs Better Than Gold, but Volatility Continues to be a Problem
Bitcoin (BTC) has surged more than 40% this year, outperforming major stock indices, bonds, gold and even oil, which has been rising recently due to geopolitical tensions.
Riot Platforms Eyes AI Opportunities While Staying Committed to Bitcoin Mining Strategy
In a recent interview, the CEO of Riot Platforms expressed interest in exploring AI partnerships if suitable opportunities arise.
More Crypto Exchanges Expected to Gain Approval in Hong Kong This Year
Hong Kong’s Securities and Futures Commission (SFC) plans to approve more cryptocurrency exchanges by year-end, according to CEO Julia Leung.
-
1
Senator Lummis Takes Aim at SEC, Demands Clear Crypto Rules
28.09.2024 20:00 2min. read -
2
SEC Likely to Appeal Ripple Ruling as Deadline Approaches
22.09.2024 8:00 2min. read -
3
Binance’s Changpeng Zhao to be Released Early: What Will the Billionaire Do Next?
27.09.2024 14:00 1min. read -
4
Shibarium’s Major Upgrade: Can It Boost Shiba Inu’s Struggling Performance?
14.09.2024 20:00 1min. read -
5
Crypto Expert Warns of Market Vulnerability After Iran’s Attack on Israel
02.10.2024 13:00 2min. read
