By Blockchain News | Created at 2024-11-14 21:00:26 | Updated at 2024-11-21 17:19:32
6 days ago
Zach Anderson Nov 14, 2024 21:03
Binance Futures introduces the Memecoin Carnival, offering a 17,600 USDT prize pool for eligible traders. Participants can trade DOGEUSDT and other designated memecoin contracts to win rewards.
Binance Futures is set to captivate traders with the launch of its Memecoin Carnival, offering a substantial prize pool of 17,600 USDT in token vouchers. This event is designed to engage both new and regular users by providing lucrative rewards for trading designated memecoin perpetual contracts, according to Binance.
Event Details
The promotional period runs from November 14, 2024, to November 27, 2024. During this time, eligible participants can partake in three distinct promotions. New Futures users, defined as those who have never traded on Binance Futures before the event, can register and make their first Futures trade. By achieving a cumulative trading volume of at least 100 USDT, they can earn USDT token voucher rewards from a dedicated 7,000 USDT pool, available on a first-come, first-served basis.
Participation and Eligibility
Both new and regular Futures users, including VIP 1-6 tiers, can qualify for additional rewards by reaching a cumulative USDⓈ-M Perpetual Futures trading volume of at least 1,000 USDT. Participants can win a share of 3,400 USDT or 7,200 USDT in token vouchers, depending on their trading activities during the promotion.
A 3x trading volume multiplier is applied to trades involving specific memecoin perpetual contracts, including popular pairs such as DOGEUSDT and ACTUSDT. This initiative aims to maximize traders' opportunities to benefit from market movements.
Terms and Conditions
Only verified users from eligible regions can participate, and rewards will be distributed within 14 working days after the promotion ends. Token vouchers are valid for 30 days post-distribution and must be redeemed within this period to avoid expiration.
Binance emphasizes compliance with regional regulations and reserves the right to disqualify participants engaging in fraudulent activities or those violating the terms of the promotion. The platform maintains the discretion to amend the event's terms and conditions as necessary to align with legal requirements or technical considerations.
Image source: Shutterstock
