Join Binance Futures Spring Tournament '21 - Over $1,600,000 to Be Won! 🤑

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Topics: Binance, Trading, Bnb, Goals, Cryptocurrency, ...

Spring is here and with it, Binance is preparing for its Binance Futures Spring Tournament. Most exchanges have similar promotions but none of them compares with the prize pool for this Trading Competition: Up to $1,600,000 worth of BNB to be won! The tournament includes a Top 10 Team P&L competition, bonuses for Top 20 Most Popular Team Leaders, Daily ROI Rewards, and prizes for Picking the Top 10 P&L Teams. 🤑

The tournament was announced yesterday so this gives us time to join a team (or become a team leader) and prepare your trades for the competition.

Before starting you'll need to consider if you want to become a team leader (recommended if you have a team of traders) or join a team already created. Consider that prizes will be divided among team members when it

Here are the pros of becoming a Team Leader in the upcoming Binance Futures Spring Tournament

Receive 30% of your team's total reward
Your account will receive a referral bonus boost to 30%
Get high-quality exposure from Binance media globally.
The more team traders (>0 trading volume during the tournament period), the better chance you have of winning one of the “Top 20 Most Popular Team Leaders" rewards of 51,000 USD in BNB tokens.
According to the rules posted on the website, these are other things to consider when becoming a leader:
- Once your team is created, you will not be able to make any further changes.
- Team leaders must have already opened a Binance Futures account and deposited at least 10 USDT in BTC (or 10 USDT in ETH, ADA or LINK, etc.) into your Binance Coin-margined Futures wallet or your Binance USDⓈ-margined Futures wallet before creating a team.
- Each team must have a minimum of 10 team members (Leader + 9 Members).
- If team leaders are unable to reach this requirement within 7 days of signing up, the team will be disbanded and members will be free to join other teams. There is no limit on how many team members can be in each team.
- Team leaders will be able to continue adding team members after the sign-up period ends and find their 10 strongest contributors.
- Share the team link to invite people to join your team to also acquire them as your referral. If existing Binance Futures users join your team, the referral relationship of the user will not be affected.
- During the competition period, team leaders are allowed to create their own community groups and provide valuable market analysis and guidance on how to trade on Binance Futures.
- Please note that the analysis provided by team leaders is not representative of the views of Binance in any way. Binance will not be held liable for any trading losses experienced by team members following guidance from team leaders.

If you don't know a lot of traders or just want to follow a crew, you can become a Team Member, which are entitled and obligated to these terms:

All participants must have already opened a Binance Futures account and need to deposit at least 10 USDT in BTC (or 10 USDT equivalents in ETH, ADA or LINK, etc.) into your Binance Coin-margined Futures wallet or your Binance USDⓈ-margined Futures wallet, before joining a team.
Participants can choose to join their favorite team from the tournament landing page. You will not be able to change teams after you join unless the team fails to reach 10 members within the required timeframe.
Participants can join any team at any point during the competition period.
Share the team link to invite people to join your team to also acquire them as your referral. If existing Binance Futures users join your team, the referral relationship of the user will not be affected.

When does it start?

Competition Starts: 2021-03-17 0:00:00 (UTC) to 2021-04-01 0:00:00 (UTC).

Team leader sign-up period: 2021-03-02 0:00:00 (UTC) to 2021-03-17 0:00:00 (UTC).

Team member sign-up period: 2021-03-02 0:00:00 (UTC) to 2021-04-01 0:00:00 (UTC).

All teams trading Coin-margined and USDⓈ-margined contracts on Binance Futures during the competition period will be ranked based on their total Team USDT Profit combined.

Prepare your trades days before by having a clear checklist, draw your supports and resistance, set your stop losses, and take profit SOON! Remember it is a trading competition and you shouldn't hold your positions for a lot of time. Don't over-leverage your positions, always keep yourself hydrated and have a good sleep. You don't want to miss out on an opportunity because you fell asleep. Good luck, traders! 🙏🏻

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