Press release
Binance Traders League Returns with $6 Million Prize Pool and New Enhancements including Regional Competitions and Trader's Passport
Users can enjoy enhanced solo and team competitions across spot and futures, a refreshed landing page featuring shareable widgets, a trader's "Passport" to track their performance across competitions, and a new and exciting regional competition category.
Rachel Conlan, CMO at Binance, shared, "We are introducing a number of new features in Traders League Season 2, such as regional teams to promote camaraderie and a Trader's Passport for users to track their personal achievements across competitions. The variety of competition categories and tasks ensures there will always be a category and activity for every user regardless of their experience levels. Binance Traders League provides a platform for traders from around the world to exchange their knowledge and is a rewarding way to connect."
One of the new highlights of Traders League will see users who register automatically be part of a regional team based on their KYC location to compete for prizes, as well as be automatically added to their region's open solo competition categories. The available regions are Asia, CIS & Europe, LATAM, Africa, and MENA.
Binance Traders League introduces regional teams to promote camaraderie and friendly competition. Users who register for Binance Traders League will automatically be part of a regional team based on their KYC location to compete for prizes, as well as be added to their region's open solo competition categories. Information in the screengrab above is for illustrative purposes.
Trader's Passport is another new highlight of Binance Traders League this season - users can now track their performance across different competitions and also unlock achievements. Information in the screengrab above is for illustrative purposes.
Overview of Traders League competitions and prize pool:
Spot Traders League - total prize pool of up to $1.8 million
● Comprising Solo ROI Competition and Team PnL Competition
● Users eligibility: All verified regular and VIP 1-6 users, except liquidity providers
● Eligible trading pairs: All trading pairs except zero fees trading pairs
Futures Traders League - total prize pool of up to $3 million
● Comprising Solo ROI Competition and Team PnL Competition
● Bonus rewards for new Binance Futures users
● Users eligibility: All verified regular and VIP 1-6 users, excluding market makers.
● Eligible trading pairs: All USDS-M contracts and COIN-M contracts on Binance Futures
Side Tasks, Regional ROI Competitions and Side Quests - total prize pool of $1.2 million
● Side Tasks with a prize pool of $1 million
● Regional ROI Competition prize pool of $100k
● Affiliates Booster prize pool of $50k
● Trading Live Showdown prize pool of $50k - where Futures trading content creators can stream their strategy on Binance Square to grow their audience and compete for prizes
For more information and terms and conditions, visit the Binance Traders League here.
Disclaimer: The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. Digital asset prices can be volatile. The value of your investment may 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. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. 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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About Binance
Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 270 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com
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