Announcement
Home
Support Center
Announcement
Latest Activities
Complete Your First Trade on Binance Futures and Share 10,000 USDT Worth of Loss Protection Coverage

Complete Your First Trade on Binance Futures and Share 10,000 USDT Worth of Loss Protection Coverage

2024-10-01 08:00

This is a general announcement. Products and services referred to here may not be available in your region. This content is not intended for users/countries to which restrictions apply.

Fellow Binancians,

Binance Futures is excited to introduce a new promotion for new users! New Binance Futures users can participate and share 10,000 USDT Loss Protection Coverage in token vouchers. 

Promotion Period: 2024-10-02 00:00 (UTC) to 2024-10-15 23:59 (UTC)

Register Now

How to Participate:

New Binance Futures users* who fulfill the following criteria  will have their first closed position loss protected up to 10 USDT in the form of a token voucher:

  • Register for the Promotion;

  • Complete their first trade on Binance Futures;

  • Achieve a cumulative trading volume of at least 100 USDT equivalent during the Promotion Period. 

A total of 10,000 USDT Loss Protection Coverage in token vouchers is available for new Binance Futures traders, distributed on a first-come, first-served basis.

Please Note:

  • Eligible new users will receive Loss Protection Coverage in USDT token voucher only if their first closed position results in a loss. No voucher will be issued if the first closed position is profitable.

  • *New Binance Futures users refer to individuals who have yet to open a Binance Futures account prior to 2024-10-02 00:00 (UTC). 

Terms and Conditions

  • Only verified users from eligible regions who click "Register Now" on the Promotion page during the Promotion Period may qualify for rewards from the aforementioned Promotions (“Eligible Users”).

  • In this Promotion, a total of 10,000 USDT is allocated. If the remaining prize pool is less than the realized loss of the last eligible user's first closed position, the user will receive a token voucher equal to the remaining amount in the prize pool. No additional rewards will be issued for this Promotion once the reward pool is fully depleted.

  • Trading volumes on all FDUSD, TUSD, and USDT trading pairs will not count toward the trading volume requirement for EEA users in this Promotion.

  • Rewards will be in the form of USDT token vouchers only, and will be distributed within 14 working days after the respective Promotion ends. Eligible Users will be able to log in and redeem their token voucher rewards via Profile > Rewards Hub.

  • The validity period for the token voucher is set at 30 calendar days from the day of distribution. Learn how to redeem a voucher. The voucher must be redeemed before its expiry. If a voucher is not claimed before its expiry, then it will be void and no replacement voucher nor other reward will be provided.

  • This Promotion is strictly only available to Eligible Users who are enabled for Binance Futures services, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements. These Promotions are not intended for users/countries to which restrictions apply. Users who are in Pakistan, Bangladesh, India, Indonesia, and Nigeria are not eligible to this campaign

  • All Eligible Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures services in each country from which the services are accessed.

  • Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

  • Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately (e.g., wash trading, bulk account registrations, self dealing, market manipulation, and more).

  • Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing or method of any act to be done at any time, with or without notice, for any reason, including, without limitation, for reason of:

    • changes in applicable regulations or policies;

    • obligations arising out of law or decisions issued by common courts or public administration;

    • anti-money laundering or combating financing terrorism rules;

    • technical issues beyond our control;

    • necessity to protect users from potential losses; and

    • necessity to protect Binance from the loss of reputation.

  • Additional promotion terms and conditions apply and can be accessed here.

  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-10-01

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on 

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here

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 without your consent. 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.