The Binance Futures Tournament is here, featuring a massive prize pool and exclusive rewards. This event includes four exciting challenge types: Invitation, Team, Individual, and Broker Solo competitions. With a total prize pool of $1.8 million and limited-edition Binance NFTs up for grabs, this tournament is ideal for active futures traders.
Here’s a quick overview of each competition category:
- Invitation Challenge: Invite users to trade and earn NFTs that boost your competition PNL points.
- Team Competition: Join forces with thousands of teams to compete for the highest PNL.
- Individual Challenge: Test your skills in a solo trading race for the best returns.
- Broker Solo赛: Participate through registered tournament broker partners.
Whether you're a seasoned trader or new to futures, there’s an opportunity for everyone to participate and win.
Team Competition vs. Individual Competition
One of the key decisions participants face is choosing between the Team and Individual competitions. The Team Competition offers significantly higher rewards—up to four times the prize pool of the Individual Competition—and more winning slots.
For local participants, several key opinion leaders (KOLs) have joined forces to create a united team: TW_Team. This collaboration aims to maximize chances of success and share rewards with members.
Benefits of Joining TW_Team
There are two main scenarios for participants, depending on their experience level:
- For Newer Traders: If your trading volume exceeds 10,000 BUSD during the event and you achieve a positive profit and loss (PNL), you qualify to share 30% of the team’s prize pool.
- For Experienced Traders: If your total PNL ranks in the top 10 within the team, you’ll split 30% of the total team prize.
This structure ensures that both newcomers and experts have a fair shot at earning rewards.
How to Join TW_Team
Joining the team is straightforward:
- Open a Binance account if you don’t have one. Existing users can proceed to the next step.
- Join the TW_Team page to officially become a member.
- Start trading futures to contribute to the team’s performance and become eligible for prize sharing.
For those new to futures trading, educational resources are available to help you get started. 👉 Learn practical futures trading strategies
Tournament Timeline
- Team Enrollment: Open now.
- Competition Period: December 10, 2021, 08:00 – December 25, 2021, 07:59 (UTC+8).
How to Earn Limited-Edition Binance NFTs
A unique feature of this tournament is the opportunity to earn limited-edition Binance NFTs. These NFTs not only hold potential future value but also provide practical benefits during the competition—such as tripling your PNL points.
Many participants have reported receiving NFTs within just 2–3 days of starting. The process involves completing daily tasks to earn entries into NFT raffles.
Daily Tasks for NFT Entries
After joining a team, you can complete four types of tasks to earn points. Each task contributes to your daily score, and reaching 8 points qualifies you for that day’s NFT draw:
- Task 1: Refer a new Binance user to join the futures tournament – 3 points.
- Task 2: Refer an existing Binance user to join the tournament – 2 points.
- Task 3: Trade 10,000 BUSD on USDT-margined BUSD contracts – 1.5 points per increment.
- Task 4: Trade the equivalent of 10,000 BUSD on non-USDT-margined contracts – 1 point per increment.
For example, achieving 60,000 BUSD in trading volume via Task 3 would cost approximately 15 USDT in fees and yield 9 points—enough for one raffle entry.
Why NFTs Matter
Beyond their collectible value, these NFTs enhance your competitive edge by multiplying your PNL scores. They may also appreciate in value on NFT marketplaces post-tournament.
All official rules and details are subject to Binance’s announcements, so always refer to the primary source for the latest updates.
Frequently Asked Questions
What is the Binance Futures Tournament?
The Binance Futures Tournament is a competitive trading event where participants can join as individuals or teams to trade futures contracts. The goal is to achieve the highest profit and loss (PNL) or returns, with opportunities to win cash prizes and exclusive NFTs.
How do I join a team?
You can join a team like TW_Team by first ensuring you have a Binance account. Then, visit the team’s official registration page, confirm your participation, and start trading during the competition period to contribute to the team’s standings.
Are there risks involved in futures trading?
Yes, futures trading carries significant risk due to leverage and market volatility. It’s possible to incur losses exceeding your initial investment. Participants should only use funds they can afford to lose and consider educating themselves beforehand.
Can I participate in multiple challenges?
Yes, you can engage in multiple competition categories simultaneously, such as the Invitation Challenge and Team Competition. However, be mindful of the rules for each, as some tasks may overlap or require separate efforts.
How are NFT rewards distributed?
NFTs are awarded through daily raffles. By completing tasks and earning at least 8 points in a day, you become eligible for that day’s draw. Winners receive NFTs directly in their Binance accounts.
What advantages do NFTs provide in the tournament?
Holding a tournament NFT multiplies your PNL points by three, giving you a significant advantage in competitive rankings. They also serve as digital collectibles with potential resale value.
Getting Started with Crypto Trading
For those new to cryptocurrency trading, selecting a reliable exchange is crucial. It’s important to choose platforms with strong security measures, regulatory compliance, and user-friendly features. 👉 Explore secure trading platforms
Many beginners seek a safe and straightforward way to enter the crypto space. Established exchanges offer various services, including spot trading, futures, savings products, and more, catering to different investment styles and experience levels.
Always remember that investing in cryptocurrencies involves risk. Thoroughly research and understand any product or service before committing funds. The goal is to make informed decisions that align with your financial goals and risk tolerance.
This guide is for educational purposes only and does not constitute financial advice. Participants should independently verify details and consider their circumstances before engaging in trading activities.