Binance, the world’s leading blockchain platform trusted by over 230 million users, is excited to kick off the Binance Traders League today. This year’s event features a record-breaking prize pool exceeding $10 million in crypto rewards, making it a must-join competition for crypto traders.
The Traders League aims to be inclusive, offering challenges that suit traders of all skill levels and styles. Participants can engage in solo competitions to showcase their trading skills or join team events that encourage collaboration and camaraderie.
To ensure accessibility, only regular and VIP users (levels 1-6) can participate, with a minimum trading volume of $500 required for spot competitions during the League. Future competitions require the same trading volume from the start of 2024. Binance has designed the competition criteria based on ROI, PNL, or volume, allowing retail traders to compete more fairly against larger players.
The Traders League consists of two main leagues:
- Prize pool of up to $3 million in BNB vouchers.
- Participants will be ranked by total trading volume and ROI during the competition.
- Top competitors can share up to $1.5 million in BNB.
- Bonus tasks offer an additional $200,000 in USDC for exploring Spot Copy Trading and Trading Bots.
- Runs from October 8 to October 28, 2024.
Futures Traders League
- Prize pool of up to $7 million in USDT vouchers.
- Solo and team competitions are available.
- First-time Futures traders can share a welcome prize pool of up to $700,000.
- Solo trading runs from October 8 to October 28, with team trading from October 17 to November 6, 2024.
Rachel Conlan, Binance’s CMO, emphasized that the Traders League is about making crypto trading exciting and accessible for everyone. With diverse competitions and a substantial prize pool, this event reflects the growth and passion of the Binance community.
