In times of severe volatility, trading volumes generally increase, and the last two weeks are no exception. Binance, the world's leading cryptocurrency exchange, has decided to create a trading tournament where users can team up and share a combined prize that can grow to a value of $ 1 million in BNB.

It is important to note that trading in leveraged assets and futures is not recommended for beginners as it involves a high risk of losing your capital. Binance Futures has become one of the leading cryptocurrency exchanges where users can trade different digital assets with significant leverage.

Binance Futures Trading Tournament

In times of great volatility, Binance has decided to give the most active traders the opportunity to earn additional rewards. The tournament It will take place between April 10 and 25, and depending on the number of participants, the dynamic prize will be up to $ 1 million in Binance Coin. The more people who join the tournament, the bigger the prize.

All teams that trade perpetual contracts on Binance Futures during the competition period will be ranked based on their Total Team Profit USDT. All users of each of the teams must have a minimum balance of 10 USDT before the start of the competition period. Each team must have a registered team leader who will receive 30% of the team award. 

The top 10 team members will split 20% of the remaining reward. While all other team members will receive 50% of the total team reward. It is important to note that only team members with a trading volume of 50.000 USDT will receive a split of the reward. Team leaders must register between March 26 and April 10. All other members can sign during that entire time, but also until the end of the tournament.