Binance Futures Mock Copy Trading Challenge: Lead & Copy Trade to Share 30,000 USDT

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Futures is pleased to launch a Mock Copy Trading competition, where both Lead and Copy Traders will stand to share in a total prize pool of 30,000 USDT in token voucher rewards. Start Futures Copy Trading and try Mock Copy Trading without incurring any costs or risks! 

Promotion Period: 2024-09-04 00:00 (UTC) to 2024-09-17 23:59 (UTC)

Promotion A: Copy Trader Exclusive - Mock Copy Trade to Share 15,000 USDT in Rewards

All eligible Copy Traders who register for the Promotion and create at least one mock copy portfolio will qualify to participate. Participants will be ranked by the total Profit and Loss (PnL) of their top 10 positive-PnL mock copy trading portfolios during the Promotion Period. The top 2,500 participants will qualify to share 15,000 USDT in token vouchers, as per the table below. 

Note: 

• Only mock portfolios opened during the Promotion Period will be counted.

• Only the highest mock PnL of each unique mock portfolio will be taken into account. Repeat mock copying of the same Lead Trader portfolio will be disregarded.

Promotion B: Lead Trader Exclusive - Lead Trade and Compete by Mock Copy Trade PnL to share 8,000 USDT in Rewards

All eligible Lead Traders who register for the Promotionand achieve at least 1,000 USDT in trading volume of their lead portfolio will be qualified to participate. Each Lead Trader may only select one lead portfolio to compete in this Promotion.  

Participants will be ranked by the total mock copy Profit and Loss (PnL) of their lead portfolio during the Promotion Period.The top 10 participants will be qualified to share 8,000 USDT in token vouchers, as per the table below.

Notes:

• In most cases, lead portfolios with positive lead trading PnL will increase the chances of their Copy Traders’ mock portfolios to have a positive PnL. 

• Only mock portfolios opened during the Promotion Period and only one mock portfolio (the one with highest mock PnL) from each Copy Trader will be counted. 

Rewards Structure for Promotion A and B 

Promotion C: Make Your First Copy Trade via Discover to Share 7,000 USDT in Rewards

The first 1,400 new Copy Traders who register for the Promotion, create their first copy portfolio via the Discover tab, and has a cumulative total investment amount of at least 100 USDT during the Promotion Periodwill qualify to receive 5 USDT each on a first-come, first-served basis based on the opening time of their first copy portfolio. 

Notes:

• Only copy portfolios that have opened at least one trade will be counted.

• ”New Copy Traders” refers to users who have never opened a copy portfolio before the Promotion Period.

About Mock Copy Trading

Mock Copy Trading allows users to fully experience the different features available on Futures Copy Trading without opening any real positions. Users will each receive a virtual amount of funds worth 10,000 USDT per mock copy portfolio. Refer to this FAQ for more information. 

How to Start Mock Copy Trading

• Step 1: Log in to your Binance account and go to [Futures] - [Copy Trading].

• Step 2: Choose a portfolio to copy. You may filter portfolios by their Return on Investment (ROI), PnL, Maximum Drawdown (MDD), etc.

• Step 3: Click [Mock Copy]. After selecting [Start], the system will automatically allocate a ​​virtual amount of funds (10,000 USDT) to your Mock Copy Trading portfolio.  

How to Get Started with “Discover” on Copy Trading 

1. Log into your Binance App, and navigate to [Futures] - [Copy Trading] - [Discover].

2. Swipe right to mock copy a portfolio, or swipe left to pass.

3. View the detailed portfolio metrics, such as 7D PnL/ROI, Lead Trader badges, portfolio descriptions, performance charts, etc.

4. Copy with the minimum amount, or enter your preferred copy amount to begin.

Guides & Related Materials

• How to Use Copy Trading on Binance Futures

• How to Use Mock Copy Trading on Binance Futures

• How to Swipe and Discover Lead Portfolios on Binance Copy Trading

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 these Promotions.

• Participants can mock up to 10 and copy up to 20 trading portfolios at the same time. 

• Participants’ total PnL in Promotion A and B must be positive to be qualified to enter into the rankings of the respective Promotions. 

• Rewards for Promotion A and Promotion B are mutually exclusive. However, winners for Promotion A or B can still win rewards for  Promotion C.

• Rewards Distribution:

  1. USDT token voucher rewards will be distributed to eligible users within 14 working days after the Promotions end. Users will be able to login and redeem their token voucher rewards via Profile > Rewards Hub. 

  2. The validity period for vouchers is set at 30 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem voucher rewards. 

• These Promotions are only available to users who are enabled for Binance Futures Copy Trading 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. 

• 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 Copy Trading services in each country from which the services are accessed.

• 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 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 determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, including but not limited to:

  1. Changes in applicable regulations or policies;

  2. Obligations arising out of law or decisions issued by common courts or public administration;

  3. Anti-money laundering or combating financing terrorism rules;

  4. Technical issues beyond our control;

  5. Necessity to protect users from potential losses;

  6. Necessity to protect Binance from the loss of reputation.

• Additional promotion terms and conditions 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

2024-09-04