Binance, a well-known global blockchain platform with a user base of over 190 million, has announced the launch of the first-ever Binance World Championship. This championship features an impressive prize pool of over $4.2 million, showcasing Binance’s dedication to recognizing and rewarding its users. Open to both new and existing users, the championship offers a chance to deepen their understanding of cryptocurrencies, engage in various activities, and showcase their trading skills for significant rewards.
Inspired by global sporting events that bring people together in friendly competition, the Binance World Championship aims to combine the thrill of these events with the endless possibilities of the crypto world. Starting today, the championship will run for three weeks, ending on June 25, 2024.
The structure of the Binance World Championship includes three skill-based tournaments and three exclusive promotions, catering to participants of all levels, from beginners to experienced traders. Here’s a breakdown of what participants can expect:
Spot Trading Tournament:
Participants can complete spot-related tasks and compete in trading volumes to win a portion of the $1.2 million prize pool.
Futures Grand Tournament:
This tournament features both individual and team competitions, with rewards totaling up to $3 million.
Convert Trading Tournament:
By analyzing and trading the top-performing assets of the day, participants can share a daily reward pool of 500 USDC, totaling 12,000 USDC throughout the championship.
In addition to the tournaments, participants can also take advantage of three exclusive promotions during the championship:
Earn Promotion:
Users who subscribe to Simple Earn’s Flexible and Locked Products can win up to $100,000 in rewards.
Buy Crypto Promotion:
New users who make their first crypto purchase or fiat deposit using the ‘Buy Crypto’ feature can share 15,000 USDT in rewards.
Cross-Product Promotion:
Users who trade at least $100 on Convert, Spot, and Futures will have a chance to win 1 BNB.
Rachel Conlan, Binance’s Chief Marketing Officer, expressed her enthusiasm for the Binance World Championship, stating, “With the launch of the first-ever Binance World Championship, we are excited to celebrate our users and promote community excellence. Similar to the camaraderie and competitive spirit found in sports, this championship aims to provide engaging and enriching experiences for all our users – from newcomers to crypto veterans. We are not only offering our community the opportunity to enhance their crypto knowledge but also recognizing their continuous support through rewarding opportunities.”
“As the championship unfolds in the coming weeks, we are eager to see our users showcase their skills and expertise. We hope that they will discover and unlock the vast potential of crypto during this journey,” added Conlan.
Binance is a leading global blockchain platform, operating the largest cryptocurrency exchange in the world in terms of trading volume and registered users. Trusted by over 190 million individuals in more than 100 countries, Binance is renowned for its top-notch security, transparency, fast trading engine, investor protections, and wide range of digital asset products. From trading and financial services to education, research, social initiatives, payments, institutional services, and Web3 features, Binance is committed to building an inclusive crypto ecosystem that promotes financial freedom and accessibility worldwide.