Binance Futures has unveiled an exciting new competition, offering participants a chance to share 30,000 USDT in token voucher rewards. The losses are fake, but rewards are real, so join in for a chance to boost your spot portfolio.
The Mock Copy Trading competition runs from July 19, 2024, to August 1, 2024.
Eligible participants can start Futures Copy Trading and explore Mock Copy Trading without any costs or risks.
What is mock copy trading?
Mock Copy Trading allows users to experience Futures Copy Trading features with virtual funds. Each user receives 10,000 USDT per mock copy portfolio. Participants can mock up to 10 and copy up to 20 trading portfolios simultaneously. To qualify for rankings, participants’ total PnL in Promotions A and B must be positive.
To register for the demo trading competition simple visit this event page and click on “Register Now”. If you’re not a Binance user yet, don’t miss using our referral code for a lifetime 10% fee discount.
Three Different Promotional Events
There are three distinct Mock Trading competitions you can participate in. You can even participate in all three. Let’s break it down and explain how to join and be eligible for rewards.
Promotion A: Mock Copy Trade for 10,000 USDT
During Promotion A, users who register and create at least one mock copy portfolio can participate. First, participants will be ranked by the total Profit and Loss (PnL) of their top 10 positive-PnL mock copy trading portfolios. Second, only mock portfolios opened during the promotion period will be counted. The top performers will share 10,000 USDT in token vouchers, based on their rankings.
Promotion B: Copy Trade for 15,000 USDT
Promotion B offers another exciting opportunity. Users who register, create at least one copy portfolio, and have a cumulative total investment of 100 USDT across all portfolios qualify. First, participants will be ranked by the total PnL of their top 10 positive-PnL copy trading portfolios. Second, only copy portfolios opened during the promotion period will be counted. The top performers will share 15,000 USDT in token vouchers, based on their rankings.
What are token vouchers? Token vouchers allow you to redeem free tokens to your Spot Wallet. In this case, you can redeem USDT. Funds received from token vouchers can be used for trading or withdrawn without restrictions.
Promotion A and B Rewards:
- 1st Place: 1,500 USDT (Promotion A), 2,500 USDT (Promotion B)
- 2nd Place: 800 USDT (Promotion A), 1,500 USDT (Promotion B)
- 3rd Place: 300 USDT (Promotion A), 500 USDT (Promotion B)
- 4th – 5th Places: Equally split 300 USDT (Promotion A), Equally split 500 USDT (Promotion B)
- 6th – 10th Places: Equally split 300 USDT (Promotion A), Equally split 500 USDT (Promotion B)
- 11th – 100th Places: Equally split 2,700 USDT (Promotion A), Equally split 3,500 USDT (Promotion B)
- Remaining Eligible Participants Amongst the Top 2,500: Equally split 4,100 USDT (Promotion A), Equally split 6,000 USDT (Promotion B)
Promotion C: Extra 5,000 USDT in Rewards
Promotion C offers additional rewards. Participants who register and create two or more copy portfolios with a cumulative investment of 100 USDT qualify. Only copy portfolios that have opened at least one trade will be counted. Participants will share 5,000 USDT in token vouchers, distributed as follows:
- >8 Portfolios: Equally split 2,500 USDT (capped at 50 USDT each)
- 5 – 8 Portfolios: Equally split 1,500 USDT (capped at 20 USDT each)
- 2 – 4 Portfolios: Equally split 1,000 USDT (capped at 10 USDT each)
How to Start Mock Copy Trading
- Log in to your Binance account and go to [Futures] – [Copy Trading].
- Choose a portfolio to copy, filtering by ROI, PnL, or Maximum Drawdown (MDD).
- Click [Mock Copy] and select [Start]. The system will allocate a virtual fund of 10,000 USDT to your mock portfolio.
Keep in mind that copy trading may not be available in all jurisdictions. Quickly visiting the event page will let you know if you are in a restricted jurisdiction.
Rewards for all promotions are not mutually exclusive, allowing users to qualify for multiple rewards. USDT token vouchers will be distributed within 14 working days after the promotions end. Users can redeem their rewards via Profile > Rewards Hub within 30 days of distribution.
Join Binance’s Mock Copy Trading competition today to explore new trading strategies and win exciting rewards!
