Binance, the well-known blockchain platform that serves a user base of over 190 million people worldwide, has announced the launch of its very first Binance World Championship. With an extraordinary prize pool of over $4.2 million, this championship is a testament to Binance’s commitment to honoring and rewarding its community of users. Open to both new and existing users, the championship offers opportunities to expand their knowledge of cryptocurrencies, take part in various campaigns, and showcase their trading skills for substantial rewards.
Inspired by the spirit of friendly competition seen in global sporting events that bring nations and individuals together, the Binance World Championship aims to combine the excitement of these events with the limitless potential of the crypto world. The championship officially begins today and will run for a period of three weeks, concluding on June 25, 2024.
Structure of the Championship
The Binance World Championship consists of three skill-based tournaments and three exclusive promotions, providing a comprehensive and captivating experience for participants of all skill levels, from beginners to experienced traders. Let’s take a closer look at what’s on offer:
Spot Trading Tournament:
Participants can take part in spot-related tasks and compete in trading volumes to earn a share of the $1.2 million prize pool.
Futures Grand Tournament:
This tournament includes both individual and team competitions, with rewards of up to $3 million available for participants.
Convert Trading Tournament:
By studying and trading the top-performing assets for the next day, participants can share a daily reward pool of 500 USDC, totaling 12,000 USDC throughout the championship.
In addition to the tournaments, Binance users can also take advantage of three exclusive promotions during this period:
Earn Promotion:
Users who subscribe to Simple Earn’s Flexible and Locked Products can share rewards of up to $100,000.
Buy Crypto Promotion:
New users who complete their first crypto purchase or fiat deposit using the ‘Buy Crypto’ feature can share rewards of 15,000 USDT.
Cross-Product Promotion:
Users who trade at least $100 on Convert, Spot, and Futures will have a chance to win 1 BNB.
Rachel Conlan, Chief Marketing Officer at Binance, expressed her enthusiasm, stating, “With the launch of the first-ever Binance World Championship, we are thrilled to celebrate our users and acknowledge their commitment to community excellence. By echoing the camaraderie and competitive spirit that sports embody, this championship aims to provide engaging and enriching experiences for all our users, from beginners to crypto veterans. We are not only giving our community an opportunity to enhance their understanding of crypto, but also recognizing their unwavering support through rewarding opportunities.”
“As the championship unfolds over the next few weeks, we look forward to seeing our users demonstrate their skills and knowledge. Our hope is that they will further explore and unlock the vast possibilities of crypto during this process,” Conlan added.
Binance is a prominent global blockchain platform that operates the world’s largest cryptocurrency exchange in terms of trading volume and registered users. Trusted by more than 190 million people across over 100 countries, Binance is renowned for its top-tier security, transparency, fast trading engine, investor protections, and extensive range of digital asset products. From trading and finance to education, research, social initiatives, payments, institutional services, and Web3 features, Binance is committed to creating an inclusive crypto ecosystem that promotes financial freedom and access on a global scale.