Binance Launches Spot Traders League with $3.2 Million in BNB Vouchers

Binance introduces a Spot Traders League, offering $3.2 million in BNB token vouchers for regular and VIP users. The competition includes volume and ROI contests.

Binance, the world's largest cryptocurrency exchange by trading volume, has unveiled a new initiative dubbed the "Spot Traders League." Through this program, Binance aims to engage regular and VIP users in a competitive event with a prize pool of $3.2 million in BNB token vouchers.

This latest addition to the Binance Traders League will see participants trading eligible tokens on Binance's Spot platform throughout the promotion period. They will be vying for a share of the prize pool allocated to Bonus Tasks, a Volume Competition, and an ROI (Return on Investment) Competition. These competitions cater to traders of varying skill levels and strategies.

The Volume and ROI Competitions boast a dynamic prize pool, which could reach up to $3 million in BNB token vouchers. Each competition has the potential to distribute up to $1.5 million, and the total number of eligible participants will determine the final prize distribution.

To be considered eligible, participants must confirm their involvement in the league and achieve a minimum total spot trading volume of $500 equivalent during the promotion. They must also complete the tasks outlined on the Spot Traders League page.

All verified users who register on the tournament page by the promotion's end and meet the criteria can qualify. However, the promotion is subject to regional restrictions, and certain trading pairs, such as FDUSD, TUSD, and USDT, will not count towards the volume requirement for European Economic Area (EEA) users.

Moreover, zero trading fee pairs are excluded from the final volume calculations. Binance has also highlighted that participants engaging in prohibited trading activities or market manipulation may be disqualified from the promotion at its sole discretion.

For more details on the Spot Traders League, including the full rules and prize distribution, users can visit the official announcement on the Binance website.

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