Every week, newbie and experienced traders will be able to get generous rewards for their predictions on Bitcoin's (BTC) price performance against U.S. Dollar Tether (USDT).
One week, one Tesla: Binance Futures Ultimate Challenge goes live
Binance Futures, the largest and most liquid crypto derivatives platform by Binance, announced today its Futures Ultimate Challenge, where participants can compete to win a Tesla Model Y in four weekly challenges and vouchers for Bitcoin (BTC) rewards by predicting the daily price of the orange coin.
The Binance Futures Ultimate Challenge will be running for four weeks in a row, from Feb. 18, 2024 (2:00 p.m. UTC) until March 17, 2024 (1:59 p.m. UTC).
Daily Bitcoin Futures Price Prediction will be running every day from 2:00 p.m. (UTC) to the following day 1:00 p.m. (UTC). Every user who opens a Futures account can make a prediction of the BTCUSDT Perpetual Contract mark price at 2:00 p.m. UTC the following day.
The user who gets the price right, or is closest to it, can walk away with a 0.05 BTC voucher (over $2,600 in fiat equivalent by press time).
Four Tesla Model Ys are up for grabs
Besides that, users receive one Golden Ticket by completing a series of tasks. The more Golden Tickets they have, the higher their probability of winning a Tesla Model Y every week.
One Golden Ticker is assigned for every first-time trader on Binance Futures (one-time option). Also, extra wallets are distributed daily for those Binancians with futures trading volume exceeding $10,000 per day.
Also, an extra ticket can be obtained for referring the contest to friends (one referral = one ticket).
Besides Teslas, traders can win 5 x 1,000 USDT rebate vouchers every week in the Golden Tickets contest.
The Binance Futures Ultimate Challenge will feature a leaderboard showing a ranking of all participants by the number of Golden Tickets they have. The leaderboard will be updated every hour.
Alex Dovbnya
Dan Burgin