Win 10,000 BNB With New Binance Futures Competition

Win 10,000 BNB With New Binance Futures Competition

Following the launch of Binance Futures, the exchange platform is looking to their users to help promote the new service and rewarding them kindly for doing so.

The way the competition works is that they want those who have already got up and running on the platform to assist others in doing so by creating videos explaining the ins and outs of how the system functions. What users will need to do is produce a video guide to Binance Futures that covers the following aspects of the service:

  • How to open a Futures account 
  • How to transfer funds to a Futures account
  • The benefits of trading Futures vs Spot
  • The risks involved with trading Futures (Beginners can start off on the testnet without risking their funds)
  • A basic explanation of available order types
  • Contract Explanation (vs BTCUSDT spot)
  • PnL explanation
  • Live trading 

Following this, you can then fill out a form on the Binance website in order to qualify. If you are successful, your video will be added to the newly created “Community Content” playlist on the Binance YouTube channel and rewards can be won.

They will select 10 of the best to be uploaded to this playlist, including all full credits to its creators & links to their various channels & social media accounts, who will qualify for the semi-finals. However, alongside exposure, the real benefits come from the BNB rewards that they are giving to users who are successful.

If you are chosen to be within this top 10, you will already be eligible for a number of BNB, but the higher you rank the bigger your reward will be. With the top prize being a massive $5000 worth of BNB. While this is the golden prize everyone will be looking for, here is how the other places can benefit you if you are a successful applicant.

  • 1st place – $5,000 Equivalent in BNB
  • 2nd & 3rd place – $2,000 Equivalent in BNB each
  • 4th to 10th Place – $200 Equivalent in BNB each

Once the top 10 have been selected, the top three prizes from applications to the competition will be selected based 70% on the number of likes and retweets that a semi-finalist entry receives and 30% based on scores given by a select panel of judges from the Binance team.

With this in mind, not only do you need to capture the attention of both the general public, but also the attention of Binance industry professionals. Binance has assisted users some of the way already by providing users resources to help users videos off the ground. Combine this with your existing knowledge of Binance Futures and your video making abilities and you could be taking home that top prize.

Binance stress though that while authorship of the content will remain with the participants, by applying for this competition you will be transferring copyright of the video to Binance. Thus allowing them to copy and edit the video, as well as whatever else Binance feel the desire to do.

If you are interested 2019/10/19 9:00 AM (UTC) to complete submissions. Head over to Binance now to get started!

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