Friday, May 24, 2024
Blockchain

Binance Launches Spot Copy Trading Promotion with 100,000 FDUSD Reward Pool






Binance’s New Spot Copy Trading Promotion

Binance, a leading global cryptocurrency exchange, has announced a new promotion to encourage users to try out their newly launched Spot Copy Trading feature. The promotion, which runs from 15th May 2024 to 16th June 2024, offers a share of 100,000 FDUSD in token vouchers for eligible participants.

How Spot Copy Trading Works

The Spot Copy Trading feature allows Binance users to mimic the real-time trades of experienced traders. This offers a unique opportunity for novice traders to learn from industry veterans and potentially enhance their trading strategies. The promotion is open to all users who have not previously traded on Binance Spot Copy Trading.

How to Participate in the Promotion

The first 20,000 qualified users who confirm their participation will be eligible to complete tasks during the promotion period and earn up to 5 FDUSD in token vouchers. Only verified users who click the ‘Register Now’ button on the activity page by the end of the promotion period may successfully participate in this promotion.

Terms and Conditions

The promotion is subject to certain terms and conditions. These include the requirement for users to be enabled for Binance Spot Copy Trading, and the possibility of restrictions in certain jurisdictions or to certain users, depending on legal and regulatory requirements. Binance reserves the right to change, modify or impose additional restrictions at any time at its sole discretion.

Reward Distribution

All token voucher rewards will be distributed to eligible users within 21 working days after the end of the promotion period. Users will be able to login and redeem their token voucher rewards via the Rewards Hub. All token voucher rewards will expire within two weeks after distribution, so eligible users should claim their vouchers before the expiration date.

Disclaimers and Risk Warnings

Binance has issued a disclaimer stating that digital asset prices can be volatile and users are solely responsible for their investment decisions. The company also warned of the risks involved in copy trading, including the risk of following the trading decisions of possibly inexperienced or unprofessional traders. Binance urged users to consult their own advisers, where appropriate, and to understand the risks before trading.

Image source: Shutterstock

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