Latest news with #BinanceFutures
Cision Canada
5 days ago
- Business
- Cision Canada
Binance Traders League Returns with $6 Million Prize Pool and New Enhancements including Regional Competitions and Trader's Passport
Binance's global flagship trading event introduces Trader's Passport for users to track their performance across competitions and new Regional Categories to promote friendly competition DUBAI, UAE, June 2, 2025 /CNW/ -- Binance, the global blockchain ecosystem trusted by over 270 million users worldwide, is excited to announce Binance Traders League Season 2 with a prize pool of up to $6 million. Traders League is Binance's flagship trading competition where traders from around the world go head-to-head for crypto rewards and is a fun and engaging way to celebrate our users and for them to connect. Pre-registration starts today, from 2 to 8 June 2025, and the trading activity period will run from 9 June to 6 July 2025. Users can enjoy enhanced solo and team competitions across spot and futures, a refreshed landing page featuring shareable widgets, a trader's "Passport" to track their performance across competitions, and a new and exciting regional competition category. Rachel Conlan, CMO at Binance, shared, "We are introducing a number of new features in Traders League Season 2, such as regional teams to promote camaraderie and a Trader's Passport for users to track their personal achievements across competitions. The variety of competition categories and tasks ensures there will always be a category and activity for every user regardless of their experience levels. Binance Traders League provides a platform for traders from around the world to exchange their knowledge and is a rewarding way to connect." One of the new highlights of Traders League will see users who register automatically be part of a regional team based on their KYC location to compete for prizes, as well as be automatically added to their region's open solo competition categories. The available regions are Asia, CIS & Europe, LATAM, Africa, and MENA. Overview of Traders League competitions and prize pool: Spot Traders League - total prize pool of up to $1.8 million Comprising Solo ROI Competition and Team PnL Competition Users eligibility: All verified regular and VIP 1-6 users, except liquidity providers Eligible trading pairs: All trading pairs except zero fees trading pairs Futures Traders League - total prize pool of up to $3 million Comprising Solo ROI Competition and Team PnL Competition Bonus rewards for new Binance Futures users Users eligibility: All verified regular and VIP 1-6 users, excluding market makers. Eligible trading pairs: All USDⓈ-M contracts and COIN-M contracts on Binance Futures Side Tasks, Regional ROI Competitions and Side Quests - total prize pool of $1.2 million Side Tasks with a prize pool of $1 million Regional ROI Competition prize pool of $100k Affiliates Booster prize pool of $50k Trading Live Showdown prize pool of $50k — where Futures trading content creators can stream their strategy on Binance Square to grow their audience and compete for prizes For more information and terms and conditions, visit the Binance Traders League here. Disclaimer: The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.
Yahoo
30-05-2025
- Business
- Yahoo
Binance Futures List HYPE Token Amid Feverish Trading Activity in Hyperliquid
Binance Futures listed HYPE, the native token of rival derivatives exchange HyperLiquid, on Friday. HYPE rose by 77.5% over the past 30 days as it made its way into the 15 largest cryptocurrencies by market cap. The Binance listing is a USD-margined perpetual contact that offers up to 75x leverage. Prominent trader and HyperLiquid supporter Flood said on X that the first exchange that lists HYPE spot markets will make "$100 million in fees" in the first year. HYPE was unmoved by the announcement; it is down by 4.3% over the past 24 hours in line with a wider crypto market slump. HyperLiquid notched $11 billion in perpetual trading volume during the same period as it rapidly emerges as this cycle's decentralized derivatives exchange of choice. Binance futures, meanwhile, remains the largest centralized exchange with $91 billion in trading volume over the past 24 hours, according to CoinMarketCap. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Mayor
24-05-2025
- Business
- Business Mayor
World's Top Crypto Exchange by Trading Volume Announces Upcoming Support for Consumer-Focused Altcoin on Binance Alpha
The world's largest crypto exchange by trading volume is announcing upcoming support for an entertainment altcoin on its early-access platform. In a new announcement, Binance says it's adding support for Sophon (SOPH), an interoperable layer-2 scaling solution made for the entertainment industry, on Binance Alpha, a feature of the Binance Wallet which launched in December 2024 that lets users discover emerging web3 projects before they gain mainstream popularity. 'Binance is excited to announce that Sophon (SOPH) will open for trading on Binance Alpha starting 2025-05-28 13:00 (UTC). In addition, Binance Futures will launch SOPHUSDT Perpetual Contract with up to 50x leverage at 2025-05-28 13:30 (UTC).' Sophon aims to create mainstream uses for blockchain technology by integrating it into everyday events, such as gaming. 'Sophon is an innovative ZK (zero-knowledge) chain built on the ZKsync Elastic Chain vision, designed to become the hub of consumer crypto by creating engaging, accessible, and widely-used applications that extend beyond the existing crypto-native audience. As a Validium-based Layer 2 solution, Sophon leverages advanced blockchain technology to offer higher throughput, low transaction fees, and seamless interoperability with other ZK chains, all while maintaining the security of the Ethereum mainnet.' Zero-knowledge proofs allow one party to prove that a cryptographic statement is true without disclosing any additional information. SOPH, the project's native token used to pay gas fees and reward validators, has yet to launch but is slated to debut next week. Follow us on X, Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action
Yahoo
21-04-2025
- Business
- Yahoo
Binance Announces Availability of Balance (EPT) on Alpha and Future
Binance has announced the upcoming availability of Balance (EPT) for trading on its Alpha platform, set to begin on April 21, 2025, at noon UTC. Concurrently, Binance Futures will introduce the EPTUSDT Perpetual Contract, which allows for leverage of up to 20x, starting at 1 p.m. UTC on the same day. Binance is the first platform to announce the listing of EPT for both Futures and Alpha trading. To celebrate this launch, Binance will distribute an airdrop of 3,500 EPT tokens to eligible users who have a purchasing history on Binance Alpha. These tokens will be credited to accounts before 12:10 p.m. UTC on April 21, 2025. Eligibility for the airdrop is limited to users who made purchases on Binance Alpha using Spot or Funding accounts between April 11, 2025, and April 17, 2025. The EPTUSDT Perpetual Contract will be settled in USDT, with a funding rate capped at +2.00%/-2.00%. Funding fees will be settled every four hours, and the contract will be available for trading 24/7. Binance has stated that Multi-Assets Mode will be supported, allowing users to trade using various margin assets, including BTC, subject to applicable haircuts. Market conditions may prompt Binance to adjust several parameters of the perpetual contract, including funding fees and leverage. Additionally, the contract will be available for Futures Copy Trading within 24 hours of its launch. It is important to note that the listing of EPT on Binance Futures does not guarantee its availability on Binance Spot. Users are advised to refer to the original English announcement for the most accurate information, as discrepancies may exist between translated versions.
Korea Herald
01-04-2025
- Business
- Korea Herald
YouthMeta unveils revamped ‘RisingX' AI crypto platform, accelerates global expansion
YouthMeta, a cryptocurrency data solution provider based in Seoul, has launched a revamped version of its AI-based platform RisingX as part of its strategy to accelerate its global expansion, the company announced Tuesday. RisingX provides real-time market analysis and trading signals for over 290 cryptocurrencies listed on Binance Futures, a major global crypto exchange. Key tools such as Kibot Chart and Meta Chart help users identify market trends and deliver "L" (long) or "S" (short) signals, suggesting optimal times to buy and sell. The platform's underlying AI models are based on more than eight years of training and big data analysis. Designed to function like a "GPS for investors," RisingX aims to guide both novice and experienced users without requiring them to interpret complex charts. The system also integrates real-time API connections with global exchanges to collect timely data. Additionally, it offers a loyalty program in which users who sign up and trade through RisingX earn rebates on exchange trading fees, which can be used to access premium features, creating a circular incentive model. The updated platform features a completely redesigned user interface, a global launch promotion, and a new AI-based Grid Bot designed to help users pursue stable profits even in sideways markets. To promote the new features, YouthMeta has rolled out a global marketing campaign. With more than 30,000 users across 27 countries, YouthMeta is actively expanding into key global markets, including Indonesia, Pakistan, the US and Dubai. The platform has shown particularly strong growth in Japan and Southeast Asia. 'Our mission is to provide safer trading environments,' a YouthMeta spokesperson said. 'By leveraging blockchain and AI-based technologies, we aim to offer more precise and trustworthy investment tools — empowering investors to lead the market with confidence.'
