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Binance Launches First-Ever World Championship with Over $4.2M in Crypto Rewards

Binance, one of the most prominent blockchain ecosystems worldwide with a user base of over 190 million, has recently launched an unprecedented event called the Binance World Championship. This championship stands out due to its immense rewards pool, which exceeds a staggering $4.2 million. Binance aims to celebrate and reward its user community by providing opportunities for crypto enthusiasts to expand their knowledge, get involved in various campaigns, and showcase their trading skills for substantial rewards.

Inspired by the unifying nature of global sporting events, the Binance World Championship seeks to combine the excitement of these competitions with the limitless potential of the crypto world. The championship has officially commenced and will span three weeks, culminating on June 25, 2024.

The structure of the championship encompasses three skill-based tournaments and three exclusive promotions, ensuring an engaging experience for participants of all levels, from beginners to seasoned traders. Let’s explore the offerings in further detail:

1. Spot Trading Tournament: Participants can partake in spot-related tasks and compete in trading volumes to secure a portion of the $1.2 million prize pool.

2. Futures Grand Tournament: This tournament encompasses both solo and team competitions, with rewards totaling up to $3 million for participants.

3. Convert Trading Tournament: By analyzing and trading the top-performing assets of the following day, participants can share a daily reward pool of 500 USDC, resulting in a total pool of 12,000 USDC throughout the championship.

In addition to the tournaments, Binance users can also take advantage of three exclusive promotions during this period:

1. Earn Promotion: Subscribing to Simple Earn’s Flexible and Locked Products enables users to share rewards amounting to $100,000.

2. Buy Crypto Promotion: New users completing their first crypto purchase or fiat deposit using the ‘Buy Crypto’ feature have the opportunity to share rewards totaling 15,000 USDT.

3. Cross-Product Promotion: Trading at least $100 across Convert, Spot, and Futures grants users a chance to win 1 BNB.

Rachel Conlan, Chief Marketing Officer at Binance, expressed her enthusiasm for this event, emphasizing that the Binance World Championship is a means of celebrating users and recognizing community excellence. The championship aims to provide engaging experiences for all participants, ranging from novices to industry veterans, by fostering camaraderie and competitive spirit. It not only enhances users’ understanding of crypto but also rewards their unwavering support.

Conlan further stated that throughout the championship, Binance hopes to witness users showcasing their skills and knowledge. The organization believes that users will uncover and unlock the vast possibilities of crypto during this process.

Binance, operating the world’s largest cryptocurrency exchange by trading volume and registered users, is a trusted blockchain ecosystem serving over 190 million individuals across more than 100 countries. Known for its top-tier security, transparency, fast trading engine, investor protections, and extensive range of digital asset products, Binance is dedicated to building an inclusive crypto ecosystem that promotes financial freedom and access worldwide. Its offerings span trading, finance, education, research, social goods, payments, institutional services, and Web3 features.