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Exciting news: Binance Futures introduces $170k incentive for USDC-based Futures trading

Exciting news: Binance Futures introduces $170k incentive for USDC-based Futures trading

Binance Futures Launches Promotional Campaign for USDC-Margined Trading Pairs

Binance Futures, the derivatives arm of Binance, has introduced a campaign to promote its USDC-margined perpetual trading pairs. The platform will be giving away up to $170,000 in USDC as part of the promotion.

Discounts and Rebates for Traders

During the three-month campaign, Binance Futures will offer a 10% trading fee discount on USDC-margined contracts for regular and VIP 1-3 users. Additionally, the first 5,000 derivatives traders who make a net deposit of at least $100 USDC will receive a $5 trading fee rebate voucher. Maintaining the deposit amount for five or ten days will entitle users to higher rebate amounts of $10 or $15. In total, $125,000 worth of rebate vouchers will be distributed during the campaign.

Dynamic Rewards Pool

Binance Futures is also offering a dynamic rewards pool for power users. Traders who register on the campaign landing page and trade a minimum position of $1,000 in USDC-margined perpetual contracts will be eligible to share a rewards pool worth up to $45,000. A limited number of participants will be eligible for each tier, with 6,000 participants eligible for the $45,000 pool.

Expanding Offerings and Market Outlook

Binance Futures recently introduced the USDⓈ-M MOVR Perpetual Contract with up to 50x leverage, expanding its product offerings. Some market commentators believe that with the expected approval of a Bitcoin spot ETF and the upcoming Bitcoin halving, a bull market could be on the horizon. However, only time will tell if this optimism turns out to be true.

Hot Take: Binance Futures Promotes USDC-Margined Trading Pairs with Generous Campaign

Binance Futures has launched a promotional campaign to showcase its new USDC-margined perpetual trading pairs. The campaign offers various discounts and rebates for traders, including a 10% trading fee discount and rebate vouchers for deposits. As part of the campaign, Binance Futures has created a dynamic rewards pool for power users, allowing them to share a prize pool of up to $45,000. With the expansion of its product offerings, Binance Futures aims to attract more users and capitalize on the improving market sentiment. Only time will tell if the anticipated bullish market will materialize.

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Exciting news: Binance Futures introduces $170k incentive for USDC-based Futures trading