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Binance News
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Binance Launches Gold vs. BTC Trading Competition with Dynamic Prize Pool
According to the announcement from Binance, the platform is set to launch a new trading competition titled 'Gold vs. BTC,' inviting users to choose between the enduring value of gold and the digital supremacy of Bitcoin. The promotion period is scheduled from 2026-04-22 01:00 (UTC) to 2026-05-10 23:59 (UTC). Participants can join by selecting either Team Gold or Team BTC on the activity page and achieving a cumulative trading volume of at least $100 equivalent in designated pairs on Binance Spot and Futures. Team Gold includes trading pairs such as XAUT/USDT, XAUT/USDC, and XAUTUSDT Futures, while Team BTC comprises BTC/USDT, BTC/USDC, and BTCUSDT Futures.
The competition will be determined by the number of eligible new traders, defined as users who have not previously traded Spot or Futures on Binance before 2026-04-22 00:00 (UTC) and who reach the required trading volume during the promotion. The dynamic prize pool, up to 200,000 USDC in token vouchers, will be allocated based on the total number of eligible new traders participating. The team with the higher number of eligible new traders will win the competition, with the prize pool distributed as 75% to the first team and 25% to the second. In the event of a tie, both teams will split the total prize pool equally.
Rewards will be distributed across three categories: New Traders Pool, Referrer Pool, and Existing Traders Pool. Eligible new traders will share 60% of their team's reward, referrers will receive 30%, and existing traders will split 10%. Binance emphasizes that only trades meeting the minimum threshold and free from abnormal trading behaviors will be counted. The platform reserves the right to disqualify participants engaging in dishonest practices or tampering with program code. Rewards are expected to be distributed by 2026-05-31.
The competition will be determined by the number of eligible new traders, defined as users who have not previously traded Spot or Futures on Binance before 2026-04-22 00:00 (UTC) and who reach the required trading volume during the promotion. The dynamic prize pool, up to 200,000 USDC in token vouchers, will be allocated based on the total number of eligible new traders participating. The team with the higher number of eligible new traders will win the competition, with the prize pool distributed as 75% to the first team and 25% to the second. In the event of a tie, both teams will split the total prize pool equally.
Rewards will be distributed across three categories: New Traders Pool, Referrer Pool, and Existing Traders Pool. Eligible new traders will share 60% of their team's reward, referrers will receive 30%, and existing traders will split 10%. Binance emphasizes that only trades meeting the minimum threshold and free from abnormal trading behaviors will be counted. The platform reserves the right to disqualify participants engaging in dishonest practices or tampering with program code. Rewards are expected to be distributed by 2026-05-31.