Binance Launches 'Team Up for BTC' Campaign with 1 Million USDC Prize Pool

According to the announcement from Binance, the platform is launching the 'Team Up for BTC' campaign, allowing users to form teams to purchase Bitcoin (BTC) and share in a 1,000,000 USDC prize pool. The promotion period is set from 2026-05-12 12:00 (UTC) to 2026-05-30 23:59 (UTC). Participants can either build or join teams, with options for 3, 5, or 10-person teams. Each team member must lock 100 USDC to confirm their participation, and once a team is complete, the locked USDC will be converted to BTC at real-time market prices. Rewards will be distributed to participants' Spot accounts within 48 hours of successful conversion. The campaign includes a reward structure based on team size. For a 3-person team, the leader receives 105 USDC, and each member receives 25 USDC. A 5-person team leader earns 201 USDC, with each member getting 10 USDC. For a 10-person team, the leader's reward is 502 USDC, and each member receives 20 USDC. New users registering with the referral code 'PIZZADAY26' can convert BTC individually and receive 3 USDC if their team does not complete the conversion. Participants are subject to Binance's risk assessment, and failure to pass may result in disqualification from rewards. The campaign is available on a first-come, first-served basis, with limited successful teams per category. Terms and conditions apply, and only users in eligible regions can participate. Binance reserves the right to amend the terms or cancel the promotion at its discretion. Participants must adhere to Binance's terms of use and privacy notice. The USDC rewards can be used for Spot trading, with withdrawal subject to completing a required trading volume. Binance emphasizes that all participants are subject to internal risk assessments, and any dishonest behavior may lead to disqualification.