Binance launches the Merlin Trading Competition with rewards in $MERL tokens
According to the official announcement from Binance, Binance Wallet intends to launch the Merlin Trading Competition on Binance Alpha. This event will allow participants to trade MERL tokens and share exclusive rewards. The competition is scheduled to run from 2025-05-20 09:00 (UTC) to 2025-06-03 09:00 (UTC). Participants will be ranked based on the total volume of MERL token purchases during this period. The top 10,000 users will equally share a pool of 9,840,000 MERL tokens, which amounts to 984 MERL per user.
**Eligibility and Participation**
- Only trades executed through Binance Wallet (without a key) or Binance Alpha are eligible for this promotion.
- Third-party dApp transactions and sales volumes are not considered.
- There are no trading volume restrictions for each participant.
- Transactions related to token bridges are not eligible.
To participate, users must update their Binance app to the latest version, create a Binance Wallet (without a key), and back it up. During the promotion, they need to trade MERL on Binance Wallet (without a key) or Binance Alpha. Rankings will be automatically calculated after the promotion ends.
Participants must agree to the Activity Terms, which include Binance's Terms and Conditions for prize promotions, Terms of Use, and Privacy Policy. Only users from eligible regions who have completed account verification (KYC) and have an active Binance Wallet are eligible. Users are responsible for complying with any regional restrictions regarding Binance services. Rewards will be distributed in MERL tokens by 2025-06-17 16:00:00 (UTC) and can be verified in Binance Alpha or Binance Wallet (without a key).
