$MERL Binance has announced the launch of a new trading competition in collaboration with the Merlin project, where a total of 9,840,000 MERL tokens will be distributed as rewards within the event taking place through the Binance Alpha platform and the Binance wallet (non-custodial). The competition begins on May 20, 2025, at 09:00 UTC and runs until June 3, 2025, at the same time. The ranking mechanism is based on the total volume of MERL token purchases by each user during the campaign period, and the top 10,000 participants will share the rewards equally, amounting to 984 MERL tokens each.
binance info/ar/support/announcement/
To participate, users must update the Binance app to the latest version, create a Binance wallet (non-custodial), and back it up. Eligible trading must be conducted through this wallet or solely via the Binance Alpha platform, as transactions from third-party dApps, sales volume, and token bridge-related transactions are excluded. There is no maximum trading volume per user, giving everyone an equal opportunity to compete based on their purchasing activity.
Active participation requires completing identity verification (KYC) and compliance with Binance's terms and policies regarding rewards, usage, and privacy, considering that some regions may be subject to regulatory restrictions. Prizes will be distributed in MERL tokens to winners' accounts on Binance Alpha or in the non-custodial wallet by June 17, 2025, at 16:00 (UTC).
Binance reserves the right to disqualify any participant found to be involved in dishonest practices such as wash trading or market manipulation, and it may modify or cancel the event without prior notice. Participants are advised to refer to the official announcement in English to ensure the accuracy of information and full compliance with the terms.
