Crypto traders have a new reason to celebrate. Binance Wallet is rolling out one of its most exciting events to date, the Merlin Trading Competition. Hosted on Binance Alpha, this competition invites users from eligible regions to trade MERL tokens and share a massive $1 million reward pool. As Binance continues to expand its trading ecosystem, this event stands out for both its generous prize structure and accessibility. 

Whether you’re a casual trader or a frequent user of Binance Wallet (Keyless), this competition presents a golden opportunity to engage with one of the most talked-about new tokens, MERL token, and earn significant rewards along the way. Starting May 20, 2025, and running until June 3, 2025, this limited-time competition is geared to drive more participation, enhance wallet utility, and support MERL’s growing ecosystem.

What is the Merlin Trading Competition and How Does It Work?

The Merlin Trading Competition is a promotional campaign designed for users trading MERL tokens via Binance Wallet or Binance Alpha. The idea is simple, the more MERL you purchase, the better your chances of earning a reward. Participants will be ranked based on their total purchase volume of MERL tokens during the competition period. The top 10,000 eligible traders will be selected and awarded equal shares from a pool of 9,840,000 MERL tokens, amounting to 984 MERL per participant. There’s no complex scoring model, no hidden criteria. If you’re eligible to trade Binance Alpha tokens, you’re eligible to join this competition. It’s straightforward and fair, with a huge reward pool up for grabs.

Who Can Participate in This MERL Token Event?

To join, all you need is access to the Binance Wallet (Keyless) or the ability to trade via Binance Alpha. There are no hidden fees or extra requirements beyond that. However, Binance does note that certain regions may be restricted due to local regulations, so it’s important to verify your eligibility on the platform. If you’ve already traded on Binance Alpha or used the Binance Wallet, you’re just a few steps away from becoming part of the Merlin Trading Competition.

Why MERL Token and Binance Alpha Deserve Your Attention?

MERL isn’t just another altcoin in the Binance ecosystem. It represents a new direction in token utility, and Binance seems to be backing it with confidence, judging by the scale of this event. With MERL token trading now incentivized through this competition, its visibility and trading volume are expected to rise significantly in the coming weeks. Meanwhile, Binance Alpha, the trading arm that allows experimental and emerging token listings, has become a hub for early adopters looking for an edge. Combining MERL’s potential and Binance Alpha’s reach, the Merlin Trading Competition creates the perfect storm for both investors and enthusiasts.$BTC $ETH