#MerlinTradingCompetition
The Merlin Trading Competition is a popular event among crypto traders, offering a chance to showcase skills and compete for rewards. Here's what you need to know:
*Competition Overview*
The competition, hosted by Binance Wallet on Binance Alpha, challenges participants to trade Merlin (MERL) tokens and share exclusive token rewards. The event started on May 20, 2025, and will run until June 3, 2025.
*Key Features*
- *Rewards:* Top 10,000 users by purchase volume will share 9,840,000 MERL tokens equally, with each winner receiving 984 MERL tokens.
- *Eligibility:* Users must have a verified Binance account, an active Binance Wallet, and trade MERL tokens via Binance Wallet (Keyless) or Binance Alpha.
- *Ranking:* Participants will be ranked by total purchase volume, with only cumulative purchases considered.
*How to Participate*
1. Update your Binance App to the latest version.
2. Create and back up a Binance Wallet (Keyless).
3. Trade MERL tokens on Binance Wallet (Keyless) or Binance Alpha during the promotion period ¹.
*Market Insights*
Merlin's trading competition has seen significant engagement, with:
- Over $3 million in 24-hour trading volume.
- More than 5,000 new wallets connected in 48 hours.
- Leaderboard shifts, with top traders achieving up to 320% profit ².
