The Roam (ROAM) Trading Competition, launched in conjunction with Binance Alpha, offers participants the chance to trade ROAM tokens and share in a massive reward pool—with up to $1 million in prizes up for grabs, depending on campaign specifics and trading volumes.
Key Details of the Roam Trading Competition
Launch and Platform: The competition began on June 13, 2025, following ROAM’s debut on Binance Alpha. This event is designed to boost liquidity and user engagement for the Roam token, leveraging Binance’s established trading competition framework12.
Reward Pool: The official reward pool for the trading competition is 4.92 million ROAM tokens. Given ROAM’s current market price of approximately $0.17, this equates to roughly $840,000 in rewards at the time of launch. However, promotional materials and similar events by major exchanges often round up or combine multiple prize pools, which may be why a “$1M” figure is referenced in some communications2.
Trading Incentives: Traders who participate in buying and selling ROAM on Binance Alpha during the event period are eligible for a share of the prize pool, with rewards typically distributed based on trading volume or other performance metrics.
Airdrop Component: In addition to the trading competition, Binance Alpha is running a parallel airdrop event where users with 247 Alpha points can claim 372 ROAM tokens each. This airdrop further incentivizes participation and helps distribute ROAM to a broader audience12.
Liquidity and Engagement: The event is expected to significantly increase trading volumes and liquidity for ROAM, both on Binance Alpha and through cross-chain integrations like Meteora DEX. This surge in activity can attract arbitrage opportunities and new traders, but also introduces risks such as volatility and potential market manipulation12.
How to Participate
Update Your Binance App: Ensure you have the latest version of the Binance app and your wallet is secure.
Check Eligibility: Confirm if you have the required Alpha points for the airdrop and meet any other competition criteria.
Trade ROAM: Buy and sell ROAM on Binance Alpha during the competition period to qualify for rewards.
Monitor Rewards: Track your trading volume and check the event page for updates on your share of the prize pool.
Summary
The Roam Trading Competition on Binance Alpha is a high-profile event offering significant rewards for participants, with up to $1 million in prizes referenced in some campaigns. The competition is structured to maximize liquidity, trading activity, and community engagement around the ROAM token, making it an attractive opportunity for active traders in the crypto market
