#CryptoFees101 According to the announcement from Binance, the platform is set to introduce the Open Loot Trading Competition on Binance Alpha. This event will take place from 2025-06-08 06:00 (UTC) to 2025-06-22 06:00 (UTC). Participants can trade OL tokens using their Binance Wallet (Keyless) or through Binance Alpha to earn exclusive token rewards. The competition is open to all users eligible to trade Binance Alpha tokens.
Competition Details: Participants will be ranked based on their total purchase volume of OL tokens during the promotion period. The top 10,000 users by purchase volume will share a pool of 16,000,000 OL tokens, with each receiving 1,600 OL tokens. Only trades executed via Binance Wallet (Keyless) or Binance Alpha will qualify, and third-party dApp transactions are excluded. The competition focuses solely on cumulative purchases, excluding sales, and there is no cap on trading volume for participants. Transactions related to token bridging are not eligible