Sperax (SPA) Trading Competition: Share in $550,000 Worth of Rewards
Binance Wallet is kicking off the Sperax Trading Competition on Binance Alpha. Between July 13 and July 27, 2025, users who trade SPA using their Binance Wallet (Keyless) or through Binance Alpha will have a chance to win a portion of the prize pool. If you’re eligible to trade Binance Alpha tokens, you’re welcome to join.
Promotion Timeline:
Starts: July 13, 2025 at 14:00 (UTC)
Ends: July 27, 2025 at 14:00 (UTC)
Competition Details:
Participants will be ranked based on the total volume of SPA they purchase during the competition. The top 9,000 traders will each receive 4,900 SPA tokens, totalling 44,100,000 SPA in rewards.
Things to Keep in Mind:
Only SPA purchases made through Binance Wallet (Keyless) or Binance Alpha count.
Buying is what matters; selling doesn't count toward your total.
There’s no upper limit to how much you can trade.
Bridging transactions don’t count.
Trading between Alpha tokens won’t count toward rewards or affect rankings.
How to Join:
1. Make sure your Binance App is updated to the latest version.
2. Create and back up your Binance Wallet (Keyless) if you haven’t already.
3. Trade SPA using your Binance Wallet or through Binance Alpha during the promo period.
After the event wraps up, Binance will calculate the rankings automatically. Rewards will be distributed to the winners’ Binance Alpha accounts by August 10, 2025.
Eligibility and Terms:
To participate, users must be in an eligible region, complete identity verification (KYC), and have an active Binance Wallet. Tokens will not be sent to users who delete or deactivate their wallets before the distribution date.
Binance may disqualify participants who are found to be manipulating the competition, using multiple accounts, engaging in self-dealing, or interfering with platform operations. Binance also reserves the right to modify or cancel the competition at any time without prior notice.
Important Notes:
Rewards will be paid in SPA. You can check your rewards in your Binance Wallet or Alpha account once they’re distributed. Binance holds the right to determine who qualifies for rewards.
Disclaimer:
Trading digital assets involves risk. Prices can fluctuate, and you could lose part or all of your investment. This competition does not constitute financial advice. Always do your own research before making any financial decisions.
Binance Wallet is optional, and it’s up to you to decide whether it fits your needs. Binance is not liable for issues related to third-party apps used through the wallet. Binance Alpha features emerging digital assets with potentially higher volatility and lower market caps. These assets are not listed on the Binance Exchange and can't be withdrawn from it. Trading them comes with added risks.
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