#BinanceAlpha$1.7MReward
Binance Announces $1.7 Million Reward Program for SUI Ecosystem Traders on Binance Alpha
The hashtag #BinanceAlpha$1.7MReward refers to a recently launched trading competition by Binance, the world's largest cryptocurrency exchange. The "SUI Ecosystem Trading Competition" boasts a substantial prize pool of approximately $1.7 million in SUI-related tokens, aimed at boosting engagement and liquidity within the SUI network through its Binance Alpha platform.
The competition, which commenced on May 16, 2025, and is scheduled to run until May 30, 2025, invites traders to participate by trading selected SUI ecosystem token pairs. Participants will be ranked based on their cumulative trading volume during the promotional period.
Key Details of the Competition:
Platform: Transactions must be executed exclusively through Binance Wallet (Keyless) or directly on the Binance Alpha platform.
Eligible Tokens & Reward Structure: The $1.7 million prize pool is distributed across various SUI ecosystem tokens. Specific rewards are allocated for top traders of tokens including SCA, BLUE, NAVX, HIPPO, NS, and SUI. For example:
SCA: Top 3,000 eligible users will share 1,248,000 SCA (416 SCA per winner).
BLUE: Top 8,000 eligible users will share 5,000,000 BLUE (625 BLUE per winner).
NAVX: Top 5,000 eligible users will share 5,000,000 NAVX (1,000 NAVX per winner).
HIPPO: Top 2,000 eligible users will share 50,000,000 HIPPO (25,000 HIPPO per winner).
NS: Top 4,000 eligible users will share 1,000,000 NS (250 NS per winner).
SUI: Top 4,000 eligible users will share 60,000 SUI (15 SUI per winner).
Users can be eligible for rewards from multiple token pools if they meet the respective trading requirements.
Excluded Activities: Trades involving SUI/USDC or other SUI-stablecoin pairs, token bridging activities, and transactions on third-party decentralized applications (dApps) will not count towards the eligible trading volume.
Reward Distribution: Rewards are scheduled to be distributed to eligible users' Binance Alpha accounts by June 13, 2025.
