BinanceAlpha$1.7MReward Binance has launched a significant trading competition under the hashtag #BinanceAlpha$1.7MReward, offering over $1.7 million in rewards. This initiative is part of the SUI Ecosystem Trading Competition, running from May 16 to May 30, 2025.

🏆 Competition Highlights

Eligible Tokens: Trade SUI ecosystem tokens including SCA, BLUE, NAVX, HIPPO, NS, and SUI.

Participation Platforms: Engage via Binance Alpha or the Binance Wallet (Keyless).

Reward Distribution: Top traders will share in exclusive token prizes, with specific reward pools for each token. For instance:

SCA: 1,248,000 tokens distributed among the top 3,000 traders.

BLUE: 5,000,000 tokens for the top 8,000 traders.

HIPPO: 25,000 tokens for the top 1,000 traders.

NS: 1,000,000 tokens for the top 3,000 traders.

NAVX: 1,000,000 tokens for the top 3,000 traders.

SUI: 60,000 tokens shared among the top 4,000 traders.

📈 Binance Alpha Points System

To qualify for rewards, participants accumulate Binance Alpha Points, which are calculated based on:

Balance Points: Determined by the total crypto balance held.

Volume Points: Based on the cumulative trading volume of eligible tokens.

This system encourages consistent trading and holding of assets within the Binance ecosystem.

📊 Recent Developments

Since the introduction of the Alpha Points system, Binance Alpha has experienced a surge in activity:

Trading Volume: Exceeded $2.8 billion, with daily volumes surpassing $330 million. BinanceAlpha$1.7MReward#EthereumSecurityInitiative #MastercardStablecoinCards