#MerlinTradingCompetition Here is the latest update on the **#MerlinTradingCompetition** based on the survey results:

### 1. **Competition Overview**

The Binance Wallet and Binance Alpha launched the **Merlin Trading Competition**, offering a **total prize of 1 million dollars** in MERL tokens. The event runs from **May 20, 2025, 17:00 (GMT+8) to June 3, 2025, 17:00 (GMT+8)** .

### 2. **How to Participate**

- Buy **MERL tokens** via **Binance Wallet (no key)** or **Binance Alpha** during the event period.

- The **10,000 top users** by total purchase volume of MERL **will each receive 984 MERL tokens** (totaling 9,840,000 MERL distributed) .

### 3. **Additional Benefits**

- Binance Alpha users with **193+ Alpha points** can request an **airdop of 1,000 MERL** (consuming 15 points). This was available starting **May 20, 9:00 UTC**, with a 24-hour request window .

### 4. **Key Highlights**

- **No staking or complex rules**: Rewards are purely based on trading volume .

- **Eligibility**: Open to users in supported regions, excluding restricted jurisdictions .

### 5. **Current Status (as of May 22, 2025)**

The competition is **ongoing**, with approximately 12 days remaining. Participants can still join to compete for the best positions.