The #MerlinTradingCompetition is now live on Binance Alpha, offering traders a chance to share in a $1 million reward pool by trading MERL tokens.
🧙♂️ What Is the Merlin Trading Competition?
Binance has launched the Merlin Trading Competition to promote the trading of Merlin Chain’s native token, $MERL. Participants who trade MERL through Binance Wallet (Keyless) or Binance Alpha between May 20 and June 3, 2025 (09:00 UTC) will be ranked based on their total purchase volume. The top 10,000 traders will each receive 984 MERL tokens, totaling 9,840,000 MERL in rewards.
🏆 How to Participate
• Update your Binance app to the latest version.
• Create and back up your Binance Wallet (Keyless).
• Trade MERL tokens via Binance Wallet (Keyless) or Binance Alpha during the promotion period.
• Rank among the top 10,000 traders by cumulative MERL purchase volume to win.
Note: Only purchase volumes are considered; sell volumes are excluded. There is no cap on trading volume, and bridging transactions are not eligible.
📈 MERL Token Performance
As of May 23, 2025, the MERL token is trading at approximately $0.093, with an intraday high of $0.112. The ongoing trading competition has contributed to increased trading activity and interest in the token.
📅 Important Dates
Competition Period: May 20 – June 3, 2025 (09:00 UTC)
Reward Distribution: By June 17, 2025
