Binance Alpha Launches Trading Competition with 300 MUon Prize Pool for Ondo Tokenized Securities
Binance Alpha Launches Ondo Tokenized Securities Trading Competition With 300 MUon Prize Pool
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Binance Wallet has initiated a week-long trading competition for Ondo tokenized securities on Binance Alpha, featuring a prize pool of 300 MUon. The event runs from June 3 to June 10, rewarding the top 6,000 users based on trading volume.
- 01The competition offers a total prize pool of 300 MUon for the top 6,000 users.
- 02It runs from June 3 to June 10, 2023.
- 03Participants can trade 80 eligible Ondo tokenized securities during the competition.
- 04New boost mechanisms include an Early Bird Boost Multiplier starting at 2.2x and a Rising Trader Boost Multiplier of 1.5x.
- 05Users can trade through Binance Wallet keyless or directly on Binance Alpha.
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Binance Wallet has launched a trading competition on Binance Alpha specifically for Ondo tokenized securities, offering a total prize pool of 300 MUon. This week-long event commenced on June 3 and will conclude on June 10, 2023. The competition is open to the top 6,000 users based on their cumulative effective trading volume. Participants can choose from 80 eligible Ondo tokenized securities to trade. Binance has introduced two new boost mechanisms to enhance user engagement: an Early Bird Boost Multiplier that starts at 2.2x on the first day and decreases to 1x by the final day, and a Rising Trader Boost Multiplier of 1.5x for users with fewer than five previous wins in Alpha trading competitions, subject to a volume cap. Users can trade either through Binance Wallet keyless or directly on Binance Alpha.
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