According to the announcement from Binance, the platform is set to introduce the edgeX Trading Competition on Binance Alpha. This event will allow participants to trade edgeX (EDGE) tokens using their Binance Wallet (Keyless) or via Binance Alpha, with the opportunity to earn exclusive token rewards. The competition is scheduled to run from 2026-05-12 13:00 (UTC) to 2026-05-19 13:00 (UTC). Participants will be ranked based on their total purchase volume of EDGE tokens during the promotion period. The top 2,560 users will share a pool of 76,800 EDGE tokens, with each receiving 30 EDGE tokens.
The competition introduces an Early Bird Boost Multiplier, encouraging early and consistent trading. This multiplier increases a user's base trading volume, making early trades more valuable. The daily effective trading volume is calculated by multiplying the actual trading volume by the Early Bird Boost Multiplier. For example, trades made on the first day of the promotion will receive a 4x multiplier, while trades on the last day will not receive any multiplier. Only trades executed via Binance Wallet (Keyless) or Binance Alpha are eligible, and only cumulative purchases count towards the competition.
Rewards will be distributed in EDGE tokens and will be claimable by eligible users before 2026-05-26 13:00 (UTC). Users must claim their rewards within 14 days, or they will be forfeited. To participate, users must click 'Join' on the Binance App event page, and only trading volume generated after joining will be counted. Binance reserves the right to amend the terms of the competition at any time, and only users with active Binance accounts are eligible to participate.