According to the announcement from Binance, the platform is set to launch the peaq Trading Competition on Binance Alpha, offering exclusive token rewards to participants. The competition will run from 2025-07-12 07:00 (UTC) to 2025-07-26 07:00 (UTC). Participants will be ranked based on their total purchase volume of PEAQ tokens during the promotion period. The top 11,000 users will share a total of 10,505,000 PEAQ tokens, with each eligible participant receiving 955 PEAQ tokens. Only trades executed via Binance Wallet (Keyless) or Binance Alpha will qualify, and third-party dApp transactions are excluded. Notably, there is no cap on trading volume for participants, and only cumulative purchases count, excluding selling activities.
To participate, users must update their Binance App to the latest version, create a Binance Wallet (Keyless), and back it up. After the promotion period ends, rankings will be automatically calculated, and eligible winners will receive their rewards in their Binance Alpha accounts before 2025-08-09 16:00:00 (UTC). Participants must adhere to the Activity Terms, which include Binance's Terms and Conditions for Prize Promotions, Terms of Use, and Privacy Policy. Only users from qualified regions who complete account verification (KYC) and hold an active Binance Wallet are eligible. Binance reserves the right to disqualify users involved in dishonest behavior or tampering with program code. Additionally, Binance may amend or vary the Activity Terms without prior notice, including canceling or extending the competition. Users are advised to refer to the original English version for the most accurate information.