Binance to Launch Kite (KITE) Token Promotions with 21.25 Million KITE Prize Pool

According to the announcement from Binance, the platform is set to celebrate the listing of Kite (KITE), an AI payment blockchain token, by launching a series of promotions. These promotions will offer eligible users the opportunity to share a total prize pool of 21,250,000 KITE in token vouchers. The promotion period is scheduled from 2025-11-03 12:00 (UTC) to 2025-11-17 12:00 (UTC). Promotion A will begin at the start of this period, while Promotions B and C will commence following the official listing of the KITE token on Binance Spot. Promotion A is open to all verified regular users and Binance VIP users. Participants can trade eligible pairs, including KITE/USDT, KITE/USDC, KITE/BNB, and KITE/TRY, to share up to 637,500 KITE. To qualify, users must trade a cumulative amount of at least 500 USD equivalent in these pairs during the promotion period. Rewards range from 20 to 120 KITE in token vouchers, limited to the first 106,250 users. Promotion B involves a Trading Volume Tournament, offering up to 20,187,500 KITE. Verified regular users and Binance VIP users can participate, excluding liquidity providers and Binance Brokers. Participants must trade a cumulative amount of at least 1,000 USD equivalent in eligible KITE pairs. Rewards are calculated based on the participant's trading volume relative to the total trading volume of all eligible participants. Promotion C invites users to share up to 425,000 KITE by referring friends. Participants must have at least one successful referral, defined as a new user trading a cumulative amount of at least 100 USD equivalent in eligible KITE pairs. Rewards are distributed based on referral rankings, with the top referrer receiving 10% of the total reward pool. Token vouchers for all promotions will be distributed by 2025-12-02 and will expire within 21 days after distribution.