Binance Alpha Starts Two CT Trading Rounds With 258,000 CT Each

Binance Alpha is running a two-round trading competition for Concrete (CT), announced on October 1,

Two competition periods

The first round runs from October 1 at 21:00 to October 8 at 21:00 Hong Kong time. The second runs from October 8 at 21:00 to October 15 at 21:

What counts

Users must select Join on the Binance event page before trading. Eligible activity is limited to CT purchases through Binance Wallet (Keyless) or Binance Alpha. Sales, third-party dApp activity, token bridging and Alpha-to-Alpha token pairs do not count.

The competition ranks eligible purchase volume after multipliers. Trading on the first two days of either round receives a 3.0x multiplier; the multiplier then falls to 2.5x on day three, 2.0x on day four, 1.8x on day five, 1.3x on day six and 1.0x on day seven. Users who had fewer than three previous Binance Wallet Alpha competition wins at the snapshot taken three days before a round may also receive a 1.2x Rising Trader boost on up to 5,000 USDT of actual volume in that round.

Binance says rewards will be claimable by October 29 at 21:00 Hong Kong time. Winners have 14 days after rewards become claimable to collect them. Participants need an active Binance account that is eligible to trade on Binance Alpha. Only users who rank in the top 2,000 of a round receive rewards.