Binance Wallet has officially launched the Metaplex (MPLX) trading competition on Binance Alpha, commencing on July 6, 2025, at 21:00 GMT+8 and concluding on July 20, 2025, at the same hour. This event allows users to earn exclusive token rewards by trading MPLX either directly through Binance Wallet, which operates without requiring a private key, or via the Binance Alpha platform. Eligibility extends to all users authorized to trade Binance Alpha tokens, broadening participation across the exchange’s user base.
Participants will be ranked according to their cumulative MPLX token purchases throughout the competition. The top 12,500 traders will share a total reward pool of 8,912,500 MPLX tokens, equating to 713 MPLX tokens per qualifying user. This initiative underscores Binance’s commitment to incentivizing active trading and liquidity provision within its ecosystem, while offering tangible value to its community through structured token distribution.