Binance to Launch Sperax Trading Competition with SPA Rewards

According to the announcement from Binance, the platform is set to introduce the Sperax Trading Competition on Binance Alpha, offering participants the chance to earn exclusive token rewards. The competition will run from July 13, 2025 14:00 (UTC) to July 27, 2025 14:00 (UTC). During this period, users can trade SPA tokens using their Binance Wallet (Keyless) or via Binance Alpha to qualify for the rewards. The competition is open to all users eligible to trade Binance Alpha tokens. Participants will be ranked based on their total purchase volume of SPA tokens during the promotion period. The top 9,000 users will share a pool of 44,100,000 SPA tokens, with each receiving 4,900 SPA. It is important to note that only trades executed through Binance Wallet (Keyless) or Binance Alpha will be considered, and third-party dApp transactions are excluded. Additionally, only cumulative purchases will count, and there is no cap on trading volume for participants. Trading volume from Binance Alpha-to-Alpha token pairs will not contribute to the competition rankings. To participate, users must update their Binance App to the latest version, create a Binance Wallet (Keyless), and back it up. After the promotion ends, rankings will be calculated automatically, and eligible winners will receive their rewards in their Binance Alpha accounts by August 10, 2025 16:00 (UTC).