Binance to Launch Notcoin Trading Tournament with $120,000 USDC Prize Pool

According to the announcement from Binance, the platform is set to host a Notcoin (NOT) Trading Tournament, offering eligible participants a chance to share a prize pool totaling 120,000 USDC in token vouchers. The tournament will run from 2026-05-07 10:00 (UTC) to 2026-05-14 10:00 (UTC). An 'Early Bird Boost' multiplier is introduced to incentivize early trading, enhancing users' effective trading volume. Eligibility for participation includes all verified new, regular users, and Binance VIP users, excluding liquidity providers in the Binance Spot Liquidity Provider Program and Binance Brokers. Participants must trade a cumulative amount of at least 500 USD equivalent in the eligible trading pairs, NOT/USDT and NOT/USDC, during the promotion period to qualify for rewards. The reward structure is based on cumulative trading volume, with the top five participants receiving between 6,000 USDC and 1,200 USDC. Participants ranked 6th to 1,000th will share varying amounts of USDC, with remaining eligible participants receiving up to 5 USDC each. The Early Bird Boost multiplier decreases over time, rewarding earlier trades with higher multipliers. The daily multipliers range from 2x on the first day to 1x on the last day. Trading volume from zero-fee pairs and transaction fees are excluded from the final calculation. Token vouchers will be distributed by 2026-05-28 and must be redeemed within 21 days. The leaderboard, updated daily, will display the total effective trading volume. Binance reserves the right to disqualify participants engaging in dishonest behavior or tampering with program code. The tournament's commencement is contingent upon the successful listing of the relevant token on Binance Spot.