Binance Wallet to Run RateX Perpetuals Trading Competition With $50,000 Rewards Pool

Binance Wallet announced on X that it is running a RateX Perpetuals Trading Competition, with a stated rewards pool worth $50,000. The competition period is scheduled for 10:00 on July 7 to 10:00 on July 17 (UTC). The announcement said the competition is tied to trading the RTXUSDT perpetuals contract and that participants can track their trading volume through the event page in the Binance app by selecting the Join option. Competition Rules and Volume Requirements Binance Wallet said both opening and closing volumes will be counted toward a participant’s total trading volume. It added that volume from both long and short trades will be included in the calculation. The announcement also set a minimum trading volume requirement of 1,000 USDT for eligibility. Binance Wallet directed users to the event page for additional details about the competition.