Binance Alpha COLLECT Trading Competition Offers $200,000 in Rewards and Trading Volume Boosts

Binance Wallet announced on X that the Binance Alpha COLLECT Trading Competition is now open, with $200,000 worth of rewards available. Participants can join through the Binance App event page by selecting Join, which starts trade volume tracking for the campaign. The announcement says only buy volume counts, while selling is excluded. It also notes that qualified Alpha competition traders can unlock a new Rising Trader Boost, which provides a 1.2x trading volume boost for eligible users. In addition, the Early Bird Multiplier is active, with earlier trades receiving a higher boost. Trades made on Day 1 receive a 2.0x multiplier. The notice directs users to campaign details to check eligibility for the boost, but does not provide additional terms in the post.