Binance to Launch LA Trading Challenge with 2.5 Million LA Prize Pool

According to the announcement from Binance, the platform is set to introduce three promotional events as part of the LA Trading Challenge, offering a total prize pool of 2,500,000 LA in token vouchers. The promotion period is scheduled from 2025-07-10 06:30 (UTC) to 2025-07-24 06:30 (UTC). The first promotion, titled 'New Users Exclusive - Deposit to Share 375,000 LA,' is designed for new users who register with Binance during the promotion period. Eligible participants must deposit a cumulative amount of at least $100 equivalent in USDT and/or LA through Binance P2P, card, fiat, or crypto deposit. The first 7,500 users to meet these criteria will receive 50 LA in token vouchers. The second promotion, 'Open to All Users - Trade to Share 875,000 LA,' is available to all verified regular and VIP Binance users. Participants must trade a cumulative amount of at least $200 equivalent of LA on Binance Spot during the promotion period. The first 43,750 users to achieve this will receive 20 LA in token vouchers. The third promotion, 'Join the Trading Volume Tournament to Share Up to 1,250,000 LA in Rewards,' is also open to all verified regular and VIP users, excluding liquidity providers in the Binance Spot Liquidity Provider Program. Participants must trade a cumulative amount of at least $500 equivalent of LA on Binance Spot to qualify. Rewards are calculated based on the user's trading volume relative to the total trading volume of all eligible participants, with a cap of 2,000 LA token vouchers per user. All token vouchers will be distributed by 2025-08-09 and will expire within 21 days after distribution.