According to the announcement from Binance, a competitive trading event titled 'Pakistan Crypto Clash' is set to take place, featuring some of Pakistan's most prominent crypto personalities. Participants will have the opportunity to compete for a share of up to $50,000 in USDT token vouchers. The event is open to all verified regular and VIP 1 to 6 users, with the exception of liquidity providers in the Binance Spot Liquidity Provider Program. The pre-registration period is scheduled from 2025-08-13 00:00 (UTC) to 2025-08-14 23:59 (UTC), followed by the promotion period from 2025-08-15 00:00 (UTC) to 2025-08-29 23:59 (UTC).
Participants can join by opting in on the Team Competition page, where they can select from existing teams led by one of the 10 pre-selected KOLs. Team switching is allowed once per day during the pre-registration period, but no changes are permitted once the competition begins. To qualify for the PnL leaderboard, participants must accumulate at least $200 in trading volume on Binance Spot or Futures products. The competition excludes trading volume from USD stablecoin pairs with zero trading fees. The prize pool is dynamic, determined by the number of eligible participants who trade at least $200 during the promotion period. Rewards are distributed based on team rankings, with the top team unlocking 25% of the prize pool. Internal team rewards are split among the KOL, top 20 PnL contributors, and remaining team members. Binance reserves the right to disqualify participants engaging in dishonest behavior and may amend the promotion terms at its discretion. Token voucher rewards will be distributed by 2025-09-15 and must be claimed within 14 days of distribution.