Binance to Launch Merlin Trading Competition with MERL Token Rewards

According to Binance's official announcement, Binance Wallet is set to introduce the Merlin Trading Competition on Binance Alpha. This event will allow participants to trade MERL tokens and share exclusive rewards. The competition is scheduled to run from 2025-05-20 09:00 (UTC) to 2025-06-03 09:00 (UTC). Participants will be ranked based on their total purchase volume of MERL tokens during this period. The top 10,000 users will equally share a pool of 9,840,000 MERL tokens, translating to 984 MERL per user. **Eligibility and Participation**- Only trades executed via Binance Wallet (Keyless) or Binance Alpha will qualify for this promotion.- Third-party dApp transactions and sell volumes are excluded.- There is no cap on the trading volume for each participant.- Transactions related to bridging of tokens are not eligible. To participate, users must update their Binance App to the latest version, create a Binance Wallet (Keyless), and back it up. During the promotion, trading MERL on Binance Wallet (Keyless) or Binance Alpha is required. Rankings will be automatically calculated after the promotion ends, and eligible winners will receive their rewards in their Binance Alpha accounts. **Terms and Conditions**Participants must agree to the Activity Terms, which include Binance's Terms and Conditions for Prize Promotions, Terms of Use, and Privacy Policy. Only users from qualified regions who complete account verification (KYC) and hold an active Binance Wallet are eligible. Users are responsible for complying with any regional restrictions regarding Binance services. Rewards will be distributed in MERL tokens by 2025-06-17 16:00:00 (UTC) and can be checked in Binance Alpha accounts or Binance Wallet (Keyless). Binance reserves the right to disqualify users involved in dishonest behavior, such as wash trading or market manipulation. The company also retains the right to amend or cancel the activity without prior notice. Users are advised to refer to the original English version of the announcement for the most accurate information.