Binance announced on X that the Binance Alpha KII trading competition is now open, with participants able to trade KII on the Binance Alpha platform for a share of $200,000 in rewards. To have trading volume counted as valid for the event, users must tap the Participate button on the App event page and complete successful registration first. The announcement said the competition will use users' cumulative buy volume during the event period, while sell orders will not be counted. It also introduced a new rising trader bonus, under which eligible Alpha competition traders can unlock a 1.2x trading volume boost, with full rules available in the event announcement. In addition, an early-bird multiplier has been added, giving higher boosts to earlier trades, with a 3.0x multiplier available on the first day of trading. The notice did not provide additional details beyond the competition mechanics, eligibility features, and reward structure.