Chica Crypto

According to the announcement from Binance, Binance Wallet will launch the KiiChain Trading Competition on Binance Alpha, with eligible users able to trade KiiChain (KII) in Binance Wallet (Keyless) or via Binance Alpha to receive token rewards. The competition is open to any user eligible to trade Binance Alpha tokens. The first promotion period runs from 2026-08-18 13:00 (UTC) to 2026-08-25 13:00 (UTC), followed by a second period from 2026-08-25 13:00 (UTC) to 2026-09-01 13:00 (UTC). Participants will be ranked by total KII purchase volume during the promotion periods, and the top 2,500 users by purchase volume will share 1,540,000 KII tokens equally, or 616 KII per user. Binance said the reward structure is designed to place greater emphasis on early trading and consistent participation through two multipliers: the Early Bird Boost Multiplier and the Rising Trader Boost Multiplier.

Competition rules and reward calculation are based on effective trading volume. The Early Bird Boost Multiplier gives higher weight to earlier trades during each promotion period, with daily multipliers set at 3.0x for the first two trading days, 2.5x on the third day, 2.0x on the fourth day, 1.8x on the fifth day, 1.3x on the sixth day, and 1.0x on the seventh day. Binance also introduced the Rising Trader Boost Multiplier for users who, as of three days before the promotion period begins, have won rewards in fewer than 3 previous Binance Wallet Alpha trading competitions. Eligible Rising Traders receive a 1.2x boost on actual trading volume, subject to a cap. If both boosts apply, effective trading volume is calculated using both the early trading multiplier and the remaining Rising Trader Boost Cap. Rewards will be claimable in KII tokens by eligible users before 2026-09-15 13:00:00 (UTC), and claims must be completed within 14 days after rewards become claimable.