This is a general announcement. The products and services mentioned herein may not be applicable in your location. Terms and conditions apply.

Dear user:

Binance Wallet launches the KGeN trading contest on Binance Alpha! During the event, share exclusive token rewards by trading KGeN (KGEN) with your Binance Wallet (no private key) or through Binance Alpha.

• First batch of KGEN trading contest event time: from 21:00 on 20 Aug 2026 to 21:00 on 27 Aug 2026 (GMT+8 time)

• Second batch of KGEN trading contest event time: from 21:00 on 27 Aug 2026 to 21:00 on 03 Sep 2026 (GMT+8 time)

General rules​​:

Participants will be ranked separately during the two event periods based on their total buy trading volume of KGEN tokens during each respective event period.

In the two event periods, the top 2,000 users ranked by KGEN token buy trading volume will share 590,000 KGEN tokens equally. Each eligible user will receive 295 KGEN tokens.

During the event period, the rewards mechanism will place greater emphasis on early trading and continued participation, making reward distribution more fair, returns more transparent, and the participation threshold more friendly. To this end, we will introduce an early bird bonus coefficient.

To further encourage broader participation, we will also introduce a newcomer trader bonus coefficient.

Early bird bonus coefficient:

The earlier you trade, the higher the returns. During the event period, trades completed earlier will receive a higher bonus coefficient, thereby increasing the user’s baseline trading volume.

Daily contest effective trading volume calculation: Daily effective trading volume = Actual trading volume × Early bird bonus coefficient

* Total trading volume for the contest equals the sum of each day’s effective trading volume during the event period.

During the event period, the trading volume generated by users on the following dates will use the corresponding bonus coefficient when calculating the rankings:

Newcomer trader bonus multiplier:​​

In this event, “newcomer trader” refers to users who, as of 3 days before the start of the event (as of that time), have fewer than 3 winning occurrences in the Binance Wallet Alpha Trading Competition.

Qualified newcomer traders will receive 1.2x of the newcomer trader trading bonus on their actual trading volume during the event, provided they comply with the bonus cap. Note:​​

• The qualification of newcomer traders will be determined based on the data snapshot from the three days before the event starts.

  • Example: If a user’s cumulative number of historical wins reaches exactly 3 after the end of a trading contest (Day T), then for a new event starting on T+1 and T+2, the qualification snapshot is taken before the 3rd win, so they can still enjoy the newcomer trader bonus. However, for events starting on T+3 or later, when the snapshot is taken their historical win count is already 3 or more, so they will no longer qualify as a newcomer trader.

• The cap for the newcomer trader bonus refers to the maximum actual trading volume for which a user can enjoy the newcomer trader bonus during the event. Once a user reaches the cap, their subsequent trading volume will no longer receive the newcomer trader bonus.

If a user simultaneously satisfies both the early bird bonus multiplier and the newcomer trader bonus, the calculation of the effective trading volume is as follows:

Effective trading volume = Actual trading volume × Early bird bonus multiplier + min(Actual trading volume, Remaining newcomer trader bonus cap) × Newcomer trader bonus multiplier

The final ranking will be calculated based on the total sum of each user’s effective trading volume during the event. A user’s total effective trading volume is the sum of their daily effective trading volumes throughout the event period.

Example

User A generates an actual trading volume of 10,000 USDT on Day 1. The early bird bonus multiplier for Day 1 is 2.0x. User A also qualifies for a 1.2x newcomer trader trading bonus. The newcomer trader trading bonus cap is 5,000 USDT.

User A’s effective trading volume calculation for Day 1 is as follows:

• Early bird bonus portion: 10,000 × 2.0 = 20,000 USDT

• Newcomer trader trading bonus portion: User A’s actual trading volume (10,000 USDT) exceeds the newcomer trader bonus cap (5,000 USDT), so only 5,000 USDT can receive the newcomer trader bonus → 5,000 × 1.2 = 6,000 USDT

Day 1 effective trading volume = 20,000 + 6,000 = 26,000 USDT

After Day 1, User A’s 5,000 USDT newcomer trader trading bonus cap has been fully used up, and they will no longer receive the newcomer trader trading bonus afterward.

Please note:​​

• Only trading via Binance Wallet (without private keys)​​ or Binance Alpha​​ qualifies for this event. Third-party dApp trading is not included.

• During the event, only cumulative buy volume counts toward trading volume; sell orders do not count.

• ​​No trading volume limit​​: During this event, each participant’s trading volume has no cap.

• Trading related to cross-chain bridges does not count toward the trading volume for this event.

• Starting from 2025-06-17 08:00 (GMT+8 time), the trading volume generated between Alpha token trading pairs will no longer be counted toward Alpha points. This trading volume will also not be counted in the trading competition, and will not affect related rankings.

• Reward distribution details:

  • All rewards will be calculated according to the reward allocation rules above. Eligible users may claim their KGEN token rewards.

  • Token rewards will be distributed to eligible users on or before 2026-09-17 21:00:00 (GMT+8 time). You must complete the claim within 14 days after the rewards are distributed. Claims not made within the deadline will be deemed automatically forfeited, and rewards will not be reissued.

  • Eligible winning users can view and claim the corresponding token rewards via their Binance Alpha account or Binance Wallet (without private keys).

How to participate:

1. Users must complete registration by clicking the 【Register】 button on the Binance App event page. Only the trading volume generated after successfully clicking 【Register】 will be counted toward the effective trading volume for this event.

2. Update your Binance App to the latest version to ensure you have created a Binance Wallet (without private keys) and backed it up.

3. During the event period, trade KGEN tokens on Binance Wallet (without private keys) or Binance Alpha.

4. After the event ends, rankings will be calculated automatically. Eligible winners can claim their rewards on the event page.

Terms and Conditions:

• These Terms and Conditions (“Event Terms”) apply to users’ participation in the above-mentioned event (“Event”). By participating in this event, users are deemed to agree to these Event Terms and the following additional terms: (a) Binance Prize Promotion Terms and Conditions; (b) Binance Wallet Terms of Use; and (c) Binance Wallet Privacy Statement; all of the above terms are incorporated into these Terms and Conditions by reference.

• If there is any inconsistency or conflict between these Event Terms and any other incorporated terms, these Event Terms shall prevail, and the following order of precedence shall apply, in turn, within the scope of the conflict: (a) Binance Prize Promotion Terms and Conditions; (b) Binance Wallet Terms of Use; (c) Binance Wallet Privacy Statement.

• Only users who maintain an active Binance account on the Binance platform are eligible to participate in this event. For users who delete or disable their Binance Wallet and/or Binance account, token rewards will not be issued.

• If an account is involved in any dishonest conduct (e.g., wash trading, illegal bulk account registration/login, self-trading, or market manipulation), Binance reserves the right to disqualify the user from receiving rewards. For any participants who tamper with Binance program code or use other software to interfere with the operation of Binance program code, Binance reserves the right to disqualify them from participation;

• Binance reserves the right, at its sole discretion, to decide and/or modify or change the event or event rules at any time without further notice, including but not limited to canceling, extending, terminating, or suspending this event, eligibility terms and standards, the selection and number of winners, and the timing of taking any actions. All participants are subject to these revised terms;

• The English original announcement and the translated versions may differ. If there is any discrepancy, please refer to the English original version for the latest or most accurate information.

Thank you for your support of Binance!

Binance Team

2026-08-20

Disclaimer:

Binance Alpha features emerging digital assets, which typically have a relatively low market capitalization and unique or novel characteristics. Due to potential volatility in digital asset prices, the investment value of your Alpha assets may increase or decrease, and you may lose all or part of your principal. Please note that for Binance Alpha: (i) due to the high price volatility of Alpha assets, the risk of losing all or part of your investment is correspondingly amplified; (ii) when purchasing Alpha assets, you are subject to price slippage and on-chain fees, which may negatively impact the price of Alpha assets; (iii) for avoidance of doubt, once Alpha assets are transferred to the Binance platform, the related services are no longer provided by Binance Barbados and the Binance platform services terms shall apply. You are solely responsible for your investment decisions. In any event, Binance shall not be responsible for any losses you may incur directly or indirectly from investing in Alpha assets. Please read carefully the (Terms of Use) and (Risk Disclosure), and be sure to conduct your own independent research.