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Dear Binance Community,

Binance Wallet is pleased to launch the GWEI Trading Competition on Binance Alpha! During the program period, trade ETHGas (GWEI) in Binance Wallet (Keyless) or via Binance Alpha to receive exclusive token rewards. Any user who is eligible to trade Binance Alpha tokens is eligible to participate in this trading competition.

  • Program duration for the GWEI Trading Competition Round 1: 2026-08-21 20:00 (Vietnam Time) to 2026-08-28 20:00 (Vietnam Time)

  • Program duration for the GWEI Trading Competition Round 2: 2026-08-28 20:00 (Vietnam Time) to 2026-09-04 20:00 (Vietnam Time)

General rules:

Participants will be ranked according to their total GWEI buy volume during the Program duration. The top 2,000 users by GWEI token buy volume during the Program duration will share 4,400,000 GWEI tokens equally (= 2,200 GWEI for each user).

Rewards are currently focused more on early trading and consistent participation during the Program duration, making the reward allocation fairer, returns clearer, and participation more accessible. To support this, we introduce the Early Bird enhancement multiplier.

To further encourage broader participation, we also introduce the Rising Trader enhancement multiplier.

Early Bird enhancement multiplier:

Now users can trade earlier to earn more. During the Promotional Period, earlier trades will receive a higher multiplier, helping to increase the user’s base trading volume.

Daily Effective Trading Volume is calculated as follows:

Daily Effective Trading Volume = Actual Trading Volume * Early Bird enhancement multiplier

Note: Total trading volume for the competition is the total of daily Effective Trading Volume during the Program duration.

The user’s base trading volume generated on the following trading days of the Promotional Period will receive the corresponding multiplier when calculating the ranking:

Trading Day

Eligible date and time (UTC)

Multiplier

Day 1

Program duration for the GWEI Trading Competition Round 1: 2026-08-21 13:00 to 2026-08-22 13:00

and

Program duration for the GWEI Trading Competition Round 2: 2026-08-28 13:00 to 2026-08-29 13:00

3.0x

Day 2

Program duration for the GWEI Trading Competition Round 1: 2026-08-22 13:00 to 2026-08-23 13:00

and

Program duration for the GWEI Trading Competition Round 2: 2026-08-29 13:00 to 2026-08-30 13:00

3.0x

Day 3

Program duration for the GWEI Trading Competition Round 1: 2026-08-23 13:00 to 2026-08-24 13:00

and

Program duration for the GWEI Trading Competition Round 2: 2026-08-30 13:00 to 2026-08-31 13:00

2.5x

Day 4

Program duration for the GWEI Trading Competition Round 1: 2026-08-24 13:00 to 2026-08-25 13:00

and

Program duration for the GWEI Trading Competition Round 2: 2026-08-31 13:00 to 2026-09-01 13:00

2.0x

Day 5

Program duration for the GWEI Trading Competition Round 1: 2026-08-25 13:00 to 2026-08-26 13:00

and

Program duration for the GWEI Trading Competition Round 2: 2026-09-01 13:00 to 2026-09-02 13:00

1.8x

Day 6

Program duration for the GWEI Trading Competition Round 1: 2026-08-26 13:00 to 2026-08-27 13:00

and

Program duration for the GWEI Trading Competition Round 2: 2026-09-02 13:00 to 2026-09-03 13:00

1.3x

Day 7

Program duration for the GWEI Trading Competition Round 1: 2026-08-27 13:00 to 2026-08-28 13:00

and

Program duration for the GWEI Trading Competition Round 2: 2026-09-03 13:00 to 2026-09-04 13:00

1.0x

Rising Trader enhancement multiplier:

Within this Program, “Rising Traders” are users who, as of three days before the start of the Program duration, have won any rewards in fewer than 3 prior Alpha trading competitions on Binance Wallet.

Eligible Rising Traders will receive a Rising Trader enhancement of 1.2x on the actual trading volume during the Program duration, depending on the Remaining Rising Trader enhancement Limit.

Note: 

  • The “Rising Trader” eligibility condition is determined as of three days before the start of the activity period.

    • Example: if a user wins a trading competition that ends on Day T and the total number of wins accumulated in their history reaches exactly 3 at that time, they are still eligible as a Rising Trader for new competitions starting on T+1 and T+2 (because the eligibility snapshot is taken before their 3rd win). However, for competitions starting from T+3 onwards, the number of wins in their history as of the eligibility snapshot will already be 3 or more, and they will no longer be eligible for Rising Trader enhancement rewards.

  • The Rising Trader enhancement Limit is the maximum actual trading volume that can receive the Rising Trader enhancement during the Program duration. Once a user reaches the Rising Trader enhancement Limit, the user will no longer receive Rising Trader enhancement for any trading volume generated thereafter.

If both the Early Bird enhancement multiplier and the Rising Trader enhancement apply, Effective Trading Volume will be calculated as follows:

Effective Trading Volume = Actual Trading Volume * Early Bird enhancement multiplier + min(Actual Trading Volume, Remaining Rising Trader enhancement Limit) * Rising Trader enhancement

The final ranking will be calculated based on the user’s total Effective Trading Volume during the Promotional Period. The user’s total Effective Trading Volume is the total of their daily Effective Trading Volume during the Promotional Period.

Example:

User A generates 10,000 USDT of actual trading volume on Day 1. The Early Bird enhancement multiplier for Day 1 is 2.0x and User A is also eligible to receive a Rising Trader enhancement of 1.2x. The Rising Trader enhancement Limit is 5,000 USDT.

User A’s Effective Trading Volume for Day 1 is calculated as follows:

  • Early Bird enhancement: 10,000 * 2.0 = 20,000 USDT

  • Rising Trader enhancement: since User A’s actual trading volume (10,000 USDT) exceeds the Rising Trader enhancement Limit (5,000 USDT), only 5,000 USDT is eligible for Rising Trader enhancement = 5,000 * 1.2 = 6,000 USDT

Effective Trading Volume for Day 1 = 20,000 + 6,000 = 26,000 USDT

After Day 1, User A’s 5,000 USDT Rising Trader enhancement Limit has been fully used. Therefore, User A will no longer receive Rising Trader enhancement for any trading volume generated thereafter during the Program duration.

Please note:

  • Only trades conducted via Binance Wallet (Keyless) or Binance Alpha on Binance Wallet are eligible in this Program. Third-party dApp transactions are excluded.

  • Only aggregated buy orders are counted as trading volume for the purposes of this Program. Sell orders are excluded.

  • No trading volume limit: There is no limit on trading volume per participant in this Program.

  • Token bridge trades are not eligible in this Program.

  • Effective from 2025-06-17 07:00 (Vietnam Time), trading volume generated from Alpha-to-Alpha token pairs will no longer be counted toward Alpha Points. Such trading volume will also be excluded from the Trading Competition and will not affect the competition ranking.

  • Reward allocation:

    • All rewards will be calculated according to the reward allocation rules stated above and can be claimed in GWEI tokens for eligible users.

    • Token rewards will be provided to eligible users before 2026-09-18 20:00:00 (Vietnam Time). Eligible users must complete claiming the rewards within 14 days after the rewards become claimable. Any rewards not claimed within this time period will be considered forfeited and will not be reissued.

    • Eligible winners can view and claim token rewards directly through their Binance Alpha account or Binance Wallet (Keyless) account.

How to participate:

  1. Tap [Join] on the Binance App event page to participate in the program. Only trading volume generated after successfully tapping [Join] will be counted as valid trading volume for the competition.

  2. Update Binance App to the latest version, make sure you have created a Binance Wallet (Keyless), and backed up your wallet.

  3. During the Program duration, trade GWEI on Binance Wallet (Keyless) or Binance Alpha.

  4. After the Promotional Period ends, the ranking will be calculated automatically. Eligible winners can claim rewards on the event page.

Terms and Conditions:

  • These Terms and Conditions (“Program Terms”) govern the users’ participation in the above program (“Program”). By participating in this Program, the user agrees to these Program Terms and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Wallet Terms of Use; and (c) Binance Wallet Privacy Notice; all of which are incorporated into these Terms and Conditions by reference. 

  • In the event of any inconsistency or conflict between these Program Terms and any other terms that are incorporated, the provisions of these Program Terms shall prevail, followed by the following order of precedence and within the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions; (b) Binance Wallet Terms of Use; and (c) Binance Wallet Privacy Notice.

  • Only users who maintain an active Binance Account on the Binance Platform are eligible to participate in this Activity. Tokens will not be distributed to users who delete or deactivate their Binance Wallet and/or Binance Account on the Binance Platform.

  • You may interact with third-party Services and DApps in and through this promotional Program. Third-party service providers operate independently and may have different security standards, operating practices, and regulatory compliance. Binance Wallet does not control or guarantee the performance, security, or reliability of these third parties. Users are responsible for conducting their own independent research to ensure the third-party Services are suitable for them.

  • Binance Wallet reserves the right to remove a user’s eligibility for rewards if Binance Wallet determines that the user has violated the Binance Wallet Terms of Use, interfered with Binance Wallet program code, or obstructed the operation of Binance Wallet program code with other software.

  • Binance reserves the right at any time, at its sole discretion, to determine and/or amend or change these Activity Terms without prior notice, including but not limited to cancelling, extending, terminating, or suspending this Activity, the terms and eligibility criteria, the selection and number of winners and the timing of any action, and all users will be bound by these amendments.

  • There may be differences between the original English content and translated versions. Please refer to the original English version for the most accurate information in case any differences arise.

Thank you for your support!

The Binance Team

2026-08-21

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Binance Alpha introduces emerging digital assets, which are often expected to have low market capitalization and unique or novel features. Since the price of digital assets can be volatile, the value of any investment you make in Alpha Assets may decrease or increase and you may lose all or part of the value of the money you invest. Please note that with respect to Binance Alpha (i) the risk of losing all or part of your investment increases for Binance Alpha assets because they experience higher price volatility (ii) when you buy Alpha Assets, you will be subject to slippage and blockchain fees, which may adversely affect the price of Alpha Assets (iii) for the avoidance of doubt, after Alpha Assets are transferred to the Binance Platform, the related services there are not provided by Binance Barbados and instead are subject to the terms of the Binance Platform. You are fully responsible for your investment decisions. Binance will not, in any circumstances, be responsible or have any legal obligation for any losses you may suffer directly or indirectly from your investment in Binance Alpha assets. Please carefully review Terms of Use and Risk Warning and always do your own research.

Please note: There may be differences between the original English content and any translated versions (these versions may be generated by AI). Please refer to the original English version for the most accurate information in case of any differences.