This is a general announcement. The products and services mentioned here may not be available in your region. Terms and conditions apply.

Dear user,

The Binance Wallet is launching the LAB Trading Competition on Binance Alpha! During the event, trade LAB (LAB) in your Binance Wallet (keyless) or through Binance Alpha to share exclusive token rewards.

• First LAB Trading Competition period: November 12, 2026, 21:00 to November 19, 2026, 21:00 (UTC+8)

• Second LAB Trading Competition period: November 19, 2026, 21:00 to November 26, 2026, 21:00 (UTC+8)

General Rules:

Participants will be ranked separately for each of the two event periods based on their total LAB token buy volume during the respective period.

The top 2,000 users by LAB token buy volume across the two event periods will share 2,570,000 LAB tokens equally, with each eligible user receiving 1,285 LAB tokens.

During the event period, the reward mechanism will place greater emphasis on early trading and sustained participation, making reward distribution fairer, returns clearer, and participation more accessible. To this end, we are introducing an Early Bird Multiplier.

To further encourage broader participation, we are also introducing a New Trader Bonus Multiplier.

Early Bird Multiplier:

Trade earlier to earn more. Trades made earlier in the event period will receive a higher multiplier, boosting users' base trading volume.

Daily competition effective trading volume calculation: Daily Effective Trading Volume = Actual Trading Volume × Early Bird Multiplier

*Total competition trading volume is the sum of daily effective trading volumes during the event.

The trading volume generated on the following dates during the event period will be subject to the corresponding multipliers when rankings are calculated:

New Trader Bonus Multiplier:

For this event, a New Trader is defined as a user who has won fewer than 3 Binance Wallet historical Alpha trading competitions as of 3 days before the event starts.

Eligible New Traders will receive a 1.2x New Trader bonus on their actual trading volume during the event, subject to the New Trader bonus cap. Note:

• New Trader eligibility is determined based on a data snapshot taken three days before the event starts.

  • Example: If a user's total number of historical wins reaches exactly 3 after a trading competition ends (Day T), then for new events starting on T+1 and T+2, the eligibility snapshot is taken before their third win, so they remain eligible for the New Trader bonus. However, for events starting on T+3 or later, their historical win count will have reached 3 or more by the time the snapshot is taken, making them ineligible for New Trader status.

• The New Trader bonus cap is the maximum actual trading volume on which a user can receive the New Trader bonus during the event. Once a user reaches the cap, any subsequent trading volume will no longer receive the New Trader bonus.

If a user qualifies for both the Early Bird Multiplier and the New Trader bonus, their effective trading volume is calculated as follows:

Effective Trading Volume = Actual Trading Volume × Early Bird Multiplier + min(Actual Trading Volume, Remaining New Trader Bonus Cap) × New Trader Bonus Multiplier

Final rankings will be based on the total effective trading volume generated by each user during the event. A user's total effective trading volume is the sum of their daily effective trading volumes during the event.

Example

User A generates an actual trading volume of 10,000 USDT on Day 1. The Early Bird Multiplier on Day 1 is 2.0x, and User A also qualifies for the 1.2x New Trader bonus, with a New Trader bonus cap of 5,000 USDT.

User A's effective trading volume on Day 1 is calculated as follows:

• Early Bird bonus portion: 10,000 × 2.0 = 20,000 USDT. New Trader bonus portion: User A's actual trading volume (10,000 USDT) exceeds the New Trader bonus cap (5,000 USDT), so only 5,000 USDT qualifies for the New 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 has used their entire 5,000 USDT New Trader bonus cap and will no longer receive the New Trader bonus. Please note:

• Only trades made through Binance Wallet (Keyless) or Binance Alpha are eligible for this event. Trades on third-party dApps are excluded.

• During the event, only cumulative buy volume counts toward trading volume. Sell volume is excluded.

• No trading volume cap: There is no limit on the trading volume of each participant in this event.

• Transactions related to cross-chain bridging do not count toward trading volume for this event.

• Starting June 17, 2025, at 08:00 (UTC+8), trading volume generated between Alpha token trading pairs will no longer count toward Alpha Points. This volume will also not count toward trading competitions or affect related rankings.

• Reward Distribution:

  • All rewards will be calculated according to the reward distribution rules above. Eligible users can claim LAB token rewards.

  • Token rewards will be distributed to eligible users by December 10, 2026, at 21:00:00 (UTC+8). You must claim your rewards within 14 days of distribution. Unclaimed rewards will be deemed forfeited and will not be reissued.

  • Eligible winning users can view and claim their respective token rewards through their Binance Alpha account or Binance Wallet (Keyless).

How to Participate:

1. Users must click the [Register] button on the event page in the Binance App to register. Only trading volume generated after successfully clicking [Register] will count toward effective trading volume for this event.

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

3. Trade LAB tokens on Binance Wallet (Keyless) or Binance Alpha during the event.

4. Rankings will be calculated automatically after the event ends. Eligible winners can claim their rewards on the event page.

Terms and Conditions:

• These terms and conditions (the “Event Terms”) apply to users participating in the event described above (the “Event”). By participating in this Event, users agree to these Event Terms and the following additional terms: (a) Binance Prize Promotions Terms and Conditions; (b) Binance Wallet Terms of Use; and (c) Binance Wallet Privacy Notice, all of which 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 will prevail, followed by the terms below in the following order of precedence, to the extent of the conflict: (a) Binance Prize Promotions Terms and Conditions; (b) Binance Wallet Terms of Use; and (c) Binance Wallet Privacy Notice.

• Only users with an active Binance account on the Binance platform are eligible to participate in this Event. No tokens will be distributed to users who delete or deactivate their Binance Wallet and/or Binance account.

• Binance reserves the right to disqualify users from receiving rewards if their accounts are involved in any dishonest conduct (e.g., wash trading, illegal bulk account registration/login, self-trading, or market manipulation). Binance also reserves the right to disqualify any participant who tampers with Binance program code or uses other software to interfere with its operation;

• Binance reserves the right, at its sole discretion, to modify or change the Event or its rules at any time without prior notice, including but not limited to canceling, extending, terminating, or suspending the Event, changing eligibility terms and criteria, selecting winners and determining their number, and changing the timing of any action. All participants are bound by these amended terms;

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

Thank you for your support of Binance!

The Binance Team

November 12, 2026

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