According to CoinMeta, Binance has launched a Alpha Debit trading competition with a prize pool of $200,000. Users need to click "Join" on the Binance app event page to track their trading volume, with only buy transactions counted in the statistics. Qualified traders can unlock a 1.2x trading volume bonus, and the earlier the trade, the higher the bonus; traders on the first day will enjoy a 2.0x bonus.