According to the announcement from Binance, Binance Wallet will launch a Sealcoin (QAIT) trading competition on Binance Alpha, allowing eligible users who can trade Binance Alpha tokens to participate by trading QAIT through Binance Wallet (Keyless) or via Binance Alpha. The competition is split into two promotion periods: the 1st QAIT Trading Competition Promotion Period runs from 2026-06-05 07:00 (UTC) to 2026-06-12 07:00 (UTC), and the 2nd QAIT Trading Competition Promotion Period runs from 2026-06-12 07:00 (UTC) to 2026-06-19 07:00 (UTC). Participants will be ranked by total purchase volume of QAIT during each promotion period, with only cumulative purchases counted and selling excluded. The top 2,490 users by purchase volume will share 5,253,900 QAIT equally, which Binance stated equals 2,110 QAIT per user.
Early Bird Boost Multiplier: Binance said rankings will be based on total Effective Trading Volume, calculated from daily effective trading volume across the promotion period. Daily Effective Trading Volume equals Actual Trading Volume multiplied by an Early Bird Boost Multiplier that declines by day: Day 1 is 3.0x, Day 2 is 2.5x, Day 3 is 2.2x, Day 4 is 2.0x, Day 5 is 1.8x, Day 6 is 1.5x, and Day 7 is 1.0x, applied to the corresponding 24-hour windows in both promotion periods.
Rising Trader Boost Multiplier and reward timing: Binance also introduced a Rising Trader Boost for users who, as of three days before the start of the promotion period, have won rewards in fewer than 3 previous Binance Wallet Alpha trading competitions. Eligible Rising Traders receive a 2x boost on actual trading volume during the promotion period, subject to a cap; if both boosts apply, Effective Trading Volume is calculated as Actual Trading Volume multiplied by the Early Bird multiplier plus the capped portion multiplied by the Rising Trader boost. Only trades executed via Binance Wallet (Keyless) or Binance Alpha qualify; third-party dApp transactions, token bridging, and—effective from 2025-06-17 00:00 (UTC)—Alpha-to-Alpha token pair volume are excluded from the competition. Binance said rewards will be available before 2026-07-03 07:00:00 (UTC), with a 14-day claim window.
Binance Wallet to Run Two Sealcoin (QAIT) Trading Competition Rounds With 5,253,900 QAIT in Rewards
2026-06-05 05:14:09
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