Fellow Binancians,
Binance Wallet is excited to launch the Pharos Trading Competition on Binance Alpha! During the Promotion Periods, trade Pharos (PHAROS) in your 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.
1st PHAROS Trading Competition Promotion Period: 2026-05-20 13:00 (UTC) to 2026-05-27 13:00 (UTC)
2nd PHAROS Trading Competition Promotion Period: 2026-05-27 13:00 (UTC) to 2026-06-03 13:00 (UTC)
General Rules:
Participants will be ranked according to their total purchase volume on PHAROS during the Promotion Period. The top 2,460 users by purchase volume of PHAROS tokens during the Promotion Period will share 172,200 PHAROS tokens equally (= 70 PHAROS per user).
Rewards will now place greater emphasis on early trading and consistent participation during each Promotion Period, making reward distribution fairer, returns clearer, and participation more accessible. To support this, we are introducing the Early Bird Boost Multiplier.
Early Bird Boost Multiplier:
Users can now trade earlier to earn more. In each Promotion Period, earlier trades will receive a higher multiplier, which boosts a user’s base trading volume.
Daily Effective Trading Volume is calculated as follows:
Daily Effective Trading Volume = Actual Trading Volume * Early Bird Boost Multiplier
Note: Total trading volume for the competition is the sum of the daily effective trading volume during the Promotion Period
Example:
If a user trades $10,000 worth of eligible token on Day 1, the effective trading volume counted toward the ranking will be $30,000. The same $10,000 traded on Day 7 would only count as $15,000.
Please Note:
Only trades executed via Binance Wallet (Keyless) or Binance Alpha will qualify in this Promotion. Third-party dApp transactions are excluded.
Only cumulative purchases count during the campaign. Selling is excluded.
No Volume Caps: There is no cap on the trading volume for each participant in this Promotion.
Token bridging transactions are not eligible for this Promotion.
Effective from 2025-06-17 00:00 (UTC), 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 impact competition rankings.
Reward Distribution:
All rewards will be calculated in accordance with the reward distribution rules above and will be claimable in PHAROS tokens by eligible users.
Token rewards will be made available to eligible users before 2026-06-17 13:00:00 (UTC). Eligible users must complete the claim within 14 days after rewards become claimable. Any rewards not claimed within this period will be deemed forfeited and will not be reissued.
Eligible winners can view and claim their token rewards directly via their Binance Alpha accounts or Binance Wallet (Keyless).
How to Participate:
Click [Join] on the Binance App event page to participate in the promotion. Only trading volume generated after successfully clicking [Join] will be counted as valid trading volume for the competition.
Update your Binance App to the latest version, ensure you have created a Binance Wallet (Keyless) and backed it up.
During the Promotion Period, trade PHAROS on Binance Wallet (Keyless) or Binance Alpha.
After the Promotion Period ends, rankings will be automatically calculated. Eligible winners can claim their rewards on the event page.
Terms & Conditions:
These terms and conditions (“Promotion Terms”) govern users’ participation in the promotion above (“Promotion”). By participating in this Promotion, users agree to these Promotion 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 by reference into these terms and conditions.
In the case of any inconsistency or conflict between these Promotion Terms, and any other incorporated terms, the provisions of these Promotion Terms shall prevail, followed by the following in this order of precedence, and to 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 Wallets and/or their Binance Accounts on the Binance Platform.
Binance Wallet reserves the right to disqualify a user’s reward eligibility if Binance Wallet determines that the user has breached the Binance Wallet Terms of Use, tampered with Binance Wallet program code, or interfered with the operation of Binance Wallet program code with other software.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Activity Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Activity, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support
#BinanceSquare #Pharos $PHAROS