Binance has announced the launch of its Spot Altcoin Trading Festival, offering users a chance to compete for a reward pool of 4,270,000 XPL token vouchers. The promotion runs from December 10, 2025, to December 19, 2025, and features two main tournaments: the Trading Volume Tournament and the Spot Grid Bot Trading Volume Tournament. Verified regular users and Binance VIP members are eligible to participate, while liquidity providers and Binance brokers are excluded.
To join the Trading Volume Tournament, participants must trade a minimum equivalent of $1,000 in selected pairs such as BNB/USDT, CAKE/USDT, LINK/USDT, ASTER/USDT, and XPL/USDT. Rewards will be distributed based on rankings, with the top five traders sharing 2% to 10% of the total prize pool. Traders ranked sixth to twentieth share 20%, and those ranked twenty-first to fiftieth share 16%, while the remaining eligible participants share 34%. Each participant’s maximum reward is capped at 1,250 XPL.
In the Spot Grid Bot Trading Volume Tournament, participants must set up a grid strategy with a minimum of $100 and achieve at least $200 in spot grid trading volume. Rewards are allocated proportionally to trading volumes, with a cap of 650 XPL per user. Token vouchers will be distributed by December 31, 2025, and must be redeemed within 21 days of receipt.
Binance reserves the right to modify the promotion’s terms and reward distribution. This initiative aims to engage users actively and promote spot altcoin trading, providing cryptocurrency users with enhanced opportunities.
Source: binance
