Binance Puts 400 BNB Behind A Meteora Trading Competition

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR: Binance has launched a Meteora spot trading competition running through October 15, with 400 BNB in token vouchers allocated to the main prize pool. Eligible users must register and trade at least $500 worth of MET pairs to qualify. Binance is using a sizeable BNB prize pool to push trading activity around Meteora. The exchange launched a new spot competition on October 8 built around MET, with a total of 400 BNB allocated to the main rewards pool. The event runs through October 15. Eligible traders must register for the promotion and generate at least $500 in qualifying trading volume to receive rewards. The largest prizes go to the highest-volume participants. First place receives 12 BNB, followed by 10 BNB for second, 8 BNB for third, 6 BNB for fourth and 4 BNB for fifth. Additional BNB is distributed across wider ranking bands, while smaller traders can share another portion of the pool proportionally. Binance is also running limited reward rounds during the competition, creating extra BNB prizes around shorter trading windows. It is a familiar exchange tactic. Newly liste...