#bnb

Binance Wallet launched a week-long Ondo tokenized securities trading competition on Binance Alpha, offering 300 MUon in rewards split equally among the top 6,000 users ranked by cumulative effective trading volume, according to a company announcement on June 3. The promotion runs from 10:00 UTC on June 3 to 10:00 UTC on June 10, covering 80 eligible Ondo tokenized securities. Binance introduced two new boost mechanisms: an Early Bird Boost Multiplier starting at 2.2x on Day 1 and declining to 1x by Day 7, and a Rising Trader Boost Multiplier of 1.5x for users who have won fewer than five previous Alpha trading competitions, subject to a volume cap. Users can trade via Binance Wallet keyless or directly on Binance Alpha.