Binance has rolled out UPTOP (UPTOP) on its Alpha platform, opening two parallel events: an Alpha Points-based airdrop and a trading competition with 10 million UPTOP token rewards. Both campaigns are live and require users to trade using Binance Wallet (Keyless) or Binance Alpha.
Alpha Users Can Claim 1,500 UPTOP Tokens
Users who hold at least 180 Binance Alpha Points and complete KYC verification can claim 1,500 UPTOP tokens. Binance will deduct 15 Alpha Points for each claim.
The airdrop operates on a first-come, first-served basis. After claiming, users must confirm their participation within 24 hours on the Alpha Events page. Unconfirmed claims automatically expire.
Binance has not stated the total number of airdrop slots. However, the event will close when the token supply runs out or the event period ends.
Alongside the airdrop, Binance has started a trading competition with a 10 million UPTOP prize pool, estimated at $340,000. The event runs from July 20, 2025, 07:00 UTC to Aug. 3, 2025, 07:00 UTC.
Users compete based on their total cumulative purchases of UPTOP during the promotion period. The top 5,580 traders will each receive 1,700 UPTOP tokens.
Competition Rules:
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Only buy orders count; selling does not qualify
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Trades must take place through Binance Wallet (Keyless) or Binance Alpha
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Transactions involving bridging or Alpha-to-Alpha token pairs do not count
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Binance imposes no limit on purchase volume
How to Join the Competition
To participate in the UPTOP trading competition:
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Update the Binance app to the latest version
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Create and back up a Binance Wallet (Keyless)
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Buy UPTOP through Binance Wallet or Binance Alpha during the event period
Only purchases through these two platforms qualify. Trades using third-party DApps or other platforms will not count toward rankings.
Reward Distribution and Disqualification Rules
Binance plans to distribute rewards by Aug. 17, 2025, 16:00 UTC. Winners will receive tokens directly in their Binance Wallet or Alpha account. Users who delete or deactivate their wallets before distribution will lose their rewards.
Binance may disqualify accounts involved in wash trading, market manipulation, bulk registrations, or self-dealing. The company also holds the right to modify or cancel the event without prior notice. All participants must follow Binance’s Terms of Use and promotional guidelines.