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Binance Wallet Announces $350,000 Pool as Alpha Airdrops Resume Nov. 12

Users needed at least 200 Alpha Points by the Nov. 6 cutoff. Eligible users receive one of three tokens without claiming or spending points.

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Three metal tokens rest inside an open black wallet. / TokenPost.ai
Three metal tokens rest inside an open black wallet. / TokenPost.ai

Binance Wallet announced a $350,000 reward pool for Binance Alpha users who met a points threshold, as Alpha airdrops and trading competitions resume Nov. 12.

Eligibility required at least 200 Alpha Points as of 6:59:59 p.m. ET on Nov. 6 (23:59:59 UTC). Each eligible user will receive one of KGeN (KGEN), Velo (VELO) or Velvet (VELVET) in a Binance Alpha account or Binance Wallet. No claim is required, and the distribution will not deduct Alpha Points.

The update also covers trading and transfers through Alpha. Instant orders through Alpha 2.0 are live on all supported networks. Deposits and withdrawals are available on BSC, Ethereum, Base and Arbitrum, with support for other networks expected soon.

Alpha airdrops and trading competitions resume Nov. 12.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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