Binance has organized an ALGO trading tournament, offering qualified traders a chance to win a portion of a large prize pool totaling 200,000 USDC. This promotion will run from September 29, 2026, at 10:00 UTC until October 6, 2026, at 10:00 UTC and focuses on the ALGO/USDC spot trading pair.
The event is designed for new, regular traders as well as users with VIP levels 1 through 6. The competition combines prizes awarded to the overall leaderboard leader with sprint bonuses to maintain participant activity.
The competition consists of two elements: the main ranking, determined by total trading volume, and time-limited sprint bonuses. To qualify for payment, participants must achieve a minimum trading volume of $500 USD on the corresponding ALGO/USDC spot pair during the event. It should be noted that gas fees and zero-fee pairs are not included in the final calculation.
In addition to the main prize pool, Binance has provided a sprint bonus divided into two stages: Round One will take place from September 29 to October 1, and Round Two will be held from October 1 to October 3. Active participants during these sprints can receive simultaneous payouts of up to 6,000 USDC for first place, allowing them to accumulate wins across different categories simultaneously.
To participate in the promotion, verified Binance users need to complete a few simple steps. They must navigate to the events dashboard and click the 'Join Now' button before making any trades. Trading volume is aggregated across master accounts, sub-accounts, spot copy trading, and automated trading bots. API trading is permitted, but participants found engaging in market manipulation or trade laundering will be immediately disqualified.
Winners will receive their token vouchers directly to their accounts by October 20, 2026. Users should go to Profile > Rewards Center to claim the vouchers within 21 days of receipt, as expired bonuses will be voided. It is important to remember that market fluctuations may change the final redemption value, so all activity rules should be reviewed before starting to work with order books.