Binance Launches OBT Airdrop & Trading Competition for Increased Token Distribution

Binance has announced a double event involving an airdrop and trading competition to distribute 8,000 OBT tokens to users with 200 Alpha points on May 24th, 2025. This initiative coincides with a trading contest offering 50 million OBT tokens for participants based on purchase volume. This event is part of Binance’s ongoing strategy to increase user engagement and expand token distribution across its platform. 8,000 OBT tokens are being distributed directly to users with 200 Alpha points, while another competition encourages users to compete for 50 million OBT tokens by maximizing their purchase volume in the trading contest running from May 24th to June 7th, 2025. This event is part of a broader strategy for user engagement and expansion of token distribution on its platform. The airdrop and trading competition follows Binance’s established pattern of using Alpha points for token distribution initiatives, highlighting their long-term commitment to user participation in growth.