Binance Wallet Launches NES Perpetuals Trading Competition with $50K in Rewards

Binance Wallet is hosting a trading competition for NES (Nesa) perpetuals from July 28 to August 7, offering $50,000 in rewards. To participate, users must trade at least $1,000 worth of NESUSDT perpetual contracts and meet the minimum trading volume requirement.

NES is the native token of Nesa, a Layer-1 blockchain focused on decentralized AI inference with privacy preservation capabilities. The mainnet was launched on May 9, and Binance Alpha listed it on June 24 as part of a Wallet booster campaign.

The competition details include a total prize pool of $50,000, with the Early Bird Multiplier offering a 2x volume count for trades made on the first day. Users can participate by opening the Binance App and navigating to the Binance Wallet section, locating the NES Perpetuals Trading Competition event page, and clicking 'Join' to register.

It's essential for participants to review the official event page as some terms remain undisclosed. Perpetual futures involve leverage and carry significant risk, so users should conduct their own research before participating.