Binance Wallet's $50k NES Trading Competition Heats Up

Binance Wallet has announced its NES Perpetuals Trading Competition, which will run from July 28 to August 7. The competition offers a $50,000 prize pool for users who trade NESUSDT perpetual contracts with a minimum trading volume of 1,000 USDT.

NES is the native token of Nesa, a Layer-1 blockchain that focuses on decentralized AI inference and privacy preservation. Models run across distributed compute nodes instead of a central server, ensuring outputs are cryptographically verifiable throughout the process.

During the competition, participants can trade NESUSDT perpetual contracts, either long or short positions, to share in the prize pool. An early bird multiplier of 2.0x is available for trades made on the first day.