Binance Alpha Rolls Out Multiple Service Updates, $350K Airdrop to Support Three Tokens

November 12: Binance Wallet announced the Binance Alpha Thanksgiving airdrop and service updates. The $350,000 Thanksgiving airdrop rewards will be distributed to eligible users' Binance Alpha accounts or Binance wallets. Users do not need to claim the rewards, and no Alpha Points will be deducted. Each eligible user will receive a reward in one of the following tokens: KGeN (KGEN), Velo (VELO), or Velvet (VELVET).

The latest service updates include: Alpha 2.0 instant orders are now live on all supported networks; Alpha deposits and withdrawals are now live on the BSC, ETH, BASE and ARBITRUM networks, with the remaining networks expected to follow soon; on the Alpha activities front, airdrops and trading competitions will resume today.