PANews reported on November 1st that, according to an official announcement, Binance Alpha Marina Protocol (BAY) trading will begin at 16:00 (UTC+8) on November 1st. Eligible Binance users can use Binance Alpha Points to claim an airdrop of 400 BAY tokens within 24 hours of the trading start date via the Alpha event page. The airdrop will be conducted in two phases:

• Phase 1 (first 18 hours): Users with at least 245 Binance Alpha Points can claim the airdrop.
• Phase Two (Final 6 Hours): Users with at least 230 Binance Alpha Points can participate in the airdrop on a first-come, first-served basis. If the rewards are not all distributed, the points threshold will automatically decrease by 15 points every hour.

Please note that claiming the airdrop will cost 15 Binance Alpha Credits. Users must confirm their claim on the Alpha Events page within 24 hours, otherwise they will be considered to have forfeited their airdrop claim.