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I have been participating in the Binance Alpha Event since April 22.
My strategy:
- balance 10000$+
- daily volume 65600$+ (x4 for purchasing new BSC tokens)
- pairs with the lowest volatility
- selection of better quality projects under the drop
In 15 days, we get 285 points. 16*15 (for volume) + 3*15 (for balance) with costs of ~$25 per week for volume.
The net profit at the moment is $4785.
I know that many are disappointed with Binance Alpha, but I still see potential in it and continue to farm. Overall statistics will be recorded weekly, but there will be daily reports on farming, tokens for boosting volume, and receiving drops.
Binance Alpha Points is a system that reflects user activity in the Binance ecosystem. These points influence the ability to participate in Alpha token airdrops, TGEs, and Booster campaigns.
Alpha Points are accrued daily and depend on:
1. asset balance (Balance Points);
2. the volume of Alpha token purchases on the exchange and in the Binance Wallet (Volume Points).
The final Alpha Points value is the cumulative sum of daily points over the last 15 days.
Balance Points
Spot tokens in all Binance accounts and Binance Wallet are taken into account (only Alpha tokens and tokens available on spot).
$100 to < $1,000 = 1 point/day
$1,000 to < $10,000 = 2 points/day
$10,000 to < $100,000 = 3 points/day
$100,000 and above = 4 points/day
Volume Points
For purchases of Alpha tokens on Binance or in Binance Wallet, 1 point is awarded for the first $2, then 1 additional point for each doubling of the amount (e.g., $4 — 2 points, $8 — 3 points, etc.).
$2 = 1 point
$4 = 2 points
$8 = 3 points
...
$8192 = 13 Points
$16384 = 14 Points
$32768 = 15 Points
$65536 = 16 Points;
and so on.
Accrued points can only be checked in the Binance mobile app.
Conclusion
To participate in Alpha token airdrops or TGE, you need to have a certain number of points, which the Binance Wallet team announces in its X.
Key points:
maintain your balance;
buy tokens;
collect points;
participate in sales and receive drops for points.
FAQ binance.info/en/support/faq…
#BinanceAlpha #binancewallet
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