What is Binance Alpha Point? Instructions for farming Alpha Point to receive Airdrop and participate in TGE on Binance Wallet

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Binance Alpha

In the race for high-quality airdrop and IDO hunting, Binance has just launched a new point system called Alpha Points, designed for active users on Binance Alpha and Binance Wallet (Binance's Web3 wallet). So what are Alpha Points, and how can you farm to have a chance of receiving free Alpha tokens and participate in the hottest TGE (Token Generation Event)?

[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and meaning while translating to English.]

  • Instantly buy 100 USD token ABC (not on BSC)
  • Instantly buy 110 USD token XYZ (on BSC)
  • Place a Limit order to buy 120 USD token ABC
  • Place a Limit order to buy 130 USD token XYZ (on BSC)

=> Alpha Volume = 100 + (110 × 2) + (120 × 2) + (130 × 2) = 820 USD
=> Equivalent to 9 Alpha Points

This is a great opportunity for users to optimize their Alpha Points at a low cost, especially when combining a reasonable buying strategy and taking advantage of volume doubling.

Guide to Checking Alpha Points

Binance Alpha Points Interface
Binance Alpha Points Interface
  1. Open the Binance app, update to the latest version.
  2. Go to MORE → select NEWS or type "Alpha Points" in the search bar.
    Select Alpha Points Section
    Select Alpha Points Section
  3. Track points daily, develop an appropriate farming strategy.
    Track Alpha Points in 15 days
    Track Alpha Points in 15 days

Summary

Alpha Points is a new mechanism that gives users more opportunities to participate in early airdrop and IDO programs on Binance. With a transparent point calculation, updated daily, users can proactively farm points by holding assets and regularly buying Alpha tokens.

Note: The point system will change with each campaign, so always maintain the highest possible points, especially in the last 15 days before the TGE or airdrop event.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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