Many have already heard about the new Binance ranking system for participating in IDO and receiving drops through the Binance Alpha section, but there are still a lot of questions in the comments: what are the points awarded for, where to trade, how much funds to hold, and so on. To make everything clear, I am making a full instruction.
Where to find Alpha Points:
Go to the Binance app: Home → More → News, or simply search for “Alpha Points” in Binance.
It displays your total points for the last 15 days. The counter is updated daily at 00:00 UTC.
How points are awarded:
1. For the amount of assets on Binance and Web3 wallet:
from $100 to $999 — 1 Point
from $1000 to $9999 — 2 Points
from $10,000 to $99,999 — 3 Points
$100,000 and up - 4 Points
Important: you can hold both in the exchange wallet and in Web3.
2. For token purchases in the Binance Alpha section:
(only purchases are taken into account, sales are not counted)
Calculation of points per trade:
$2 turnover - 1 Point
$4 turnover — 2 Points
$8 turnover — 3 Points
$16 turnover — 4 Points
$32 turnover — 5 Points
... and further, every +2x volume = another +1 Point.
Where to trade:
"Markets" section → "Binance Alpha" or via Web3 wallet in the "Markets" section.
How many points do you need to participate in IDO?
Last time, 45 Alpha Points were required to participate. Most likely, the threshold will increase over time due to increased competition. Therefore:
Make a turnover every day, even for a small amount.
Maintain a minimum hold of $1k+ for a stable 2 Points daily.
Calculation example:
$1000 balance = 2 Points/day
$128 turnover in Alpha = another 7 Points/day
Total ~9 Points per day → in 15 days you can collect about 135 Points, which is more than enough to participate.
Conclusion:
Keep an eye on hold and active trading, especially in the Binance Alpha section, and accumulate points in advance.
If something remains unclear, write in the comments, I will answer! 🫡
