dabrizue
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#BinanceAlphaPoints
#BinanceAlphaPoints Some things that may not be so well known about Binance's Alpha Points:
* **Not just for maintaining the balance:** While keeping a balance in your Binance wallet (including Alpha tokens and other cryptocurrencies in Spot) gives you daily points, the amount is not linear. Increases in points for balance are by ranges (e.g., $100-$999 gives 1 point, $1000-$9999 gives 2 points, etc.), which means slightly exceeding a threshold will not necessarily give you many more points.
* **Trading volume is key (and strategic):** The way points are calculated for trading volume of Alpha tokens has an interesting detail. Doubling your daily purchase volume only gives you 1 additional point. For example, buying $2 gives you 1 point, $4 gives you 2 points, $8 gives you 3 points, $16 gives you 4 points, and $32 gives you 5 points. From $32 onwards, the marginal return decreases significantly. Many users find that making small, consistent daily purchases (around $16-$32) is more efficient in terms of points per dollar spent than making large occasional purchases.
* **Not just for maintaining the balance:** While keeping a balance in your Binance wallet (including Alpha tokens and other cryptocurrencies in Spot) gives you daily points, the amount is not linear. Increases in points for balance are by ranges (e.g., $100-$999 gives 1 point, $1000-$9999 gives 2 points, etc.), which means slightly exceeding a threshold will not necessarily give you many more points.
* **Trading volume is key (and strategic):** The way points are calculated for trading volume of Alpha tokens has an interesting detail. Doubling your daily purchase volume only gives you 1 additional point. For example, buying $2 gives you 1 point, $4 gives you 2 points, $8 gives you 3 points, $16 gives you 4 points, and $32 gives you 5 points. From $32 onwards, the marginal return decreases significantly. Many users find that making small, consistent daily purchases (around $16-$32) is more efficient in terms of points per dollar spent than making large occasional purchases.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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