🗒🗒🗒🗒 💰 What is Binance Alpha Point? How to farm points to hunt for TGE & Airdrop from Binance (P.2)
✅ How to farm Points:
Points will be calculated EVERY DAY based on:
- The total asset balance of your account, including both Binance Exchange and Binance Web3 Wallet (keyless)
- Volume of Alpha Token purchases on both Exchange and Wallet
Below is an example of 2 cases holding assets of $100 - $1000 for 15 days and earning 100 points
1️⃣ Your account is HOLDING 100 USD
- 1 point/day from Balance Point → 15 days = 15 points
➡️ Need an additional 85 points
Buying alpha tokens daily with a volume of $65 earns 6 points
➡️ 15x6 = 90 points
2️⃣ Your account is HOLDING 1000 USD
- 2 points/day → 15 days = 30 points
➡️ Need an additional 70 points
- Buying alpha tokens daily with a volume of $32 earns 5 points
➡️ 15x5 = 75 points
⚠️ Note:
- Alpha Points will be updated daily at 11 AM.
- Point volume is calculated based on the money spent buying alpha tokens each day, starting from $2/1point; doubling the amount gives an additional point. (e.g., if you buy $65, you get 6 points, making another $65 order will only give a total of 2 orders for 7 points 🤣).
- Be cautious of slippage, so choose tokens with high volume. Only buy orders are counted, sell orders are not counted.
- Buying and immediately selling still counts for points (only purchase volume is counted, not sell volume)
- Only choose SOL ecosystem tokens to farm Volume → Reduce gas fees
- Only choose tokens with high liquidity → Reduce slippage, this is the biggest risk of this deal
- The number of points to receive airdrop or participate in IDO will depend on Binance, it is not fixed → The more, the better, depending on your financial situation. Currently, with a balance of >1000$ assets and trade >512$ volume, you will receive 11 Points/Day