#BinanceAlphaPoints Provide data for listing coins on Binance
Some say this points system turns users into Binance's data.
However, in the Binance CEX, Binance already has user data, including asset scale and trading behavior data!
In the Alpha Points system, the points for holding assets are powers of 10, while the points for trading alpha assets are powers of 2.
Holding $100 and trading $2 earn the same points,
Holding $1,000 and trading $4 earn the same points,
...
Holding $100 million and trading $256 earn the same points...
Clearly, what is wanted is alpha trading data.
Alpha is not just a listing of some alpha coins, but also includes coins in the observation area that may possibly go live on the Binance exchange in the future.
Binance can use alpha trading data to understand which coins have larger trading volumes and which coins have larger holdings.
Some alpha coins have already been listed for contract trading on Binance, and the alpha trading data, combined with contract trading data, provides a basis for analysis of spot coin listings on Binance.$BNB