《How to Efficiently Accumulate Alpha Points》

Today @ethsign's Alpha airdrop standard has been released, where 65 points can be exchanged for 1500 $Sign, which is worth about $68 at the off-market price. I found that many people still do not know how to most effectively accumulate points, so I will clarify it for everyone and share my experience.

The Binance wallet Alpha calculates points based on the distribution of funds and purchase volume you have on Binance over the past 15 days, and the screenshot above shows the specific scoring method.

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Point Accumulation Efficiency:

Simply put, the more money you have in Binance, the less you need to buy Alpha tokens. However, there is a limit; even if you have more than $100,000 in Binance, the maximum points you can earn in 15 days is only 60 points.

In the future, the threshold for each airdrop and new listing will likely exceed 60 points, so just depositing money without trading won't work. My strategy is to deposit $9,000 worth of BNB into a fixed-term savings account and keep 3 BNB in the wallet for IDOs, so I can enjoy almost all benefits and always have a baseline of 30 points.

Now, regarding trading volume points, this determines whether you can efficiently meet the requirements with minimal loss. For example, as stated in the table, if you purchase $500 each time versus $512 each time, you will differ by 1 point, so try to operate according to the purchase amounts in the table to improve efficiency.

If you have less money, make multiple smaller purchases. For instance, if I am 30 points away from my target score, I would buy $33 (5 points each time) 6 times.

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Point Accumulation Target:

I believe Binance can see the data of all users, and to ensure the value of airdrops and new listings, they will likely filter out a group of people through elimination at the end.

So this time it’s 65 points, next time it could be 70 or 75 points. My personal safe target is 80 points, and currently, each account has reached or exceeded this. If next time the requirement is 70 points, then my target will be 85 points, always leaving a buffer.

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Trading Strategy:

Now, let’s talk about Alpha's trading strategy. Firstly, I generally only trade varieties that I am familiar with, for example, recently I have only traded $Skyai. I know this project relatively well; it’s very stable, and I don't panic even if I get trapped for a short time.

Most of the time, I won’t buy and sell quickly because that would just incur pure losses. I usually buy in batches when the price drops and sell all at once when the price rebounds.

Of course, this carries secondary risks. If you don’t want to take on that risk and want to buy and sell quickly, remember to choose the price priority mode when trading, rather than success priority, as it can limit slippage and losses.

As shown in the picture, buying at $513 would incur about $3 in loss; buying and selling back and forth 6 times would grant you 54 points while incurring $18 in costs, reducing the thrill of the airdrop.

If you are unlucky and buy Alpha during a crash without selling, then the airdrop will likely not cover your losses.