Binance Alpha Points Pitfall Guide: Don't Be Fooled by These Illusions!
Recently, I've noticed that many people have a half-understanding of Binance Alpha Points, so today I'll clarify the most common pitfalls for everyone!
Misunderstanding 1: Will points never catch up with the majority?
Don't be intimidated by the current gap! Alpha Points only consider the trading and holdings from the last 15 days, and previous scores are automatically cleared. No matter when you start earning points, as long as you persist for half a month, you can stand on equal footing with veteran players. There is no such thing as the official 'intentionally capping points'.
Misunderstanding 2: Big players profit while small investors get the leftovers?
On the contrary! Holding 100U can earn you 1 point per day, while holding over 100,000U only earns 4 points; the trading points are even more ridiculous, 2U exchanges for 1 point, but if you want to earn additional points, your trading volume must double. This algorithm directly cuts off the path for big players to spend money to earn points, giving small investors a chance to overtake.
Misunderstanding 3: Will points become increasingly competitive?
The current high threshold is because the system only went live on April 25, and new points are accumulating daily. Once May 10 hits 16 days, the growth rate will naturally slow down. Furthermore, the cost of earning points will increase over time, but the airdrop returns are limited. When the money spent on earning points nearly matches the airdrop returns, who will still foolishly compete?
Binance's establishment of such a non-linear points system and 15-day limit is to prevent everyone from going crazy with competition. Unless future airdrops are numerous and valuable, the points threshold will stabilize sooner or later. Instead of complaining about difficult rules, it's better to take action now, as those who understand the rules have already won half the battle!
@heyibinance @CZ 🔶 BNB
