If you are grinding for Alphapoints to participate in upcoming airdrops or TGEs, optimizing transaction costs is extremely important. Here are some methods I usually apply to save the most while grinding for points:
Prioritize buying tokens on the Solana network ( $SOL ). The SOL network helps us optimize fees much more than other networks. Each $100 transaction typically only costs $0.1 in fees.
Choose tokens with upward trends and high market capitalization. Trading with tokens that have upward trends and large capitalizations helps you reduce the spread between buying and selling prices, and you can even earn a small profit if you place orders skillfully.
Use smart limit orders. Set your buy limit order slightly below or equal to the market price, and your sell limit price slightly above or equal to the buying price. This method helps you optimize profits and reduce slippage fees. However, be careful not to set your orders too far from the market, as you may end up with 'stuck unfilled orders.'
The tips above can help minimize costs and risks when grinding for Alphapoints, but they cannot completely eliminate them. Always monitor the market and consider carefully when trading. I wish you success in grinding for points and receiving quality airdrops!
