I previously used an iPad at a minimum of 0.5%, switched to the previous OnePlus which could be 0.1-0.5 without any problem, just became a big spender.

In simple terms, how to reduce the loss of Binance Alpha points:
1. [Optional] Update to the latest Binance app (if there is no custom 'Priority Mode' or if the custom 'Priority Mode' cannot be set below 0.5, the iOS version of the app reportedly cannot be set below 0.5 for trading);
2. Customize 'Priority Mode' every time you buy, set the slippage to 0.2%. Low slippage means that purchases may fail during large price fluctuations, which reduces risk; choose the lowest network fee, currently the minimum is 'Normal.' Sometimes, normal network fees may surge, so wait a bit; the network may be congested, and do not pay unnecessary extra fees;
3. Quick sell. Once you see a successful purchase, switch immediately and sell. The current default configuration is fine, no need to change it. The actual situation can be very complicated, with fluctuations and one-sided movements. In general, quick selling is a relatively safe method;
4. Combine with point 2: do not make large purchases or sales all at once, especially in cases of poor liquidity. Check the size of the liquidity; do not exceed $512 in a single transaction. Large transactions can cause significant fluctuations and increase risk;
5. Observe. Select 'Minute' for K-line, and 'vol' for trading volume in the lower indicators. You can clearly see the recent pump and dump situations. This requires a sense of the market, and everyone's perception is different.