Binance Alpha is a unique feature of Binance, providing opportunities to participate in Token Generation Events (TGE) and exclusive airdrops, helping users get early access to potential projects. In the past 2 months, many have missed the chance to earn over 2,000 USD from these events. Don't worry, it's still early to join Binance Alpha! This article will provide a detailed guide from A-Z on how to participate, scoring rules, and optimization tips for effective point accumulation.
I. CONDITIONS FOR PARTICIPATING IN BINANCE ALPHA
To get started with Binance Alpha, you need to meet the following conditions:
1. Create a Binance account
- You need a Binance account to participate. If you don't have one, please register through the official link:
Register for a Binance account. https://www.binance.com/join?ref=B7KIR9XU
- Ensure to complete identity verification (KYC) to fully utilize features.
2. Download the Binance app
- Download the Binance app from the App Store (iOS) or Google Play (Android). This is the main platform to manage the Web3 wallet and participate in Alpha.
3. Log in and set up the Web3 wallet
- Open the Binance app, log into your account.
- Go to the Web3 Wallet section.
- Transfer assets like BNB or USDT to the Web3 wallet to start trading.
- Prioritize using BNB since gas fees (transaction fees) on the BNB Chain (BSC) are lower.
- Always ensure to have a small amount of BNB in your wallet to pay for gas fees (each transaction costs about 0.03 USD).
4. Choose Alpha tokens to trade
- Focus on tokens on the BNB Chain (BSC) to save on gas fees.
- Choose low-volatility tokens to reduce slippage costs and optimize accumulated points.
II. ALPHA POINTS CALCULATION MECHANISM
Binance Alpha Points is a scoring system used to evaluate user activity within the Binance Alpha ecosystem and Binance Wallet. Points are calculated based on Balance Points (balance score) and Volume Points (transaction volume score), with the final score being the average over the last 15 days.
1. Balance Points
Balance Points are calculated based on the total value of the assets (Alpha tokens) you hold on Binance Exchange and Binance Web3 Wallet. The rules are as follows:
- 100 USD - <1,000 USD: 1 point/day
- 1,000 USD - <10,000 USD: 2 points/day
- 10,000 USD - <100,000 USD: 3 points/day
- ≥100,000 USD: 4 points/day
Tip: To optimize, maintain an asset balance of around 1,100 USD to consistently receive 2 points/day without needing to invest too much.
2. Volume Points
Volume Points are calculated based on the total value of purchases of Alpha tokens on Binance Exchange or Binance Keyless Wallet. Note: Only purchase transactions are counted, sales transactions are not included. The rules are:
- 2 USD: 1 point
- 4 USD: 2 points
- 8 USD: 3 points
- 16 USD: 4 points
- 32 USD: 5 points
- 64 USD: 6 points
- 128 USD: 7 points
- 256 USD: 8 points
- 512 USD: 9 points
- 1,024 USD: 10 points
- 2,048 USD: 11 points
- 4,096 USD: 12 points
Note: To achieve the goal of 10-12 points/day, you need to make purchases with a volume ranging from 1,024 USD to 4,096 USD.
3. Special offers
- Purchase Alpha tokens on the BNB Chain (constexpr: Bিত‾post:7⁊
- Purchasing Alpha tokens on the BSC network through limit orders will double volume points.
- Choose low-volatility tokens: Prioritize stable-priced tokens to reduce slippage costs and optimize points.
4. Focus points
- Alpha Points are accumulated continuously and are used to participate in TGE events or exclusive airdrops.
- When participating in an event, the system will deduct 15 points from your total score.
- Each project has different minimum score thresholds (for example: 80, 137, 186, 198, or 205 points depending on the event).
III. HOW TO PARTICIPATE IN BINANCE ALPHA EVENTS
1. Monitor announcements
- Check the Binance Alpha section on the Binance app or follow Binance’s official channel on X (@binance) for updates on TGE and airdrops.
2. Research the project
- Before participating, thoroughly research the project (whitepaper, team, development roadmap) to assess its potential.
3. Participate in events
- When notified about TGE or airdrop, go to the Alpha Event Page in the Binance app.
- Press the Join button to register, the system will deduct 15 points.
- If you meet the required score threshold, you will receive an airdrop or the right to participate in TGE within 10 minutes after the event starts.
4. Accumulate points continuously
- Maintain daily trading to reach the target of 10-12 points/day, equivalent to 150-180 points in 15 days.
IV. OPTIMIZATION TIPS FOR ACCUMULATING POINTS
1. Transaction time
- Trade early in the morning (after 7 AM UTC) to avoid significant price volatility and reduce slippage costs.
2. Optimize transaction fees
- Use BNB Chain (BSC) to reduce gas fees (~0.03 USD/transaction).
- Choose low-volatility tokens to avoid losses due to slippage.
3. Increase volume points
- Make multiple small purchase transactions instead of one large transaction to effectively accumulate volume.
- Prioritize limit orders or trading on BSC to double volume points.
4. Maintain a stable balance
- Keep assets around 1,100 USD to receive 2 balance points/day without needing to invest too much.
5. Monitor score thresholds
- Check the required score threshold for each event (for example: 205 points for RDAC, 198 points for PRAI) and ensure your score always exceeds the threshold.
V. LONG-TERM POTENTIAL OF BINANCE ALPHA
Binance Alpha is becoming a leading platform for early access to potential crypto projects. With TGE and airdrop events happening continuously, accumulating Alpha points not only brings short-term benefits (high-value airdrops) but also serves as a long-term strategy to participate in projects that may experience significant growth in the future.
Example of a recent airdrop:
- Haedal Protocol (HAEDAL): 356 tokens for users with ≥80 points.
- BOOP: 291 tokens for users with ≥137 points.
- Puffer (PUFFER): 362 tokens for users with ≥186 points.
- Redacted (RDAC): 482 tokens for users with ≥205 points.
These airdrops are often worth hundreds to thousands of USD, depending on the market price of the token.
VI. FINAL ADVICE
Binance Alpha is a golden opportunity to get in early on potential crypto projects, but it also requires patience and strategy. Please:
- Accumulate points regularly each day.
- Thoroughly research the project before participating.
- Manage capital wisely, avoid over-investing to reduce risks.
What are you waiting for? Start today so you don't miss out on thousands of USD opportunities from Binance Alpha! Register an account here and follow @binance on X for the latest updates.
Note: The crypto market carries high risks. Invest responsibly and only use capital you can afford to lose.