BinanceAlpha$1.7MReward$ALPHA What are Binance Alpha Points?
Binance Alpha Points are a scoring system designed to evaluate user activity within the Binance Alpha and Binance Wallet ecosystem. These points determine a user's eligibility for various campaigns and rewards.
#BinancePizza $BTC #How to earn Binance Alpha Points?
Points are generally calculated daily based on two main factors over the last 15 days:
Balance Points: The total value of assets held in your Binance wallets (Spot, Funds, Web3, and the Binance Alpha account), focusing on Alpha tokens and tokens available on the Binance spot market.
Volume Points: The volume of Alpha token purchases through the Binance Exchange and the Binance Non-Custodial Wallet. It is important to note that selling Alpha tokens does not affect your points.
Binance has also run promotions where you can earn double Alpha Points for specific activities, such as buying Alpha tokens on the BSC network or placing limit orders on any network.
The $1.7M Rewards Fund:
The $1.7 million rewards fund is being distributed through various initiatives associated with Binance Alpha Points, including:
Trading Competitions: As seen in recent announcements, Binance launched a Trading Competition for the SUI Ecosystem on Binance Alpha with a prize pool of $1.7 million in tokens related to SUI. Users trading eligible tokens on Binance Alpha or through the Binance Non-Custodial Wallet between May 16 and May 30, 2025, may qualify based on their trading volume to win rewards.
Airdrops: Alpha Points can make you eligible for various airdrops of new and existing tokens.
Early Access to Token Launches: Higher balances of Alpha Points may grant you access to participate in exclusive TGEs.
