Binance alpha points have been around for a long time and are becoming increasingly popular. Back when Alpha points were first introduced, many scoffed at them, but privately, more and more people got involved, even bringing their families along, and some even shouted for the village chief to lead the entire village towards wealth. Now, those who returned to the village have a sense of pride, and families are more harmonious.
So essentially, Binance alpha empowers wallets, competing for the entrance of active on-chain users, and is also a way to compete for the issuance of on-chain assets. Therefore, we do not need to worry about alpha losing its bonus opportunities in the short term.
That being said, how can we ordinary users reasonably utilize the rules to reduce wear and tear and increase more opportunities for ALPHA profit?
1: Reasonably calculate the changes in threshold scores for each transaction, calculate the average daily score threshold, and strive to keep yourself above the threshold. Personally, I suggest being at least 15 points above the threshold (due to the deduction mechanism).
2: Make full use of point multipliers and the ALPHA trading competition launched by Binance to control losses and increase profits.
• For example, currently, limit orders on the platform and BNB chain alpha tokens provide double points for trading, so trading limit orders and BNB chain is more recommended.
• Additionally, when trading, try to choose alpha trading pairs with relatively stable prices and low pool fees (for example, the KOMO pool fee for spot trading a few days ago was 0.01%, and the NAVX pool on the SUI chain is also 0.01%). This way, our trading losses will definitely be much lower than those with unstable prices and high pool fees. (Remember to adjust the slippage within the allowable range to reduce losses, though this may lower the success rate). Of course, remember to check if the estimated arrival amount and the money we spent are consistent during trading. A slight difference is within our acceptable loss range, but if the price difference is too large, we should promptly stop the exchange to reduce our loss costs.
• Currently, there are trading competitions on BSC and SONIC SUI. At the end of the trading, as long as you make it to the leaderboard, you can get a guaranteed minimum of several tens of dollars. So, if we choose a pool that has both a trading competition and a low fee to trade during a stable price period, doesn't that give us an opportunity to earn ALPHA points and project rewards simultaneously?
3: Look for potential opportunities in alpha.
For example, many Tokens experience significant selling pressure after TGE or Alpha trading starts, causing the price to drop to a fraction of the project's market value during financing. Is there a guaranteed > risk opportunity here? If we buy the token in the warming bottom range, doesn’t that represent more profit opportunities for us? Of course, this is not a recommendation on how to judge whether to buy; at this stage, information is transparent, and I believe those who sincerely seek can easily find answers and make decisions.
In summary:
If you are an ordinary user like me, I recommend you 👇🏻:
• Choose Tokens that have trading competitions.
• Choose Tokens with low pool fees.
• Choose channels and methods for double-point trading.
• Check if the price difference between the estimated arrival value and the exchange cost on the trading panel is reasonable.
If you are a research leader looking for more potential opportunities in alpha, I recommend you 👇🏻:
• Make a reasonable assessment of the project's valuation and price before the market opens, and look for suitable opportunities to take immediate action.
The above is purely my immature opinion, and I welcome everyone’s criticism and suggestions. Of course, I also welcome discussions in the comment section!
