I don't know how long Binance Alpha's rewards will last, but if you start farming points from this moment, a family of three could consistently earn 10,000 to 20,000 RMB in a month.

📌This article will teach you how to farm points from scratch and tell you which tier of points suits you and how much you can earn each month.

According to statistics, in the past 22 days of this month, there have been 14 airdrops, averaging one airdrop every one and a half days, so it can be inferred that there should be 19 airdrops this month.

If calculated at an average price of 100, the maximum you can earn in a month is 1900U, but in reality, it will be more than 50% higher than this number, as some airdrops like npxc are worth 700u, and some are 200.

You can think of this Binance activity as the competition between Meituan and Ele.me, with platforms vying for new user subsidies. Binance is competing for on-chain trading and the listing speaking rights of mid-tier projects, so the current subsidies are quite generous, but how long they will last is unknown. It is recommended to participate as soon as possible.

Let's get to the point, we will start teaching from 0.

1. Register on Binance Exchange.

[Considering that some newcomers have no idea how to download and register, I'll briefly explain here.]

1⃣️If you are using an iPhone, you need an overseas ID, which cannot be from the USA. Generally, you can buy one for 5 dollars; just search for 'buy Apple ID' directly in your browser.

2⃣️If you are using an Android phone, visit the official website to download the installation package or download it from the Google Play Store.

3⃣️No need to say much about registration; just use your own phone number. After registering, proceed with real-name verification.

4⃣️Registration link: https://www.marketwebb.me/join?ref=MUSIC

2. Prepare funds.

1⃣️In the exchange, we usually use USDT, which is a substitute for US dollars and can be purchased in the C2C section of the exchange.

2⃣️It is advisable to buy at least 1100U because it has been tested that farming with 1100 is not so tiring, and you can also take advantage of the 1000U asset points.

3⃣️Buy 3u of BNB; every transaction in your wallet requires a fee for miners, which is very cheap, a few dimes.

3. Create a wallet.

1⃣️Create a Binance wallet: Click on the asset page, and there's a wallet option to enter.

2⃣️Follow the page instructions to create a non-custodial wallet. Of course, points farming can be done in the exchange, but I personally recommend using a wallet because the wear is less.

3⃣️Now your wallet has no funds, you need to transfer money into it. Click recharge, choose exchange withdraw, and transfer USDT and BNB in.

4. Farming points.

1⃣️With this step, the preliminary work is ready, and you can start your points farming journey.

2⃣️We enter the market page and choose tokens in Alpha for trading; point farming only counts for tokens in this section.

3⃣️Choose a token, click exchange, we choose USDT on top, and the token to exchange below.

4⃣️Usually, before clicking trade, you need to set the slippage. We usually set slippage to 0.1-0.2 to minimize wear as much as possible.

5⃣️After entering the amount you want to trade, observe the prices below the two tokens. If they are equivalent, you can exchange; if the price difference is too large, refresh or wait a moment.

5⃣️Click exchange, the exchange interface opens MEV functionality, this step is also to reduce wear.

5. Activities.

Binance's competition can be participated in while farming points. The latest BSC has ended, and qualifying can earn a reward of 70u. I looked it up, and it seems you need about 290,000 in trading volume to qualify, which averages out to possibly 15,000-20,000 daily to qualify.

Currently, BSC has also started new competitions, and other public chains, such as Sui and Sonic, also have competitions. Basically, you can farm rewards from the start to the end.

📌Points rules.

1. Points calculation method.

Alpha points are mainly accumulated through the following two methods:

Balance points:

This section looks at your balance: 100u is 1 point, 1000u is 2 points, 10000u is 3 points, and 100000u is capped at 4 points. Here, only wallet and exchange balances are considered, not the tokens you hold.

Trading volume points:

Earn points by purchasing or trading Alpha tokens. Buying 2u of Alpha tokens can earn 1 point.

4u is 2 points, 8u is 3 points, 16u is 4 points, 32u is 5 points, 64u is 6 points, 138u is 7 points, 276u is 8 points, 556u is 8 points, 1024u is 9 points, 2024u is 10 points, and 4028u is 11 points.

Points in this section can be infinitely farmed. For every point you add, your trading volume must double compared to the previous transaction. So you'll find that 1024u is the most comfortable; one transaction can yield 9 points. However, as you go further, to earn 12 points requires 8 transactions, 13 points requires 16 transactions, 14 points requires 32 transactions, and every subsequent point costs double.

2. Points counting method.

Now that you understand the points calculation method, how are points counted?

1⃣️Points are calculated over a 15-day cycle, meaning if you consistently farm 10 points, from day one’s 10 points to day fifteen’s 150 points, on day 16 you won't earn any more points because the points from the first day will offset.

2⃣️Users can check real-time points in the Binance App or official website, usually displayed on the 'Alpha Points' page.

3. Uses of points.

There are two types: both consume 15 points to participate.

1⃣️Participate in TGE: This is an activity within the wallet; when your points meet the standards, you can consume 15 points to participate, but this requires you to invest funds. The maximum individual amount is 3 BNB. This was the main activity before Alpha was launched, but now that Alpha has launched free airdrops, it's not cost-effective unless it's an extremely high-quality project; otherwise, you basically won't participate.

2⃣️Alpha Airdrop: You are eligible to receive it when your points meet the requirements, claiming it incurs no cost, and it will arrive directly in your account for sale, costing 15 points.

📌Points farming strategy.

Choose a tier based on personal circumstances.

At this point, congratulations, you are ready to go. You have a detailed understanding of how to trade on Binance Alpha and its specific rules. Now you can choose a suitable plan based on the strategy below.

First case: When your balance is less than 1000U, the balance points are divided into 1 point per day; thus different trading volumes yield:

Note: Based on a wear of 0.2u per 1000u, in fact, farming does not incur this much wear.

Currently, points start at a minimum of 188; a trading volume of 4096u earns 11 points. If you accumulate below 180 points in 15 days, just pass.

A trading volume of 8192U earns 12 points + 1 point, 13 points daily, allowing you to accumulate 195 points in 15 days, costing 24u.

A trading volume of 16384U earns 13 points + 1 point, 14 points daily, allowing you to accumulate 210 points in 15 days, costing 48u.

A trading volume of 30000U earns 14 points + 1 point, 15 points daily, allowing you to accumulate 225 points in 15 days, costing 96u.

First case: You can receive an airdrop once in 15 days, with a profit of 100u and a net gain of 76u.

Second case: You can receive an airdrop once in 15 days, with a profit of 100u and a net gain of 52u.

In the third case, you can receive airdrops 2 times in 15 days, with a profit of 200u and a net gain of 96u.

🌟So ideally, an asset of a few hundred U is best at the 8000 tier; of course, you can also try 32000, but as the number of transactions increases, the uncertainty of wear and tear will also rise.

Second case: When your balance is greater than 1000U < 10000U, the balance points are divided into 2 points per day; thus different trading volumes yield:

A trading volume of 16384U earns 13 points + 2 points, 15 points daily, allowing you to accumulate 225 points in 15 days, costing 48U.

A trading volume of 32768U earns 14 points + 2 points, 16 points daily, allowing you to accumulate 240 points in 15 days, costing 96U.

A trading volume of 65536U earns 15 points + 2 points, 17 points daily, allowing you to accumulate 255 points in 15 days, costing 192U.

First case: You can receive airdrops 2 times in 15 days, with a profit of 200U and a net gain of 152U.

In the second case, you can receive airdrops 3 times in 15 days, with a profit of 300U and a net gain of 204U.

In the third scenario, you can receive airdrops 4 times in 15 days, with a profit of 400U and a net gain of 208U.

🌟It can be seen that farming points at the 60,000 tier is not cost-effective.

In the third case, when your balance is greater than 10,000U and 100,000U, it is actually the same as above; the best situation is still to farm 30,000 and 60,000, depending on the individual.

Summary.

For an ordinary family, if you bring your parents along, each person prepares 1000u, totaling 22,000 RMB. Ideally, in a month, you can earn 10,000 RMB. This is the most conservative case; based on the best situation this month, this number could go up to over 40,000 RMB because at the beginning of the month, you only need 130-160 points to claim airdrops, plus the large airdrop of npxc worth 700u.

Finally, if you haven't registered on Binance yet, feel free to use the blogger's link, thank you: https://www.marketwebb.me/join?ref=MUSIC