What is Binance Alpha, and what are Alpha Points?
Binance Alpha was initially a new feature of the Binance Web3 wallet, launched to align with the surge of meme coins at the end of 2024. Binance Alpha has listed many popular meme coins. Later, as the BSC ecosystem was driven by CZ and He Yi, Binance Alpha began to list various popular tokens within the ecosystem, and these tokens were given the expectation of being listed on Binance, becoming new favorable conditions.
Binance Alpha 2.0 integrates with the Binance exchange, allowing direct trading of Alpha tokens using exchange assets without needing additional gas fees or on-chain operations. This coincides with the long-term maintenance of OKX Dex, and along with the wealth effect of the Binance wallet TGE activity, trading volume even surpasses OKX Wallet, making Binance Alpha gradually the largest trading platform in the primary market.
Binance Alpha launched Alpha Points on April 25 this year. Alpha Points serve as a system for evaluating user activity within the Binance Wallet ecosystem and on the Alpha platform. Users who reach the points threshold are eligible for Binance Alpha airdrops or participation conditions in the Binance wallet TGE new launches. Users can search for Alpha Events on Binance to check their Alpha Points and airdrop thresholds.
Binance Alpha Points Calculation Rules
Binance Alpha Points are based on 'trading volume' and 'asset value held.' They are updated daily at 8:00 AM based on the cumulative total over the past 15 days and credited to accounts before 14:00 (UTC+8). The following are the separate calculation rules for 'trading volume' and 'asset value held' points:
Trading Volume Points:
Based on the trading volume of users buying Alpha platform tokens in the Binance exchange and Binance wallet, points are awarded according to powers of 2.
Note: Only buying trading volume is counted; selling is not included.
$2: 1 point
$4: 2 points
$8: 3 points
$16: 4 points
$32: 5 points
$64: 6 points
$128: 7 points
$256: 8 points
$512: 9 points
$1,024: 10 points
After exceeding $1,024, each doubling increases by 1 point. For example, $2,048 equals 11 points, $4,096 equals 12 points, and so on. There is no upper limit on trading volume points, but cost-effectiveness should be noted; the marginal benefit decreases with higher trading volumes.
Asset Value (Balance Points)
Based on the value of all assets held by the user on the Binance exchange and in the Binance wallet, divided into different tiers, providing users with passive points income daily.
$100 ~ $1,000: 1 point per day
$1,000 ~ $10,000: 2 points per day
$10,000 ~ $100,000: 3 points per day
Over $100,000: 4 points per day
A maximum of 4 points per day, the calculation is very simple and suitable for users who hold assets for a long time.
How to participate in Binance Alpha airdrops? A step-by-step guide for scoring.
To efficiently earn Alpha Points and reduce trading losses, exchanging the lowest cost for the highest return, I recommend considering the following tips to avoid pitfalls.
Step 1. Register a Binance account
First, prepare a Binance account, complete KYC, and create a Binance non-custodial wallet. Those without a Binance wallet can check – Binance Web3 Wallet Creation Tutorial.
https://dalabs.org/exchange/binance-web3-wallet/
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Step 2. Withdraw funds to the Binance wallet
The second step is to prepare the funds for scoring. It is recommended to use the Binance wallet for operations to reduce overall wear and tear significantly. The amount of funds to prepare depends on the level you aim to score. For example, to score 8192 (14 points), preparing about 1.6 BNB should suffice.
Step 3. Choose the scoring trading pair
Here I recommend choosing the scoring trading pairs as B2 and ZKJ for the following reasons:
BSC Chain Double Points
To support its own BSC ecosystem, Binance waives trading fees for multiple BSC tokens. Additionally, the trading volume of BSC tokens is calculated as double. For example, buying tokens worth 8192 U is counted as 16,834 U in trading volume statistics.
High Liquidity Tokens
When selecting tokens for trading, choose tokens with higher liquidity, such as $B2 and $ZKJ, to reduce wear and tear due to insufficient liquidity during trades.
Step 4. Adjust slippage for trading
Using the Binance wallet for trading allows for custom slippage settings. It is recommended to use 0.1% to 0.3%. Setting slippage too low may cause trade failures, so adjust accordingly. It is also advisable to enable MEV protection to prevent sandwich attacks.
Step 5. Score and calculate point wear reasonably
Follow the above steps for quick buy and sell, reaching the target trading volume. Calculate the daily points gained based on holdings and trading volume, and multiply by 15 to determine how many points can be gained in a cycle. For example, if the current points threshold is between 180-200, you need at least 13-15 points per day.
As shown in the image, I score 8192 (14 points) in a single day, with wear and tear of about 2 to 3 U.
Alpha Points will not be immediately updated on the Alpha Events page after scoring; they are settled at 8:00 AM daily and credited to accounts before 14:00 (UTC+8).
Statistics of Previous Binance Alpha Airdrop Earnings
The airdrop from Binance Alpha stems from the wallet TGE launched at the beginning of the year. The initial airdrop activity and TGE required users to have traded Alpha tokens during the snapshot period. Later, after the introduction of the points system, it changed to using points as the threshold, and a lucky last digit was added. Users whose Binance UID ends with the selected numbers can participate with a lower points threshold. Below is a summary of the Binance Alpha airdrop and TGE yield thresholds.
Initial Alpha Trading Snapshot
Project Name Airdrop Form Threshold Airdrop Token Yield
PROMPT Airdrop Before 4/10 Alpha Token Purchase 490 $PROMPT 100UBANK TGE 3/19~4/17 Alpha Token Purchase 2080 $BANK 100UGMAirdrop 3/27~4/27 Alpha Token Purchase 403 $GM 50UEPT Airdrop 4/11~4/18 Alpha Token Purchase 3500 $EPT 70UZORAAirdrop 3/22~4/21 Alpha Token Purchase 4276 $ZORA 140UHYPERTGE 3/22~4/21 Alpha Token Purchase 856 $HYPER 220UDOLO Airdrop 4/15~4/22 Alpha Token Purchase 260 $DOLO 25U
Alpha Points Airdrop Threshold Snapshot
Project Name Airdrop Form Threshold Airdrop Token Yield
AIOTTGEAlpha Points 45 and above 577 $AIOT 58USIGNAirdrop Alpha Points 65 and above 1500 $SIGN 100UMILKTGE Alpha Points 75 and above 760 $MILK 105UHAEDALAirdrop Alpha Points 80 and above 356 $HAEDAL 50UB2TGE Alpha Points 82 and above 138 $B280U BOOPAirdrop Alpha Points 137 and above 291 $BOOP 110UZKJAirdrop Alpha Points 142 and above 50 $ZKJ 105UOBOLAirdrop Alpha Points 153 and above 165 $OBOL 60UDOODAirdrop Alpha Points 168 and above 9873 $DOOD 300UPUFFERAirdrop Alpha Points 186 and above 362 $PUFFER 100URDACAirdrop Alpha Points 205 and above 1382 $RDAC 90UPRAITGE Alpha Points 198 and above 940 $PRAI 90UNXPCAirdrop Alpha Points 187 and above 198 $NXPC 600UAGTTGE Alpha Points 186 and above 5627 $AGT 80UREXAirdrop Alpha Points 196 and above 7795 $REX 140UXTERAirdrop Alpha Points 194 and above 451 $XTER 120U
Binance Alpha Points Deduction Mechanism
Binance Alpha introduced the deduction mechanism on May 13. In addition to the original deduction of expired points every 15 days, users must deduct Alpha points when they meet the threshold for participating in airdrops or TGE.
For example, claiming the $XTER airdrop this week will deduct 15 Alpha points. Currently, each deduction is a fixed amount of 15 points. After the deduction mechanism is implemented, the criteria for participating in airdrops become more important, as users need to determine whether each airdrop justifies the cost in points to participate.
Binance IDO (TGE) Event Participation Step-by-Step Guide
Binance Alpha airdrops are often distributed in the form of IDO (TGE), and eligible users can participate in new project launches using $BNB. Below, I provide a visual guide on how to participate in the Binance wallet IDO using the first round of $SHELL as an example.
1. Complete KYC
Complete identity verification on the Binance platform before participating. Users who have not passed KYC cannot participate.
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2. Go to the IDO webpage
Use the Binance wallet to go to the IDO webpage and connect to the BNB Chain, ensuring you have enough BNB to participate in the subscription.
3. Stake BNB
As shown in the image, stake $BNB on the IDO page and wait for the activity to end, then confirm the allocation on the page. The system will automatically subscribe to the allocated shares.
4. $SHELL Allocation
After the event ends, you can directly reclaim the remaining $BNB and $SHELL allocations on the page. At that time, you could earn 826.98 $SHELL, which could be sold for 0.4 $BNB, with a net profit as high as $300!
Binance Alpha Points Scoring Guide
Accumulation of Points Method
Held Assets
Held assets can earn passive balance points, where holding assets of $100–999 earns 1 point daily, $1,000–9999 earns 2 points, $10,000–99999 earns 3 points, and ≥$100,000 earns 4 points.
Trading Volume
For trading Alpha, trading volume points are earned. You get 1 point for every $2 worth of Alpha tokens purchased, and for every doubling of the amount, you earn an additional point (for example, purchasing $4 earns 2 points, $8 earns 3 points, $16 earns 4 points).
Check Points
Open the Binance App, click on the homepage 'More' → 'Information' → 'Alpha points' to check the total points for the past 15 days.
Common Questions about Binance Alpha
1. When does Binance Alpha score refresh, and when are points credited?
Binance Alpha scores are recalculated every day at 8:00 AM, and the scores will be credited to the account before 14:00 (UTC+8).
2. What is the threshold for the Binance Alpha trading competition? How to participate?
Binance Alpha hosts trading volume competitions across various chains, such as BSC for various tokens, Sonic for various tokens, and Sui chain. Each chain calculates the cumulative trading volume during the event period and gives token airdrops to users in specified rankings. This trading competition does not require special registration; simply trading will automatically count towards the trading volume, and you can combine it with regular scoring to see if there are chances to win additional rewards.
3. Will Binance Alpha accounts be subject to risk control?
It is advised not to use multiple Binance accounts for Alpha trading on the same device or IP, as many users have faced risk control due to multiple accounts on the same device, which could lead to losing rights to participate in airdrop activities.
Conclusion: Low-threshold participation in airdrops leads to steady scoring and considerable returns
The Binance Alpha Points airdrop event provides users with a low-cost opportunity to participate in new project airdrops, while also creating a fairer participation opportunity for community activity and Dapps. By reasonably arranging holdings and trading volume to accumulate points, users can accumulate Alpha points with very low risk, thus earning high-yield airdrop rewards.
I encourage readers to participate in Alpha airdrop activities by rationally assessing costs and weighing returns, adopting a steady mindset for scoring Alpha Points, and employing the scoring techniques mentioned above for long-term planning to achieve the highest returns!