Written in front

Binance’s Alpha points activity has been going on for nearly a month, and those who have participated have already been very excited.

However, as this month progresses, Alpha's rules are constantly changing. How should we respond to maximize profits?

Let me explain it to you in one article!

Alpha Current Activity Project Data Summary

From the end of April to the end of May, almost a month, Binance basically averaged one "Alpha activity project" per day.

If calculated based on the lowest profit on the first day, after completing all the items, the profit is: $ 2269.5, which is approximately: ￥15,000.

This is basically equivalent to three months' salary in a third-tier city.

Binance Alpha has achieved: a surge in registered users on its own exchange; it has also enabled some projects that could only be listed on second-tier exchanges before to now have a way to list on Binance; and most importantly, it has also allowed users to truly realize positive returns. It is truly a win-win-win situation.

Some ideas about brushing Alpha

This is how I view the issue of score manipulation: if you want to make a living on Binance Alpha, just go ahead and do it, no matter what your current score is!

Don’t complain just because your current score is low. The fundamental reason for complaining is that you didn’t work hard enough, so why can others catch up?

Also, don’t deliberately complain about Binance, but calmly analyze the logic behind it:

(1) This is Binance’s platform. As a player, you must abide by their rules. No matter how the rules change, you will not be able to participate unless you stop participating.

(2) For Binance, Alpha's points mechanism is a very good marketing strategy. After all, no one is here to do charity. It's not shameful to make money.

From the perspective of retail investors, I also recommend that everyone swipe:

(1) First of all, the rewards are fixed. Even if you trade, fight dogs, or participate in interactive airdrops, these benefits are unstable, while the rewards of Alpha points seem to be stable at present.

(2) Although your current score is low, those with high scores are also experiencing high score deductions (because they have done a lot of work before, and the score on the earliest day is deducted in a rolling 15-day cycle). Without triggering the "score elimination mechanism", those with high scores are standing still.

(3) The emergence of the point deduction mechanism has caused people with high scores to stay where they are every day, and they still have to endure the deduction of points by the point deduction mechanism.

(4) In other words: if you have a low score, it doesn’t matter to you; if you have a high score, it’s different, you are being weakened all the time; and one day you will catch up. When everyone reaches the bottleneck period, Binance will change the rules again.

(5) If the score is small, don’t worry about the wear and tear (here we are referring to the small wear and tear caused by slippage, not the large wear and tear caused by the decline in the coin price), because the reward you receive once can cover the wear and tear for several weeks, so don’t lose the big picture for the small one.

How to brush Alpha?

(1) First, clarify the composition of Alpha integral

Alpha integral is composed of two parts:

One part is: Position Points

One part is: Trading volume points

The two are combined to make up your score for the day.

Assume: your holdings are 5000U, and your Alpha trading volume for the day is 10000U. Your points for the day are: 2+13=15 points.

(2) What chain’s currency to swipe?

It is recommended to swipe the currency of "BSC chain" here, which has two main advantages:

1. Just a few days ago, Binance reduced the transaction fee of BSC chain by 10 times

2. You can enjoy double trading volume by brushing BSC’s trading volume (that is, if you brush 100U of BSC chain currency’s trading volume, Binance will record 200U of your trading volume)

(3) Determine the gear you want to brush

Due to the integration of our holdings, there will hardly be much change.

So we just need to control the "trading volume points".

To talk about the results directly, it is recommended to brush up at least 17 points every day, which is 255 points in a 15-day cycle, so as to cover all current activity thresholds.

The specific operation method is:

Differentiate the daily volume into a certain score level

For example, if I want to get 17 points every day, assuming my position points are 2 points (position volume is between 1k - 1w), then my trading points must be 15 points to get 17 points.

According to the "Trading Volume Points" chart given above, the trading volume must be maintained at 32768U to obtain 15 points, plus the position points, the final score is 17 points.

So we just need to brush enough 32768U transaction volume every day

At the same time, since the transaction volume of the BSC chain is double the points, the transaction volume of "32768U" needs to be cut in half, that is, "16,384U" must be reached every day.

To break it down further, if the transaction volume of "16,384U" is swiped one transaction at a time (that is, 2000U is bought and sold once), only 9 transactions are needed every day.

If the position is less than 1000U, that is to say, the position point is only 1 point, then you need to make up for it with trading points. The trading points need to be increased to one level, that is, 16 points. The corresponding trading volume is "65536U". The BSC chain transaction volume is halved to "32768U", and the corresponding number of transactions will also be more.

You can do the same according to your own holdings.

In short, 17 points is a relatively cost-effective score that we have summarized so far. If you brush it more, the wear and tear will be higher, and if you brush it less, it will not be able to cover the threshold score.

(4) How to find coins with less wear and tear

After we know which chain to swipe and which score level to swipe, what currency should we swipe?

In order to prevent excessive wear and tear, it is recommended to choose currencies with large trading volumes. Large trading volumes mean good liquidity, and the wear and tear will be relatively smaller.

Here is a website where you can see which Alpha currencies are ranked by transaction volume per hour and per day. Just look at the top few and refresh.

Website:

https://dune.com/pandajackson42/binance-alpha-20-purchase-dex-tokens-directly-on-binance-cex


Last words

As for Binance Alpha, after a month of testing, we found that it is indeed a very good way for retail investors to make profits. Although the amount is not much, if you keep using it, the profits will gradually increase over time.

For an activity that is so simple to operate, has clear profits, and has long-term benefits, you really don’t need to care whether you can get the coupon or not. If you swipe, you will have a chance. If you don’t swipe, you will never have a chance!