📉 Binance Alpha: Trading Tournaments Where You Can Drop Out of the Rankings in Just One Day
I've been tracking the Binance Alpha trading competitions and noticed an incredible trend — the minimum trading volumes required to make the rankings are growing exponentially, not over a week, but within a single day, from June 3 to June 4.
Here are some specific examples:
🔸 $BANK — from ~$14,800 to $35,000+
🔸 $REX — from ~$18,500 to $52,000+
🔸 $PUFFER — from ~$10,000 to $28,600
🔸 $FHE — from ~$6,400 to $23,500
🔸 $AGT — from ~$4,400 to $14,400
📈 That's a 2.5x–3.5x increase in just one day.
💭 I personally traded around $12,000 on $BANK and $16,000 on $FHE manually — but the very next day, I no longer qualified for the minimum rankings. And that’s not even counting the significant fees that eat into your returns.
🤔 It really feels like automated bots are participating in these tournaments, massively inflating volumes and pushing the bar higher and higher. For an average user, it's becoming nearly impossible to compete.
⚠️ What this means for everyday traders:
— You spend time and money on fees
— You build volume hoping to rank
— But each day, your chances of winning drop significantly
❗️Conclusion:
With every new tournament, participating becomes less worthwhile — the entry threshold is no longer for regular users, but for automated players using trading bots. Even if you invest and pay high fees, the reward might not even cover your costs.