The cryptocurrency exchange Binance has begun to take action against traders who use bots to earn points in the Alpha Points rewards program. The platform's team has decided to completely ban the use of trading bots.
Any use of bots, including but not limited to scripts, automation tools, or other methods that do not require manual intervention, will be considered a violation, the cryptocurrency exchange stated.
In addition, Binance representatives stated that they have updated their risk control systems to better detect and suppress the use of bots on the platform. If it is determined that an account has violated the ban on illegally obtaining points on the platform, the exchange may revoke the reward and, if necessary, restrict the account's operations.
The Alpha Points program rewards users who interact with projects presented on the platform. Users can earn points by completing certain tasks or achieving specific results. To earn more bonuses, traders have begun to use bots to simulate activity and program them to automatically perform tasks.