Now Binance alpha is no longer participated by small capital retail investors. Only those with over 10,000 USDT or even 100,000 USDT can participate in alpha to make money.
Think about it. Others with 10,000 USDT or more have 45 or 60 points in balance points over 15 days. Those with under 10,000 USDT only have 15 or 30 points. Under the same trading volume and the same losses, large investors have a total score that is 30-45 points higher than small retail investors. And balance points have no cost and do not require any investment. Now, gaining even 1 more point eliminates many people. Let alone gaining 30-45 points.
Don’t think about competing with large investors in trading volume; they can outpace you even more. You pay double the time and double the fees, but in the end, you still cannot match the points of large investors.
This points design is actually very unfair to retail investors. Large investors earn so many points without doing anything, while retail investors have to pay real transaction fees just to reach the starting line of others.
Previously, small capital retail investors could make money because they weren’t in the market. Now that large investors have entered, plus Binance has reduced the number of airdrop slots. Before, an airdrop had at least 30,000 out of 50,000 eligible participants. Now, not even 30,000 are qualified, only a little over 20,000 are eligible, and even less than 20,000. It is estimated that Binance will further reduce the distribution volume. So retail investors with less than 10,000 USDT should quickly withdraw and stop wasting transaction fees. Those with more than 10,000 USDT and less than 100,000 USDT can still play for a bit, but they should also be prepared to exit. If the situation is not right, escape immediately. What remains will be the large investors with 100,000 USDT to compete among themselves.