Play Binance Alpha safely! I am a cautious spender, and today I want to share some ways to optimize your capital.
1. **Optimize trading frequency**:
You should perform 8 swaps each day with a goal of earning 13 points from trading and an additional 2 points from holding coins. Thus, the calculation formula will be (13 + 2) * 15 = 225 points.
2. **Choose stable trading pairs**:
Look for a swap pair with low volatility to achieve good scores, and I recommend KOGE because it has high liquidity and low volatility.
3. **Trading costs**:
After every 8 swaps, I only spend about 2 to 3 USD, so the total cost will be 2 USD * 15 days = 30 USD.
4. **Control swap fees**:
Closely monitor trading costs. The goal is to ensure that swap fees are less than 0.07% to avoid incurring high costs.
5. **Conditions for receiving free tokens**:
With a score of 225 and the new FCFS rule of Binance Alpha, we only need between 170 to 180 USD to qualify for free tokens, while on average, one can earn between 30 to 50 USD.
6. **Investment notes**:
I do not participate in tournaments as they often require a large capital and trading with pairs that have high volatility, which can lead to high risks.
Be slow and sure in all your spending decisions! Good luck everyone!
And prepare FCFS for coin $BGSC at 9:30 tomorrow, everyone.
#alpha $BGSC $KOGE