Binance will implement the Alpha Points incentive program starting May 1, 2025, to boost trading of Alpha Token in the Alpha 2.0 ecosystem.
Binance applies a mechanism to double or quadruple the trading volume of Alpha Token based on the purchase form and type of Token, aiming to encourage users to actively participate and benefit through Alpha points.
MAIN CONTENT
The Alpha Points program starts at 00:00 on May 1, 2025 (Vietnam time).
Trading BSC Alpha or placing limit orders on Alpha 2.0 is counted as double volume.
Purchasing Tokens in both forms is counted as quadruple, increasing the chance to earn Alpha points.
When does Binance's Alpha Points program start and what is its goal?
Binance will launch the Alpha Points program from 00:00 on May 1, 2025, Vietnam time, aimed at encouraging trading and developing the Alpha Token ecosystem. This event seeks to motivate users to trade actively, thereby strengthening the position of Alpha Token in the cryptocurrency market.
Mr. Changpeng Zhao, CEO of Binance, once emphasized that:
"Enhancing interaction with the Token ecosystem is key to promoting the sustainability and development of every project in the cryptocurrency space."
Changpeng Zhao, CEO of Binance, April 2025
What benefits do users receive from this special trading volume calculation mechanism?
Participants in the program will have their trading volume doubled when purchasing BSC Alpha Token or placing limit buy orders on the Alpha 2.0 platform. If trading combines both forms, the trading volume is quadrupled, thus increasing the Alpha points received.
This calculation mechanism is designed to encourage diverse activities within the ecosystem, helping users optimize benefits and increase liquidity for the Alpha Token market.
Who is eligible to participate in the Alpha Points program?
Only users residing in eligible areas who have completed KYC verification and hold a valid Binance wallet can participate in the program. This requirement is to ensure transparency and compliance with legal regulations, while also protecting user rights in the evolving cryptocurrency ecosystem.
How does the calculation of trading volume differ among various types of activities?
The trading volume of Alpha is calculated based on different weights for each type of transaction: purchasing BSC Alpha or buying Tokens on Alpha 2.0 with limit orders receives double points, while combining both forms receives quadruple. This optimizes conditions for users to actively diversify trading methods to earn more Alpha points.
"The application of weighted trading volume helps enhance user dynamism and flexibility while creating a healthy and sustainable Token ecosystem."
Cryptocurrency market analyst, 2025
Frequently Asked Questions
1. What are Alpha Points and what effect do they have?
Alpha Points is a points program for trading Alpha Tokens on Binance, enhancing incentives and benefits when trading this Token.
2. How is the trading volume calculated in this program?
The trading volume of BSC Alpha purchases or limit orders on Alpha 2.0 will be doubled; if both forms are combined, the volume will be quadrupled.
3. Who is eligible to participate in Alpha Points?
Eligible users must complete KYC, reside in permitted areas, and hold a valid Binance wallet.
4. When does the Alpha Points program take place?
The program starts at 00:00 on May 1, 2025, Vietnam time.
5. Are there any special requirements when trading to receive incentives?
Users need to purchase BSC Alpha Token or place a limit buy order on Alpha 2.0 to have their trading volume counted for the incentives.
Source: https://tintucbitcoin.com/alpha-token-binance-lenh-gioi-han-thuong-4-lan/
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