@币安Binance华语 #BR The response speed to the modification of the alpha points rules is very fast. I have always been using limit orders on the exchange to accumulate points, so the fourfold points and twofold points do not make a big difference to me, as what I can accumulate, others can also accumulate. Therefore, the only benefit for me is that I can reduce the amount of capital I use. In the end, I still got caught in a squeeze of 20u.
Why is the fourfold points system of alpha considered a grand scheme? Because for coins like BR that do not have spot and contract trading, the activity in wallets is essentially the main focus of the project team, and exchanges naturally prefer that people trade their money on the exchange rather than keeping it in wallets.
People generally understand limit orders to mean slow transaction speed and high trading fees. However, this is not the case, as most people trading through limit orders directly use the prices provided by the system rather than deciding their prices based on the current candlestick chart and trading volume. This leads to the fact that when the cryptocurrency price is relatively stable with little fluctuation, the buy price offered by the system is generally higher than the sell price. This increases the transaction speed, but when you add in fees and slippage, your actual loss will increase. Therefore, finding the appropriate trading price range is a way to reduce losses or even earn from them. This is also what Binance hopes for, as it wants its exchange to be filled with real traders rather than point-accumulating bots. On one hand, they attract people to the exchange with a fourfold points system; on the other hand, they continuously exhaust the point-accumulating bots with a high points, first-come-first-served method, then use technical means to ban some zombie accounts and point-accumulating accounts, ultimately filtering out a batch of real users who engage in substantial interactions.
What we need to do is to slowly find a balance point in the process of mindlessly accumulating points, how to accumulate points while minimizing wear and tear, and how to qualify for airdrops when needed. This is a matter of each person's capital and strategy. Finding the point that suits you will always yield your own rewards.
