Yesterday #BinanceAlpha an important announcement was released:
In the Alpha 2.0 area of Binance CEX, by buying BSC Alpha coins through limit orders, you can earn 4 times trading points!
📎 Link to the original announcement: https://binance.com/zh-CN/support/announcement/detail/37f90caac9c24988bbd9ce3595a136a2
I personally made a purchase today and would like to share a few key insights:
First point: Must trade in the Alpha 2.0 area of the Binance CEX platform (that is, the Alpha special area), not in Binance Wallet.
Second point: Only buying Alpha coins on the BSC chain counts as 4 times
For example, I bought $BR (which I have been refreshing), if you buy Alpha coins on other chains, it will count for a maximum of 2 times.
Third point: Must use a 'limit order' to buy, not a market order!
Actually, it's all very clear:
Using the Alpha 2.0 limit order function to purchase BSC Alpha tokens = 4 times weight
Buy BSC Alpha coins or buy non-BSC Alpha coins using a limit order = 2 times
Other qualifying purchases = 1 time
🧪[My Actual Purchase]
I have been refreshing $BR in Binance Wallet, 4 times a day, each time at 4130U, calculated at double points, that’s 15 points a day.
Today, I switched to limit order mode and found that the actual transactions here would be much less.
For example, I placed a limit order of 4130U for the first time, but it only executed at 4088U, which did not reach the standard line of 4096U.
The second time, I changed it to 4200U, actually executed at 4161U, which was enough to meet the line of 4096.
So my suggestion: when placing a limit order, at least add 100U more to avoid insufficient execution and not reaching the points standard line.
[About Losses]
Previously, I made four trades in Wallet at 4130U, with a stable daily loss of about 3.2U.
Today in the Alpha area with limit orders, the total loss after four trades is 3.3U, with minor fluctuations, basically consistent.
PS: But be sure to pay attention, $BR started fluctuating again and dropped this morning; be cautious when refreshing!
