I started participating in Binance Alpha airdrop on June 1. My best friend came during the bonus period, made a big profit, and then invited me to come here to play. At first, I was confused, really. Then she taught me step by step how to calculate trading volume? How to minimize wear and tear?
Embarrassing story one: passively squeezed by 125uOnce when I was increasing my trading volume, I fell asleep because it was too late, and when I woke up, it was already 4 AM. I just remembered that I hadn't finished brushing the trading volume, and when I opened my account, I was shocked. I was directly passively squeezed by 125u. At that moment, I was so angry that I almost went crazy.
Warm reminder: Remind friends that no matter when you are brushing trading volume, you must always sell and convert it to u before being busy with other things!
Embarrassing story two: Trading volume points were not captured!!
Unintentionally, while using a VPN, my wallet reminded me: there was an anomaly while using your wallet, and it cannot be used again. Please transfer your available assets. (I later found out that it was fine, and it would be okay in a few days.) At 5 AM, I resolutely transferred the assets in my wallet, deleted it, and then replaced it with a new wallet. As a result, before 8 AM, my trading volume points were not captured. After contacting customer service, they said that my trading points were not captured at all, and I was completely dizzy!
Warm reminder:
Do not easily clear the assets in your wallet and delete them. This may cause you irreparable losses.
Embarrassing story three: Miscalculation of trading volume when brushing orders at the current price, lost wear and tear
We all know that when trading at the current market price on the exchange, the points are calculated based on 4 cents. I used 1025u to brush the orders, and I traded using limit orders, which means we are effectively buying at the highest price and selling at the lowest price. Eight transactions are enough, and in fact, the average amount for each transaction is less than 1024u. So after brushing the orders, the trading volume did not even reach 15 points, which is 65536. Lost the wear and tear fee, and as a result, the trading points were calculated at 14 points, which is not worth it!
Warm reminder:
If we calculate each transaction at 1024, we need to take out more u to brush the orders, like 1030u. The wear and tear for 15 points is about 1.6, so no matter how we brush, the trading points will be enough!
Embarrassing story four: Account encountered risk control
On the 4th day of brushing points, I encountered risk control. I was very confused because I hadn’t done anything illegal, and everything was done according to normal procedures. I usually do lifestyle education, do contracts, and often interact with fans in the square, without any reason to be banned. Later, I found out that it was due to the cloning software that came with the phone. After I uninstalled it, my account was back to normal on the third day.
Warm reminder: When you receive a risk control reminder from Binance, do not be overly anxious. Check if there is a cloning software on your phone and make sure to uninstall it to avoid future troubles!
Dear ones, what interesting things have you encountered in Alpha? Feel free to leave a message in the comments to exchange and learn together.