By the way: Although the article is long, making money is not easy.
1️⃣ Before we start, we need to bring up the Alpha interface for daily viewing: as shown in Figure 1, click 'More' in the exchange homepage component; refer to Figure 2, click the small pencil to add 'Alpha Activity' from recommendations to the homepage, and you will be able to see it on the homepage.
2️⃣ Open 'Alpha Activity', as shown in Figure 3, read the composition of points. Simply put, Alpha daily points = balance points + Alpha token transaction volume points (the daily snapshot time is UTC 0, which is 8 AM Beijing time, ending the point calculation for the previous day)
3️⃣ Balance points are calculated at 8:00 AM that day, including the balance in the exchange + balance in the Binance wallet. Total balance of 100U to 1000U, the balance points for that day is 1 point; 1000U to 10000U, the balance points for that day is 2 points, as shown in the lower part of Figure 3, and so on.
4️⃣ Alpha token transaction volume point rules: as shown in Figure 4, the transaction volume is raised to the power of 2, and the points earned that day will be the same. For example, if I boost a transaction volume of 2 raised to the 16th power, which is 65536U, I will earn 16 points.
5️⃣ Below is how to boost trading volume: as shown in Figure 5, click on the bottom menu bar 'Market', select 'Alpha' in the top menu bar, choose 'BSC' in the secondary menu bar, and sort the transaction volume from high to low, selecting the currency with the highest trading volume.$KOGE
6️⃣ Why choose this? As shown in Figure 6, refer to Binance's official tweet: when buying BSC's Alpha tokens with limit orders within the exchange, you enjoy a 4x trading volume weight, which means if I purchase tokens worth 1000U, it counts as purchasing 4000U.
(Note: 1. It needs to be within the exchange, not in the Binance wallet 2. Limit orders, not instant orders, will be discussed below 3. BSC chain, which is also why the previous point selects the BSC section 4. The 4x trading volume includes the calculation of trading volume points, and only counts buys, not sells)
7️⃣ How to boost? Refer to Figure 7, select 'Limit Order' in the top left corner, you don’t need to change the price, just input the transaction amount. Once you are skilled, you can click the 'small pencil' to customize the transaction amount (buy and then sell immediately).
8️⃣ For example, I place 1100U in the exchange every day, and then every day I boost a limit order of 1100U of $KOGE, which corresponds to a trading volume of 4400U, earning 2 points from balance points + 12 points from transaction volume points = 14 points (the daily points update around 1 PM the next day).
Tip1: Many friends might feel that the threshold is too high when they see this and give up, but in fact, the threshold is not high at all. With 1000 yuan or 150U, you can get started. Earning 1 point from balance points daily, boosting 1100U in trading volume, with a loss of 0.something U, you can have 210 points in 15 days, which allows you to claim an airdrop once. On this basis, every day boosting the transaction volume points by one more point means you can claim an additional airdrop in one cycle.
Tip2: Points are on a 15-day cycle, and on the 16th day, the points from the first day will be cleared, then it will loop back.
Tip3: Since Alpha stabilized, there has been at least one airdrop every day. Airdrop information needs to be followed on Binance's official Twitter or Binance Square accounts, but Twitter is the most timely. If I see it, I will also repost it in the Square promptly.