Seeing that Binance has already launched 100 rounds, it has also risen from over 200 to over 800.
Looking back at the Alpha activities I've participated in since February, I was surprised to see that my family gathered 7 accounts and made over 13,000 USD in just a few months, nearly 100,000 RMB.
Binance Alpha has opened the door for many ordinary people to enter the crypto market.
My sister was initially filled with distrust toward the crypto world and didn't understand what I was doing, but after frequently using facial recognition to claim Alpha airdrops and learning their value, she became interested.
Now she has her own account to earn Alpha, and she actively checks her scores even more than I do.
Another colleague, who often heard us discussing Alpha gains, also joined in. In just over a month, he made 500 USD and converted it into over 3000 RMB, receiving it as a 13th-month salary this year.
Binance Alpha is truly a great way for ordinary people to access the crypto market, with low barriers and quick results.
During the last bull market or the bear market two years ago, I couldn't explain to my family what the crypto world was or how to make money because every way of earning wasn't immediate and had its own time cycle.
High-yield strategies come with high risks. Long-term holders need time to see returns, while newcomers cannot wait that long.
The ability to earn money quickly is the most direct attraction for ordinary people entering the crypto space.
When Alpha first launched, you could see profits after trading for just 15 days, with airdrop earnings ranging from 20 to 50 USD. On a lucky order, you could make several hundred dollars, earning 200 bucks in just a few days, quick and straightforward.
With liquidity and realizable profits, earnings are visible. Even if it's just 5 or 10 USD each time, it's quite attractive for new players.
They can finally feel the speed of the cryptocurrency world and see the daily increase in their account balance.
The Alpha airdrop involves obtaining Alpha points by trading Binance's Alpha tokens based on the amount invested in Alpha tokens. Having points grants eligibility for airdrops. Selling Alpha tokens for stablecoins yields profits.
There's no need to analyze what the project is or to follow on-chain for one or two years. By buying and selling a few trades daily and participating in Alpha via Binance, you can earn income that is visible daily.
Binance Alpha has also changed the way tokens are issued for web3 projects.
In previous projects, token holders included investors, project operators, and community users.
Community players need to continuously engage in on-chain interactions. Based on their activity level, interaction frequency, and even staking amounts, they can earn airdrop token shares.
Currently, Binance Alpha is very popular, and the project has reduced the token distribution to the community, providing airdrops to Binance Alpha players in exchange for qualification to go live on Binance.
For Binance, Alpha players, and project parties, it's a win-win. However, for those who are diligently engaging in on-chain interactions, the number of airdrops has significantly decreased, leading to disappointment and exit from the on-chain community.
Yet it has opened the door for ordinary players to enter web3.
It's hard to evaluate the positive impacts Binance Alpha has brought to the industry, but it has made significant contributions to expanding the user base of the crypto market.
Even grandparents from the 50s and 60s can handle Alpha, let alone young people. Each bull market attracts new users into the crypto space, allowing it to continue developing.
As more players join, Alpha profits will decrease. From my personal records, earnings have indeed been declining each month, and I wonder how long the hype will last.
But every profit is earned; if there's profit, continue playing. If not, seek new opportunities. There is always hope in the crypto world.
How long have you been playing with Binance Alpha? What are your earnings?
I am Chuxiao Chain, let's focus on the crypto market together, attention to the crypto world.
