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 the 'Alpha Activity' from the recommendations to the homepage, and you will see it on the homepage.
2️⃣ Open 'Alpha Activity', as shown in Figure 3, read the composition of points. In simple terms, Alpha daily points = balance points + Alpha token trading volume points (the daily snapshot time is UTC 0:00, which is 8:00 AM Beijing time, marking the end of the previous day's points calculation).
3️⃣ Balance points are calculated based on the balance at 8:00 AM that day, which includes the balance in the exchange + the balance in the Binance wallet. Total balance of 100U～1000U earns 1 point for that day's balance; 1000U～10000U earns 2 points, as shown in the lower part of Figure 3, and so on.
4️⃣ Alpha token trading volume points rules: As shown in Figure 4, the trading volume is calculated as the power of 2, meaning that the points earned that day are equal to the exponent. For example, if I trade at 2 to the power of 16, which is 65536U, I earn 16 points.
5️⃣ The following is how to increase trading volume: As shown in Figure 5, click on the bottom menu bar 'Market', select 'Alpha' in the top menu bar, and choose 'BSC' in the secondary menu bar, sorting the trading 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 placing a limit order to buy BSC's Alpha tokens in the exchange, you enjoy a 4x trading volume weight, meaning if I buy 1000U worth of tokens, it's counted as 4000U worth of purchases.
(Note: 1. This needs to be done in the exchange, not in the Binance wallet. 2. Limit order, not instant order, will be explained below. 3. On the BSC chain, which is why the previous point selected the BSC option. 4. The 4x trading volume includes the calculation of trading volume points, only counting purchases, not sales.)
7️⃣ How to increase trading volume? Refer to Figure 7, select 'Limit' in the upper left corner, keep the price unchanged, and just enter the trading volume. Once familiar with the operation, you can click the 'small pencil' to customize the trading volume (buy and then sell immediately).