Binance launches Alpha Points scoring system!

Used to measure the user's activity in the Binance Alpha and Binance Wallet ecosystem, the rules for Alpha airdrops and participating in Wallet TGE are finally transparent!

Points not only reflect the user's participation, but will also directly determine whether the user is eligible to participate in important activities such as Wallet TGE and Alpha token airdrops.

Having specific rules means having specific strategies, which is not necessarily a good thing.

Moreover, the rules are closely related to the amount of funds, which will make it more difficult for retail investors to obtain benefits.

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Alpha Points are calculated at two levels:

1) Daily points: composed of the user's asset balance and the transaction volume of purchasing Alpha tokens.

2) Accumulation mechanism: Alpha Points are the sum of daily points in the past 15 days.

Daily points are specifically composed of the following two items:

1) Balance points: based on the total value of the user's assets in Binance Exchange and Binance Keyless Wallet.

2) Trading volume points: based on the amount of Alpha tokens purchased by users every day.

Balance points are divided into the following levels according to the total value of spot assets and Alpha tokens in the user's account:

1) ≥ $100 and <span point

2) ≥ $1,000 and <span points

3) ≥ $10,000 and <span points

4) ≥ $100,000: 4 points

Trading volume points are calculated based on the amount of Alpha tokens purchased by users every day, using a doubling rule:

1) First $2: 1 point

2) 1 point is added for each doubling thereafter: $4 = 2 points; $8 = 3 points; $16 = 4 points, and so on.

Note:

1) Selling Alpha tokens will not reduce the user's points.

2) Daily Points = Balance Points + Trading Volume Points.

3) Alpha Points = The sum of daily points in the past 15 days.

How to check points:

1) Enter the Binance App

2) Search for Alpha Points on the homepage