#BinanceAlphaPoints What is Alpha Point?

Alpha Point is a scoring mechanism that measures user activity based on their asset holdings and trading behavior. It determines eligibility for exclusive events like IDOs and airdrops, incentivizing users to stay active in the Binance ecosystem.

Binance launched this feature to prioritize dedicated users, ensuring that rewards such as early token access go to those who contribute significantly to the platform’s growth. By introducing Alpha Point, Binance aims to create a fair yet competitive environment, encouraging users to engage more deeply with its Web3 offerings.

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How to Calculate Alpha Point?

Alpha Points are updated daily before 1:00 PM and calculated using two key metrics over 15 days:

Balance Points (Hold): Binance users will receive points based on the total balance of spot tokens and Alpha in their account and Binance Wallet. For example, a balance of $100–$1,000 earns 1 point, while $100,000 or more earns 4 points.

Read more: How to participate IDO on Binance Wallet

Volume Points (Volume): Points are granted for buying Alpha tokens on the exchange or wallet. The formula starts with 1 point for the first $2, adding 1 point for each doubling of the amount (e.g., $8 earns 3 points, $1,024 earns 10 points). Selling Alpha tokens does not contribute to the score.

Source: Binance Exchange

Total Alpha Points combine both balance and purchase points, motivating users to maintain high balances and actively trade Alpha tokens.

Most recently, Binance has announced the listing of $SIGN (Ethsign) on Binance Alpha. Besides, users can receive the $SIGN airdrop when they meet the required points on Alpha Point. The exact amount of Alpha points will be disclosed later, on April 28.

Get ready! Binance Alpha will be the first platform to feature EthSign (SIGN)! Trading will open on April 28th, with the exact time to be announced. 🚀