#BinanceAlphaPoints
🎉#BinanceAlphaAlert Point: Binance’s New Feature for User Activity Evaluation🎉
⚡Binance has introduced Alpha Point, a novel feature designed to evaluate user engagement within the Binance Alpha ecosystem and Binance Wallet. This system rewards active users with opportunities to participate in Initial DEX Offerings (IDOs) and receive Alpha token airdrops, fostering more profound involvement in Binance’s Web3 initiatives⚡
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.
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.
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
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.
