The world of airdrops is currently chaotic and very lively. Why?
Because there's something new from Binance: namely Binance Alpha
In short, Binance Alpha is a feature in the Binance Wallet that provides early access to new tokens before the official listing. It's like getting a sneak peek of crypto projects that might hype up.
Now, it has been upgraded to version 2.0. What's the difference?
The tokens are the same, but now you can buy and trade directly on the Binance Exchange. No need to hassle with switching platforms or using a web3 wallet.
Advantages of Binance Alpha 2.0:
1. Buy tokens directly on-chain at Binance. More practical.
2. No need to withdraw to another wallet. Everything is safe in the Binance wallet.
3. You can use Spot or Funding balance.
4. Instant or limit order? Both options are available. And the good news: no gas fees.
Projects on Binance Alpha often give bonuses to active users, like:
โข You can buy tokens first during the initial release (like buying stocks at an IPO).
โข Exclusive airdrops, only for those who are active or have enough points.
โข Earn points from balances & activities, which can be exchanged to participate in events or claim tokens.
โข Potential listing on Binance, so the tokens you follow can upgrade to Spot or Futures.
Binance Alpha Performance So Far:
๐ฅ Many cool projects are holding exclusive TGEs on Binance Alpha โ only through here can you get early access.
โ Since December 2024:
โข 18 tokens from Alpha have been listed on Binance Spot (43% of new listings)
โข Token prices at TGE can be 8 times cheaper than the price on the first day
โข Average TGE performance increased by 119%
โข A total of 15 airdrops distributed, worth over $1499/user!
โ ๏ธ Since it's getting busier, now TGE & airdrop access uses the Alpha Points system to be fairer.
What are Binance Alpha Points?
It's like your activity score. The more active you are, the bigger your points.
Points are calculated daily, so the more active you are, the greater your chances of making a profit. You earn points from:
โข The crypto asset balance you hold on Binance (the token's origin is on the Alpha list or already in the Spot market).
โข From spending on Alpha tokens (purchase volume)
So the point is: the bigger the balance, the more active you are in spending, the more points you earn, the closer you get to profit.
Note: Selling Alpha tokens does not reduce your points.
This point determines your eligibility to participate in TGE or claim airdrops.
If you participate in an exclusive TGE or claim an Alpha airdrop, some of your points will be deducted.
โก๏ธ For example, in the recent NXPC airdrop, a minimum of 187 points was needed to participate, and only 15 points were deducted.
โ ๏ธ This is an important disclaimer. Although many previous tokens made significant profits (even 8x), it is not a guarantee that all future tokens will be the same.
๐ By coincidence, there is also a double promo, which is buying Alpha tokens on the BSC network and those using limit orders get double points.
Plus you can participate in trading competitions with total prizes in the billions.
We can access everything about TGE, airdrops, and Alpha points that you can monitor at the Binance Alpha Event Portal. Check points, claim airdrops, and participate in TGE directly from there.
Just search for 'Alpha Events' on the Binance homepage, then save the shortcut for easy access!