Binance Alpha's score boosting incurs an 'intelligence tax'? A single trade incurs a $81 fee, turning profit-seeking into a loss!
Binance Alpha suddenly announced: Starting from September 17, score boosting transactions will incur a 0.5% fee! Based on the current value of 13 points = $8192, the fee for buying and selling once can reach up to $81 ($8192×0.5%×2). This move has directly caused an uproar among score boosters: the transaction fee is more expensive than the points earned, turning profit-seeking into being taken advantage of by the platform!
In the past, score boosters relied on 'buying low and selling high' to earn points, but now each transaction incurs a 0.5% fee. Assuming an average of 10 transactions per day, the monthly cost would be $2430, enough to buy half a mining machine. Assuming 13 points = $8192, 1 point is approximately $630. To boost 1 point, one needs to trade about $63,000, with a fee of $315—making the value of points insufficient to cover the transaction fees. Only high-frequency traders or users with over $1 million in capital are likely to cover costs through point rebates.
The 0.5% fee directly deters score boosters, reducing the behavior of system exploitation. Those willing to pay high fees are either high-frequency traders or well-funded large investors, aligning with the platform's trend of 'decreasing retail investor involvement'. Frequent score boosting is easily subject to regulatory scrutiny, and charging fees can reduce the suspicion of 'false trading'.
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