Alpha Points is a points system used by Binance to evaluate user activity in the Binance Alpha ecosystem and Binance Wallet. It determines eligibility to participate in events such as Token Generation Events (TGE) and Alpha token giveaways.
Alpha Points are awarded daily based on the sum of the asset balance on the Binance exchange and in the Binance wallet (excluding private keys), as well as the number of Alpha tokens purchased. Selling Alpha tokens currently does not earn Alpha Points.
Alpha Points are calculated as the sum of daily points for the last 15 days, which consist of balance points and trading volume points.
Here's how points are awarded:
Asset Balance:
Depends on the total value of assets held on the Binance exchange and in the Binance wallet.
Trading Volume:
Depends on the amount of Alpha tokens purchased in USD. For every $2 spent on purchases, 1 point is awarded, and each time the trading volume doubles, the number of points increases by 1.
Alpha Points are not cryptocurrencies and do not have direct monetary value. They are used to determine eligibility for exclusive events and benefits such as token giveaways.
To check the current number of Alpha Points, you need to enter 'Alpha Points' in the Binance app search bar. Points are updated by 14:00 UTC+8.
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