I bought OBOL on Binance Alpha and was charged an excessive fee, what happened here?
Today I made a purchase of the cryptocurrency OBOL on the Ethereum network and what was my surprise that I was charged a fee of more than 80%, since I made the purchase for 30$ and was charged 24.81$ as a fee.
In the TON ecosystem, the Airdrop of TIMETON is about to arrive, which requires a refundable gas fee of 9 TON to facilitate user eligibility and rule out bots, according to their own statements, as indicated in the latest project announcement included below:
"📢 Dear users!
⏳Only 2 days left until the verification ends and the claim phase begins.
🎯 This is a key moment for everyone who has been with us from the beginning: the final step before receiving your well-earned tokens.
💰 To complete the verification, you will need to make a small transaction. 📌This amount will be fully refunded before the announcement.
🛡 This step ensures that the rewards go to real participants, not to bots or temporary accounts. It protects the economy, prevents abuse, and helps us launch on fair and stable terms.
⚙️ The process only takes a couple of minutes, but it makes all the difference.
💎Thank you for being part of TimeTON. We appreciate your support and are doing everything possible to ensure that the gift reaches those who truly believe in the future we are building.
👉Check your status now at @TimeTONbot and get ready to claim"
Do you want to know how to minimize commissions on Binance Alpha?
To minimize commissions when buying coins on Binance Alpha, you should try to buy according to the governance coin of the network in which the coin you want to buy is located.
To do this, I suggest the following:
1.- Go to Trade on the exchange, locate the coin in Alpha that you want to buy
2.- Click as if you were going to buy it in trade, you will see the governance coin of the network and the coin you want to buy. 3.- That's it, that is the governance coin of the network, you need to have that coin to minimize commissions. 4.- If you do not have that coin, go to convert and exchange 5.- Go back to step one and buy, done
I hope this is useful to you, that's all for today friends, see you next time...😊
Announcement Support Center Announcement Latest activities Binance... Orders Binance Alpha Points Promotion: Earn extra points for purchases of Alpha tokens from BSC or limit orders 2025-04-30 09:07 This is a general announcement. The products and services mentioned may not be available in all regions.
Binance colleagues:
To celebrate the growth of the Alpha token ecosystem and reward our most active traders, we are launching a limited-time Binance Alpha Points promotion starting on 01-05-2025.
Promotion period: From 01-05-2025 until further notice.
During the promotion period, users can earn additional Alpha Points through eligible trades. Specifically:
• Purchases of Alpha tokens from BSC and
• Purchases of Alpha tokens through limit orders (on any network)
will be counted twice for users' Alpha trading volume.
Alpha Volume Formula:
Alpha Volume = 2 * (Purchases of BSC Alpha tokens + Limit buy orders) + Other purchases
Example:
• Instant purchase of $100 of token ABC (not from BSC)
• Instant purchase of $110 of BSC token XYZ
• Limit purchase of $120 of token ABC (not from BSC)
• Limit purchase of $130 of BSC token XYZ
Alpha Volume = 100 + 110*2 + 120*2 + 130*2 = 820.
The user can earn 9 points.
More information about calculating Alpha Points here: FAQ on Binance Alpha Points
How can we become eligible to win the Instant Airdrops on Binance Alpha...?
If you have read all my posts, you already know what it's about, so let's get straight to the point...
We know that there are only two ways to accumulate daily points: 💵 BALANCE 📈 VOLUME
So YOU have to accumulate as many points as possible every day.
How do we do it?
At least 1 point for a general balance in your account of $100; this amount is the minimum you must have, NO ifs or buts.
And here is the interesting part: earning points through volume. As I explained earlier, the minimum you need to buy is 2$ to get 1 point, and so on with duplicated amounts.
The conditions for eligibility for an Instant Airdrop on Binance Alpha can change every day, so you need to accumulate points every day, with only the points accumulated in the last 15 days being valid.
Now, how do we achieve those points with Volume?
There are only two ways, my friend,
💸 The first way is always buying Alpha coins in the wallet or exchange, only Alpha coins, based on the duplication of the amount to generate points, which we have already explained. For those who have the capital and availability, they can do it.
💸💸 The second way to do it is by SELLING and BUYING only coins in Alpha. This option has the advantage of a lower investment; however, it comes with two risks. One, that the coins you buy drop in price; minimize this risk by trying to buy the most stable coins possible or that go up 😊. Two, the commissions they will charge you when selling and buying.
That's all for today, friends. Tomorrow I will teach you how to minimize the commissions on Buying and Selling coins on Binance Alpha
Alpha Points System, the more accumulated amount you have =》Guaranteed airdrops on Binance Alpha
What is the Alpha Points System?
The Alpha Points System is a metric established by Binance that grants daily accumulated Points during the LAST FIFTEEN DAYS (15) for TWO activities within the platform:
💵 BALANCE 📈 VOLUME
WHAT DOES THIS MEAN?🤔..... I'LL EXPLAIN!!!
💵 BALANCE It is the amount you have within the platform in a range between *100$ MINIMUM and 1000$ to obtain 1 DAILY POINT *>1000 and <10,000 to obtain 2 DAILY POINTS, in the image I show you the complete table
📈 VOLUME It refers to the amount of Points you can obtain by BUYING coins within the Binance Alpha system, if you buy a coin for 2$ you will get 1 point and then you will earn an additional point for DOUBLED AMOUNTS, that is
*2$ =》1 point *4$ =》2 points *8$ =》3 points *16$ =》4 points And so on, see image.
That's all for today friends, don't miss my publication tomorrow about Binance Alpha, where I will tell you how to operate to be eligible for Instant Airdrops
Benefits of Interacting in Binance Alpha. Instant Airdrops.
In the Binance exchange, there is Binance Alpha (see my previous post), and among the benefits of interacting in this system is the ability to buy Web3 coins directly on the exchange, with the potential for explosive growth but also the risk of significant drops, and the most interesting part is being able to opt for Instant Airdrops 💰💰
Are you interested? Let me tell you,
Binance has been perfecting this space to offer opportunities to enter Binance Alpha for emerging projects with great potential, while also benefiting its users who interact (buy cryptocurrencies) in Binance Alpha with the possibility of opting for Instant Airdrops, with clear and concise rules through an Alpha Points System. The more points you generate, the more chances you have to obtain these airdrops offered by the projects listed in Binance Alpha. Below we show some of the projects that have recently provided airdrops.
That's all for today, friends, don't miss tomorrow's article, where we will explain what the Alpha Points System consists of, its rules, and important data to consider.
#BinanceAlphaAlert #My Post No. 4 Part II How to interact with Binance Alpha...? Buy?🟩 Sell?🟥 Fees?💸 And what is the benefit of investing in projects included in Binance Alpha?📈
To interact with Binance Alpha directly on the Binance exchange platform, in the Markets section at the top, the name Alpha appears. Upon entering, you can go to All or specifically to the coins by network, choose your favorite, as shown in the images included at the bottom. You can freely choose your coins to trade. Remember that each transaction you make will have a fee that varies depending on the currency you use to buy and the network. In the Assets section, you can view your coins and buy and sell easily, comfortably, and securely.
When buying your coins, remember to do your own research.
Keep in mind that the tokens listed on Binance Alpha are in Web3, but visible and you can buy and sell directly on the exchange and correspond to several networks, specifically Initial, Ethereum, BNB Chain, SOLANA, and BASE.
All these already included projects compete to be listed on the exchange, but imagine what happens behind the scenes with the projects that want to be included in Binance Alpha, willing to offer benefits in the form of Instant Airdrops to have users already certified on Binance and for them to become holders of their projects. This creates the possibility of great benefits just by interacting on Binance Alpha.
We could say that among them will stand out the next stars of the crypto market.
Due to the interesting, extensive nature and the potential to generate income through Binance Alpha, I will be making several more posts to try to help all those Binance users in the use and understanding of Binance Alpha. Tomorrow, Real Functioning of Binance Alpha Point.
That's all for today, friends... and as always, we save the best for the final chapter...
My Publication N°3 Part I Introduction to what Binance Alpha is....!! BINANCE ALPHA, A BEAUTIFUL, WILD, AND POTENTIALLY VERY LUCRATIVE SPACE, AND OF COURSE WITH GREAT RISKS
Binance Alpha is a space within the Binance wallet designed to help users discover emerging cryptocurrency projects in their early stages within the Web3 ecosystem.
The tokens included here demonstrate strong interest from their communities, growing traction, and alignment with key market trends, based on Binance's expertise and analysis. While their inclusion does not guarantee future listing on the world's largest exchange, Binance Alpha offers users an early insight into potentially promising projects.
That's all for today, friends. Tomorrow we will have our second part, where we will report on how to buy, sell, fees, etc.
Solidus AITECH is a project that aims to democratize access to Artificial Intelligence (AI) and High-Performance Computing (HPC) through infrastructure built on blockchain technology. Its main goal is to offer AI solutions as a service (AIaaS), GPU Marketplace, and a launch platform (Launchpad), all powered by its native token, AITECH. Project Key Points: * Eco-Friendly HPC Infrastructure: They have built an 8,000 square foot HPC data center in Europe, focusing on sustainability and energy efficiency. They plan to expand with more data centers globally.
My first post on Binance Square... I hope to do a good job and improve little by little.
I will be posting about the coins I like, interacting with you to get to know them, seeing their pros and cons, and everything relevant about the coin.
I am really going to start with this coin that I like a lot, note that it is not financial or investment advice, each person assumes their own risks, it is called AITECH, it is already listed on Binance Alpha, and I see enormous potential in it.
Its game is completely addictive, at least for me haha, and very well structured. The support channel surprised me pleasantly.
In my next post, I will include data and information about this project, hoping to catch your attention to my posts, until next time...$