Alpha Point

[juttsab@]

Binance has launched new feature called Alpha Points, where people can earn points in different ways which show in Alpha event and benefits of these points come in form of future airdrop. In this feature, users can earn points by holding funds in Binance, by referrals or through trading volume (only add buying not selling). I do not remember exact date when this feature was live but one of my friends made  $1000+ profit from Alpha Points in past 15 days with around $40 to $50 in fees to earn points. Now, this feature has gained lot of hype.

So, should we earn Alpha Points for future airdrops or not?

[Charles-Tim]

There is nothing bad to earn Alpha points on Binance but do not hold your coins on an exchange because you are looking for Alpha points. If there are other ways to earn it than holding coins on Binance, it is good but if holding your coins is among the criteria, just avoid it.

[Odusko]

Binance has launched new feature called Alpha Points, where people can earn points in different ways which show in Alpha event and benefits of these points come in form of future airdrop. In this feature, users can earn points by holding funds in Binance, by referrals or through trading volume (only add buying not selling). I do not remember exact date when this feature was live but one of my friends made  $1000+ profit from Alpha Points in past 15 days with around $40 to $50 in fees to earn points. Now, this feature has gained lot of hype.

So, should we earn Alpha Points for future airdrops or not?

haven't noticed such on my binance and i did not get an email notifying me lf this new Alpha feature that you mentioning, but having to generate a point that can be use for feature airdrop and nkw talking about using money to generate those points os somewhat a kind of risky thing and if is an investment suggestions o advice you do alot of research about it and dont jumps in just because your friend made such amount from it.

[programmer3666]

alpha points can sure be profitable!! but it kind of depends on how you approach it. your friend was just a bit lucky to make over $1k with only $40 - 50 in fees but not everyone will get the same result. binance is using this feature to increase trading volume, referrals and locked funds so they benefit either way. if you already trade, hold funds on Binance or have referrals then collecting alpha points makes sense because you are not going out of your way or risking extra money. but if you are only doing it just to chase possible airdrops! you should be careful. the rewards are not that guaranteed and the fees can easily become more than what you get in return.

[TastyChillySauce00]

You're basically trading meme for points or any new coin with high volatility.

The caveat is that your profit earned from claiming token might not outweigh the loss incurred but if you're able to figure out the most efficient way you could definitely make profit.
So if you're interested it's worth a try, even better if you're already trading memes while you're at it. From my experience it's only worth to do if you can generate 32k volume daily or above.

[gunhell16]

Binance has launched new feature called Alpha Points, where people can earn points in different ways which show in Alpha event and benefits of these points come in form of future airdrop. In this feature, users can earn points by holding funds in Binance, by referrals or through trading volume (only add buying not selling). I do not remember exact date when this feature was live but one of my friends made  $1000+ profit from Alpha Points in past 15 days with around $40 to $50 in fees to earn points. Now, this feature has gained lot of hype.

So, should we earn Alpha Points for future airdrops or not?

I have no idea about those alpha points you're talking about, OP. And aside from that, Binance is no longer operational here in our country; their website is already blocked here,
though we can still access it through their app.

But just like what one of my colleagues here said, if you're only chasing those points, it really isn't a good thing to do, because your reason is too shallow if that's your only motive.
It's still better to hold potential crypto assets that we truly have control over.

[nelson4lov]

Been there. Done that.

Binance alpha points have netted people good amount of stimmy so much that it could even count as side income that come almost every week because binance lists these projects almost every week on their alpha platform. The only caveat is that, you need to consistently maintain your points balance and that means you can miss out on any day because those points expire after 14 days. So anytime you miss out on earning the daily points, you miss out for like a week or two worth of stimmy.

[bogdanb]

So, should we earn Alpha Points for future airdrops or not?

Binance-Alpha Event: You can do this if you want because if you have an available amount, you can start. If you fulfill the criteria of Alpha every day, you will get points and you will get airdrop according to those points. However, you have to fill the trade volume very carefully. If you take too much or too little while trading, you will lose. If you can fill the trade volume by keeping hold and using some free for everyone then you can do Alpha.