Recently, the Binance Alpha-is a feature inside the Binance Wallet that displays encryption projects in the early stage-a registration mechanism called Binance Alpha Points. This system evaluates the user activity within the Binance alpha.
This new registration feature attracted a wave of attention from Airdrop fishermen and has greatly enhanced the Binance Alpha. However, Alpha Binance points sparked mixed reactions.
Daily Binance Alpha volume exceeds $ 330 million
Data From sand dunes indicates that the volume of trading on Binance Alpha has risen after Binance Declare Alpha points on April 25.
By May 7, the trading volume on Binance Alpha exceeded $ 330 million. On May 5 and May 7, the platform recorded more than a million daily transactions. The total accumulated trading volume exceeded $ 2.8 billion, with approximately 117 million transactions.
This achievement reflects the strong call for the Alpha points feature. More users are actively traded to collect points and increase their chances of receiving air drops.
Meanwhile, Binance announces new project lists on Binance Alpha frequently.
How does investors respond to the Binance Alpha Points initiative?
Wonnie, founder of MBMWB3, is a voice supporter of the Binance Alpha program. in mail In X, Wonnie described the program as a “golden window” for users to participate before becoming packed.
Share his strategy to earn 15 points a day. It carries assets of more than $ 100,000, giving him 4 points, trading more than $ 2048 per day, and got 11 points.
Wonnie stressed that the daily cost to maintain this activity is about one dollar of gas fee, highlighting the strong profit capabilities of the program.
“Binance Alpha is still a golden window. Track your degrees. Reduce costs. Take your share during the flow of bonuses”, Wonnie He said.
However, not all investors share optimism. Many people criticized Binance Alpha, describing it as a “extraction scheme”.
One of the main points of the controversy is that alpha points only calculate the activity through the past 15 days. Users cannot collect points in the long run, forcing them to circulate continuously to maintain their degrees, creating great financial pressure.
In addition, the reward requirements have become increasingly strict. Initially, users only need 45 points To receive Aioiot Airdrop. But now, Binance requires 150 points To qualify for SXT AIDROP.
On the basis of binance Method of calculationUsers must even trade 131,072 dollars To earn 17 points.
This has led users to pay transaction fees, but still Not to win enough points To qualify for Airdrop. Some users even reach the required point threshold, however FailureSo they do not receive Airdrop.
“Binance Alpha – a scheme to return you without you until you notice … it seems that Binance is completely greedy. Whenever they give you something, trust me – they take you more indirect criticize.
Despite these concerns, the number of projects in the Binance Alpha continues to grow. According to Coinmarketcap, More than 140 projects It was included on Binance Alpha.
nine Among those projects, Airroprops was conducted through Alpha Points.
Disintegration
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