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Binance Alpha Points Requirements and How to Claim Airdrops

5 min read · · Korean original

Contents 5
  1. Alpha Points Balance Requirements and Daily Points
  2. How Many Points Do You Get for Buying Alpha Tokens?
  3. Alpha Points Expiration and When They Show Up
  4. How to Apply for Binance Alpha Airdrops and the Requirements
  5. What to Know Before Joining Alpha Airdrops

Did you trade Binance Alpha tokens but your points stayed the same? You need to hold at least $100 in assets that count toward points before your purchase amount turns into points. If you don't meet this requirement, buying more won't earn you any volume points.Source 1Binance, Alpha Points FAQ

Binance Alpha Points are points you earn based on the assets you hold and the amount of Alpha tokens you buy. You can use these points to apply for airdrops. However, collecting points doesn't mean tokens will arrive automatically. For each event, you need to meet the required score and apply yourself within the claim window.

Alpha Points Balance Requirements and Daily Points

Balance Points are earned based on how much you hold in assets that count toward points. Eligible assets on the Binance exchange and in Binance Wallet are added together and valued in US dollars, and you can earn 1 to 4 points per day.Source 1Binance, Alpha Points FAQ

Balance counted toward pointsDaily balance points
$100 or more, under $1,0001 point
$1,000 or more, under $10,0002 points
$10,000 or more, under $100,0003 points
$100,000 or more4 points

Not everything shown in your wallet counts. On the exchange, eligible assets include tokens listed on the spot market and assets in your Alpha account. In the wallet, Alpha tokens and spot-listed tokens are included. Some decentralized finance (DeFi) assets and qualifying liquidity provision assets also count.

If your eligible balance is under $100, you won't earn volume points or task points either. If you bought tokens and your points didn't go up, check whether the portion of your holdings that counts toward points is at least $100.

How Many Points Do You Get for Buying Alpha Tokens?

Volume Points are calculated from the amount of Alpha tokens you buy in a day. An eligible purchase amount of $2 earns 1 point, and $4 earns 2 points. After that, you get 1 more point each time the amount doubles.Source 1Binance, Alpha Points FAQ

Eligible daily purchase amountBase volume points
$5129 points
$1,02410 points
$2,04811 points

Let's say your balance counted toward points is $1,000, and you buy $1,024 worth of Alpha tokens in a day. If there's no separate multiplier that counts extra volume, you get 2 balance points + 10 volume points = 12 points for the day.

Only the amount you buy is counted here. Even if you buy $1,024 worth and then sell all of it, your eligible purchase amount is still $1,024. Selling doesn't reduce a purchase amount that's already been counted, but the amount you sell doesn't earn you any extra points either.

Where you buy and what you pay with also matter. You need to buy on the Binance exchange or in the Binance Keyless Wallet, and pay with a token listed on the Binance spot market. Volume from wallets that were imported from or exported to outside services doesn't count. Trades made after an Alpha token is listed on the spot market are also excluded.

Alpha Points Expiration and When They Show Up

Alpha Points aren't something you can keep stacking forever. Each point disappears 15 days after the snapshot date on which your balance and trades were recorded. The total shown on screen reflects the points you earned and spent over the last 15 days.Source 1Binance, Alpha Points FAQ

Following the example above, if you earn 12 points a day for 15 days and don't spend any, your total is 180 points. If you earn another 12 points the next day, the oldest 12 points drop off and the new 12 points come in. Keeping the same conditions keeps your total at 180, so collecting for a month won't give you 360 points.

The daily cutoff is 11:59:59 PM Coordinated Universal Time (UTC). Points from trading aren't added right away, so your total may stay the same right after you trade.

Points you spend on events also don't disappear from the screen right away. When you confirm participation, the points are used immediately, but they're deducted from your total the next day. Even if the points still appear on screen, you can't reuse points you've already spent.

How to Apply for Binance Alpha Airdrops and the Requirements

You apply for airdrops yourself through "Alpha events" in the Binance app. Even if you've collected the required points, you only receive the airdrop once you complete the application.Source 1Binance, Alpha Points FAQ

  1. Search for "Alpha events" on the Binance app home screen.
  2. Open the airdrop you want to join and check the required score, the claim window, and the points that will be deducted.
  3. If you meet the requirements, confirm your claim or participation on the event screen.

The required score is the threshold for being able to apply, and the deducted points are what you spend to participate. Meeting the required score doesn't mean all your points get used. The actual number of points spent is shown on the event screen.

Some airdrops are run in two rounds. First, users who meet a higher score threshold apply. After that, the threshold is lowered and the remaining supply is distributed on a first-come, first-served basis. You can't claim the same airdrop twice, and the required score and timing differ from event to event.

Eligibility is determined by your points when the event starts. Buying more tokens after an event opens won't be reflected right away. Even if your total changes while the event is running, your eligibility for that event stays the same.

What to Know Before Joining Alpha Airdrops

There's no fixed score that lets you apply for every airdrop. If there's an event you want to join, check both the required score and the points to be deducted shown on that screen. The claim window and how the tokens are distributed also vary by event.Source 1Binance, Alpha Points FAQ

To earn Alpha Points, you first need to meet the $100 eligible balance requirement. From there, points build up based on your balance and how much Alpha tokens you buy. To receive an airdrop, use the points you've collected to meet the application requirements, then apply yourself within the set time window.

AUTHORAbout the author

BitpunkCrypto research editor

Writing about the crypto market since 2018. 469 articles so far, from blockchain basics to trading, interest rates and macro, plus 14 investing tools built and run in-house. Now building step-by-step learning tracks for investing, stocks and crypto.

※ For information only. Not investment advice.

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