The Race for Alpha Points: A Profitable Strategy or a Sophisticated Trap from Binance?
Date: 2025-05-16 Author: Gabriel Deangelo Categories: AIRDROPS
Since the launch of the Alpha Points system in late April, Binance Wallet has taken a significant lead among Web3 wallets, capturing up to 80% of decentralized trading volumes. All thanks to gamification: now users can earn points for trading and storing assets, and then use them to get new tokens through TGE and airdrops.
Alpha Points are awarded for two types of activity: trading volumes on the Binance Alpha platform and the amount of funds deposited in the Binance Wallet or on the exchange itself. The number of points depends on the amount:
- $100–1000 — 1 point,
- $1000–10,000 — 2 points,
- $10,000–100,000 — 3 points,
- Over $100,000 — 4 points.
As for trading activity, the accrual scheme is as follows: every time a user doubles the volume, he gets an additional point. For example, $2 turnover — 1 point, $4 — 2, $8 — 3, and so on. Actions for the last 15 days are taken into account, old points are canceled.
To receive 180 points daily, you will need to keep $1000 to $10,000 in your account and conduct transactions for at least $1024. Participation in TGE or receiving an airdrop costs 15 points.
Income from participation varies greatly. On May 15, for example, users who scored 187 points received 198 NXPC, which at that time was $724. However, in most cases, the profit is much more modest - about $50-100. This is especially true for tokens that did not show a sharp increase after listing.
You also need to consider the costs: to earn 15 points only through trading, you will need to conduct transactions worth $32,768, spending up to $20 on commissions and slippage. For 14 points, this amount is halved, but still remains high.
There are also high-risk strategies. For example, some participants scored up to 246 points, trading $8,192-$16,384 daily and holding $10,000 on the exchange. However, not every user is able to maintain such activity for two weeks in a row.
The system has drawn criticism. Many accuse Binance of giving away most of its tokens to those who simply “play the game” rather than contribute to the development of projects. As a result, true enthusiasts may be left with minimal or no rewards at all.
Recall that Binance announced the launch of the Alpha platform in December 2024, making it part of its Web3 infrastructure.
