Binance Changes Alpha Points Rules: Only Trades Using Alpha or Spot Token Count Points

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On June 5th, Binance Wallet announced an important update to the Alpha scoring rules. According to the new roadmap, from 8:00 AM on June 6th, only Alpha Token purchases using Binance Alpha Tokens or Tokens listed on Binance's spot market will be eligible for Alpha trading volume points.

Transactions using Tokens outside the listed Tokens will no longer be added to Alpha trading points. This means traders using non-standard Tokens will not benefit from the Alpha program's point incentives.

Notably, Token Sale of Alpha Tokens will not affect the trading volume points. This helps maintain transparency, fairness, and standardization in reward point management, while encouraging the use of valid Tokens on the Binance cryptocurrency exchange.

This change reflects Binance's desire to promote liquidation, make cryptocurrency transactions more transparent, and protect the ecosystem from non-standard trading activities. Alpha Token holders should update quickly to avoid being excluded from the new point calculation system.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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