The guide to brushing up trading volume and some details are at the bottom
First, we need to understand that Binance alpha is a novel exchange of interests between players, exchanges, and project parties.
Its quality lies in the fact that players earn points by continuously contributing to trading volume for 15 days, in order to obtain a share of airdrops from subsequent project parties. This provides a stable income as long as the points and wear are kept within a certain range, making it the optimal way for players to acquire low-priced chips for a project.
For exchanges, this results in income from transaction fees and a fixed player base, even reaching beyond that group, which also increases trading volume for its other businesses (spot, contracts).
For a high-quality project team, exposure is needed before issuing tokens. You can publish project-related tasks through Binance's boost to attract players who have not participated in this project, achieving a certain player conversion rate and project participation. However, issuing tokens does not mean the project is over; the project still needs continuous exposure, and the issued tokens need liquidity and trading volume. This data also helps them in future project operations and provides accountability to investors.
These three are in a virtuous cycle.
Alpha, Web3 players should participate. For airdrops issued by projects you don't care about, sell them directly for a fixed income. For projects you care about, hold them; this is the source of low-priced chips.
Participating in alpha is not just about receiving airdrops; there are also boosts and project angles for pre-TGE and TGE participation, all of which can obtain project chips.
Through the following table, we can learn about different strategies and yields for trading alpha.
Risk control precautions:
Do not transfer between accounts with family members; some people face risk control due to mutual transfers. Avoid being subjected to risk control for these simple reasons and missing the opportunity to earn alpha.
You can transfer through other exchanges or on-chain wallets.
Depositing funds can be done directly through Binance C2C.
Some precautions for new listings:
If BNB can be borrowed, do not buy; if you must buy, use low leverage for hedging.
Borrowing channels: Binance 50%, other exchanges some 70%, and on-chain borrowing, while other exchanges need self-testing.
Boost precautions:
Twitter tasks: Boost can be linked to Twitter on your computer, use the computer to complete the corresponding Twitter tasks, and directly verify on your phone.
Project-related tasks: Before doing tasks, you can translate the task details to understand better how to operate. I will also send tutorials for some tasks step by step.
New financial boosts can be particularly focused on. Generally, newly launched financial boosts will have low guarantee tasks. Taking zerobase as an example, staking 50u can split the prize pool; this is divided equally per person, which is the low guarantee provided by the project team. Directly fill it up.
Trading volume boosting strategies:
1️⃣ In the alpha area of the exchange, select the BSC chain, and tokens with a trading volume of 4x.
2️⃣ Observe the limit order price list, the current buy price (green), the current sell price (red). We need to wait until the price fluctuation is only at the fifth significant figure fluctuating 1 to 2, which is one to two ten-thousandths.
Algorithm:
The algorithm for fluctuating one to two ten-thousandths is roughly like this: for example, 0.35558, its fluctuation range is 0.00003-0.00006. If it's 0.75558, its fluctuation range allows for a larger range, 0.00007-0.00014. In summary, using the first significant figure as a reference, the fluctuation range of its fifth significant figure is the first significant figure 1.0x-2.0x.
3️⃣ Combine observation, buy high and sell low, open reverse orders for quick buy and sell, our price can be fine-tuned to the best at the ten-thousandth level. For example, we can set the buy price at 0.11726 and the reverse order sell price at 0.11725, basically settling in seconds.
Note:
① However, there is a risk of hanging orders, which means that if a sudden crash occurs, the sell order may not be executed, potentially causing losses. Therefore, in case the price stabilizes with fluctuations of one to two ten-thousandths, the reverse order sell price can be set at 0.1172 to avoid the reverse order being stuck and unable to execute.
② Likewise, buy orders may sometimes be unable to be placed due to constantly fluctuating buy prices. However, both buy and sell orders are simultaneously increasing while maintaining fluctuations of one to two ten-thousandths. At this time, we can also set orders with a thousandth difference. Taking the above as an example, we could set a buy order at 0.1173.
4️⃣ During the boosting process, you need to constantly observe the prices on the right and your balance. Remember the wear and tear of each transaction you make, and observe whether your balance decrease is within the range. If you suddenly find that your balance is deducted too much, it is likely that fluctuations have started, and we need to stop and observe.
5️⃣ Choose the tokens you often trade for boosting. If one token is unstable, you can look at other tokens. If it is really overwhelming, use stability as a reference to select tokens.
Portal: https://alpha123.uk/zh/stability/
Some details that need attention:
1️⃣ Set the chart time to 15 minutes. If the chart shows all declines or is currently declining (red), do not trade; there may be further declines. Try to trade on upward trends (green) instead. (As shown)
2️⃣ Pay attention to the price area. There will be some signals when preparing to drop. If you seek stability, you can pause for a while to avoid being suddenly crashed and causing losses (as shown). When such prices appear, it is likely that there will be a sudden crash later. If you are aggressive, you can set a low buy order for low buying and low selling.
If there are different opinions or better ideas, you can comment and communicate, thank you!