I just started paying attention to the Binance Alpha activity today. How can I earn money by brushing points? How can I reduce slippage? Lumi's study notes are here!
💰Should I brush Alpha from the exchange or from the wallet?
It is recommended to brush Alpha within the exchange, and be sure to use limit orders to brush, so that slippage can be minimized, and the fees are very transparent.
💰Where does slippage mainly come from?
Clip fees: intercepted by miner nodes.
Transaction fees: Binance platform needs to charge fees, clearly priced.
Slippage: The market capacity is too small, and the buying volume is large, resulting in the transaction price being higher than the quoted buying price.
GAS fees: Charged by miners; every transaction incurs this fee, similar to a minimum consumption fee.~
💰How much should I brush daily?
Binance has a chart that shows different scores corresponding to different trading volumes, and scores can be maintained for 15 days. The accumulated score equals asset score + trading score. If you claim an airdrop and it expires, there will be a deduction in points.
💰What currency and chain should I choose to brush points more appropriately?
BSC Chain (Binance Smart Chain): Trading Alpha tokens on the BSC chain usually has double point bonuses, and the on-chain Gas fees are relatively low.
High liquidity tokens: Choose Alpha tokens with high liquidity and relatively stable prices, such as $ZKJ and $B2, for trading.
