What is Alpha?
Me: It depends. In crypto trading, "alpha" means getting useful advance information like a new development or market shift that most people don't know yet. In traditional finance, "alpha" means earning more than the market average, after accounting for risk.
You: How do I trade it on Binance?
Me: If you mean Binance Alpha, it's a section for early-stage Web3 tokens, like a discovery pool for tokens before they list on Binance.
Route A: Binance Alpha (in Binance Wallet)
You: Show me how.
Me: 1) Open Binance, go to Wallet, find Alpha.
You: Then?
Me: 2) Make sure your Binance Wallet is set up and backed up.
You: Do I need money in it?
Me: 3) Yes—you need enough of the native chain token (like BNB, ETH, or SOL, depending on the token) to cover the trade.
You: How do I buy?
Me: 4) Tap the token and use Quick Buy. This feature picks the right chain token, adjusts for slippage if needed, and protects against MEV.
You: What happens after I buy?
Me: 5) You can still track it in the Alpha section, even after its showcase period.
Route B: Binance Alpha 2.0 (in Binance Exchange)
You: What about Alpha 2.0?
Me: Alpha 2.0 puts the same Alpha tokens in the Binance Exchange. You can trade them from your Spot/Funding account without a separate Web3 wallet.
You: Any downsides?
Me: Trades are still done on-chain. Fast price changes can cause trades to fail if the amount you get is less than shown.
You: So, how should I use Alpha?
Me: Treat it as a high-risk discovery area. Use small amounts, expect slippage, don't assume "featured" means it will list on Binance, and always check the chain and contract details. This isn't financial advice.
