The spring of the "hair-pulling party," exchanges begin to "distribute coins" widely.

CN
9 hours ago

Original | Odaily Planet Daily (@OdailyChina)

Author | Dingdang (@XiaMiPP)

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

On the X platform, Binance's Alpha Points activity has recently become a hot topic in the crypto community. Some users are sharing their earnings, others are sharing operational strategies, and even the KOL known for profit-seeking, Hebi (@hebi555), jokingly said to "mobilize the whole village" to profit together. Jokes aside, this trend is backed by real attraction.

According to statistics from 0xCrypto Wizard (@Cryptowushi), as of April 25, Binance's recent airdrops (including wallet IDOs and Alpha activities) involved a total of 11 projects, with individual accounts earning up to 859 USDT. Just looking at last night's airdrop of 1500 SIGN tokens, currently valued at about 177 USDT, the earnings are easy and stable. Compared to the uncertainty of on-chain project airdrops, Binance's returns are indeed very comfortable for players.

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

Chaos in on-chain profit-seeking, exchanges rewrite the rules of the game

In the past, on-chain project airdrops were a paradise for profit-seeking players. Participating in a new project and completing a few simple tasks could yield free tokens, seemingly a "no-risk, high-reward" deal. However, this paradise is no longer peaceful. The ZKasino incident in 2024 is still fresh in memory: the project team absconded with 33 million dollars of user funds, and the tokens became worthless overnight, leaving players with nothing. Similar cases of running away are rampant, and many users on the X platform complain that "90% of on-chain airdrops are traps." Even more troubling is that the issuance time for on-chain projects is often uncertain, requiring players to invest months or even years, with returns that may be minimal or even result in losses. Scam traps are everywhere, with phishing links disguised as airdrops causing significant losses for many.

In contrast, exchanges like Binance, with their financial strength and regulatory compliance, provide a stable environment for profit-seeking. Taking Binance Alpha Points as an example, users can obtain transparent and substantial returns through simple asset holdings and token purchases. Moreover, the activity rules of exchanges are clear, and rewards are quickly fulfilled, so players do not have to worry about the integrity of the project teams. Additionally, large platforms like Binance have abundant project resources, which means a continuous stream of potential airdrop opportunities and significant investment return potential.

Of course, after Binance successfully implements this model, other exchanges may follow suit. As competition intensifies, the thresholds for airdrops will certainly rise, and the value of airdrops may decline. But currently, exchanges have indeed become a "safe haven" for profit-seeking players.

Today, Odaily Planet Daily is exploring new "wealth" opportunities on exchanges with all readers.

Binance Alpha Points, unlocking the secret to high returns

The Binance Alpha Points system is at the core of this profit-seeking trend, aimed at attracting users to its Web3 ecosystem (Alpha platform and wallet). Its appeal lies in its simple mechanism and generous returns, making it easy for ordinary players to get started.

The core of Alpha Points is to assess user activity levels, determining whether they can participate in TGE (Token Generation Events) or receive airdrops. Points are based on a snapshot of asset balances over the past 15 days (including USDT, BNB, etc.) and the amount of Alpha tokens purchased, updated daily. Selling Alpha tokens does not count towards points, encouraging players to hold or trade continuously. Purchasing Alpha tokens acts as an "accelerator" for increasing points, while holding other assets can also steadily accumulate points, suitable for users with different risk preferences.

The entry point is located on the Binance App homepage: click the Binance logo in the upper left corner, go to "More Services," and find "Alpha Points" under the "News" tab. Users can also add it to "Quick Access" for easy future viewing.

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

There are already many strategies for earning points on Binance available online, and I won't elaborate further here, but I will share a strategy compiled by player @btguagua:

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

Generally speaking, opportunities tend to favor the early birds, and early participants often reap higher returns. The thresholds for future airdrops from Binance will certainly increase, as can be clearly seen from the rules announced in the past two days, with point requirements becoming higher.

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

Coinbase's new user benefits, low thresholds for high returns

Coinbase's new user contract trading activity is another example of the profit-seeking trend in exchanges, aimed at users trying contract trading for the first time. Participants need to register a Coinbase account, complete KYC verification, and execute a minimum trading volume of 10 USDT in the contract trading market to receive a reward of 200 USDT.

The reason for the surge in interest is that this activity is open to users in mainland China, allowing mainland phone numbers, but requires a Hong Kong utility bill. The bill can be purchased on Taobao or Xianyu, starting at 50 yuan. However, currently, almost all stores are overwhelmed with orders, and the fees may be higher. It is important to note that these stores were originally set up for visa applications and other purposes, so readers should confirm with the seller whether it is applicable for Coinbase registration before purchasing to avoid unnecessary expenses.

Additionally, it should be noted that this activity may adopt a prize pool model, and if the pool runs out of funds, the activity may end.

Below is a carefully compiled profit-seeking strategy for the Coinbase exchange activity by player Juanbai (@GoldenCicada), wishing every reader who sees this article can participate smoothly and reap abundant rewards!

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

The spring of the profit-seeking community, exchanges start to "distribute coins" generously

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