Binance announced on June 4, 2025, that it has identified and taken measures to limit the abuse of its early access token distribution system, Alpha, by bots.
In a post, Binance stated, "We recently discovered that certain groups are using bots to participate in Alpha activities, which undermines the fairness of the Binance Alpha Points program." The exchange added that it has taken steps to curb this activity. "We have upgraded our risk control system to enhance the detection and handling capabilities for such behavior," Binance stated.
Binance emphasized that any use of bots will be considered a violation. The company also stated, "We reserve the right to revoke the Binance Alpha Points eligibility of accounts involved in such activities and may impose further restrictions if necessary."
As of the time of publication, Binance has not responded to Cointelegraph's request for comment.
Binance Alpha is an early access hub within the Binance wallet where users can discover vetted early Web3 projects, purchase "Alpha" tokens before they potentially list on exchanges, and collect Alpha Points. These points are based on a scoring system of wallet balances and trading activity, which determines eligibility for participating in token generation events and airdrops.
The program has become a major driver of activity on the BNB Chain. According to a report in May, over 71% of Alpha tokens were launched on the BNB Chain, which sees over 1 million new addresses added daily and a surge in weekly trading volume.
This is not the first time the exchange has strengthened enforcement of this service. In early May, Binance announced that its Alpha platform implemented a new comprehensive token review framework to remove tokens that do not meet specific quantitative and qualitative standards.
The service has also faced criticism, with some accusing its arrangements of "stifling airdrops." Some users have expressed concerns about its use of testnets hindering early community building.
Airdrops are a marketing and distribution method where cryptocurrency projects distribute tokens for free to existing cryptocurrency holders (or users who meet specific criteria) to increase visibility, reward early supporters, or decentralize token ownership. Recipients typically receive tokens directly in their wallets for free, usually based on past holdings, on-chain activity, or participation in promotional tasks.
Distributing digital assets is a reliable way to attract attention. Therefore, airdrops often become the center of scam strategies, with criminals exploiting hype to siphon funds from wallets.
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Original: “Binance Cracks Down on Bot Abuse in Alpha Token Program”
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