V3 Research
Is Joining the Binance Traders Alliance Worth It?
Twitter
Tweet says Binance Traders Alliance is a good chance to connect projects with active traders but notes participants must build an audience to stand out and earn rewards, ending with a referral link.
99bitcoins
이 리뷰는 바이낸스의 500개 이상 지원 코인, 기능, 수수료, 보안, 서비스 전반을 실제 후기와 함께 분석하며, 가입 전 필수 정보를 제공한다.
BeinCrypto
BeinCrypto 리뷰는 바이낸스의 다양한 거래 서비스, 수익 창출 옵션, 수수료 구조, 보안성, 사용자 경험, 가입 방법 및 웰컴 보너스를 상세히 설명한다.
Auseinet
가이드북은 바이낸스 가입 절차, 거래 수수료 20% 평생 할인 적용 방법, KYC 인증 및 보안 설정 절차를 단계별로 안내한다.

Key Findings

  • According to community feedback, there is a prevailing sentiment that the Binance Traders Alliance (BTA) is "100% worth it", with many believing that its true value becomes clear only through direct participation 8.
  • BTA is particularly enticing as it connects projects and traders by leveraging Binance's massive user base of over 270 million, a trading volume four times greater than the industry average, and its recent involvement in the T3+ global security alliance 752.
  • However, securing rewards is highly competitive. Prospective participants must invest time and resources to build their own community, overcome initial entry hurdles such as registration, KYC, and security settings (including fee discount benefits) 146.

1. Benefits Expected from Joining BTA

  • Large User Base: Binance brings a significant advantage with over 270 million users and a trading volume that is four times higher than its peers, ensuring substantial exposure 7.
  • Enhanced Security Credibility: With its collaboration alongside Tether, TRON, and TRM Labs in the T3+ alliance, Binance sends a strong signal in terms of bolstered security measures against blockchain-related crimes 5.
  • Diverse Revenue and Trading Features: Offering support for over 500 coins, along with a competitive fee structure and various revenue-generating products, BTA provides flexibility for both projects and traders 23.

2. Challenges and Risks to Consider

  • Intensified Competition: There is a consensus that unless a standout community is established, it will be difficult to earn rewards 1.
  • KYC and Security Protocols: To enjoy lifetime fee discounts (up to 20%), accurate KYC and robust security setups are mandatory, posing an initial barrier to entry 4.
  • Centralisation Risks and Terms of Use: Reviews on TradingView suggest that it is essential to scrutinise account conditions, terms, and user feedback to assess potential risks 6.

3. Pre-Registration Checklist and Practical Advice

  1. Define Your Objectives: Clearly determine whether your priority is brand exposure, driving traffic, or monetisation.
  2. Allocate Resources: Secure budgets for content creation, community management, and promotional activities to maintain a competitive edge 1.
  3. Complete KYC and Security Settings: When signing up, ensure you apply any fee discount codes and promptly finish 2FA and identity verification to avoid unnecessary delays 4.
  4. Manage Your Reputation: Monitor TradingView and community reviews consistently to remain alert to policy changes or user complaints 6.
In conclusion, if you are prepared to leverage a vast user base and robust security collaborations, and are willing to invest in community building, joining BTA is certainly worth considering. Conversely, if limited resources or manpower restrict your ability to see short-term returns, it may be wise to proceed with caution given the cost-benefit balance.
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77 days ago