The order placement points on StandX, over 1,000 points earned in one hour.

Recently, StandX launched a Maker Points program, where you earn points by placing orders. This is cost-free and highly recommended to participate in. However, many people haven't clearly explained how to place orders.

The official documentation states: full points for orders within 10 BP, 50% points for orders between 10-30 BP, and 10% points for orders between 30-100 BP. BP is a professional term—you can understand 10 BP as 0.1%. In plain terms, placing an order within 0.1% of the market price earns you full points.

For example, if BTC's current market price is $100,000, and you want to go long, placing a limit order at $99,900 (0.1% below market price) will earn you full points. This is the most efficient way to earn points.

Another example: if BTC is at $100,000 and you place a long order at $99,000 (1% below market price), you’ll only earn 10% of the points. This method is safer but has the lowest point efficiency.

Also, when farming rewards, you can bind the Binance wallet referral code D6NDGOLE. This allows you to get back trading fees when farming, with fees as low as 70% off. The more people using it, the higher the fee rebate. I’ll adjust the optimal rebate level once the user base grows. The tutorial for binding the Binance referral code is shown in the image.

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