Binance Alpha will serve as a token selection repository prior to token listings on Binance, highlighting promising early-stage projects.
Binance, the leading blockchain ecosystem in terms of global trading volume and user count, has announced the launch of Binance Alpha, a platform embedded within the Binance Wallet (formerly known as the “Binance Web3 Wallet”), aimed at focusing on early-stage project opportunities and assisting users in discovering Alpha investment opportunities. Notably, Binance Alpha will serve as a platform to showcase tokens that may be selected for listing on the Binance exchange in the future.
The tokens showcased on Binance Alpha are selected through Binance’s industry expertise and advanced insights, emphasizing projects that demonstrate strong community interest, sustainable growth momentum, and alignment with the development trends of the crypto ecosystem. Binance Alpha also aims to provide valuable information to users, helping them gain a deeper understanding of the Web3 ecosystem and its potential impact on the future development of blockchain technology.
Information regarding the tokens that will soon be listed on Binance Alpha will be released in advance on the Binance Wallet and Binance’s official community platforms. Users can view the countdown timer and on-chain details in the “Market” tab of the Binance Wallet. Tokens will be listed in batches and will have a 24-hour display period during which users can browse project details and purchase tokens via the “Quick Buy” feature. After the display period ends, these tokens will remain in the Alpha section of the market tab, allowing users to continue tracking and trading them.
The “Quick Buy” feature enhances the trading experience by improving the existing Swap functionality within the Binance Wallet. This feature provides a faster and more seamless trading process, offering a higher success rate and more competitive pricing compared to other decentralized exchanges (DEX) or trading bots. Key improvements include: automatic selection of on-chain native tokens and default transaction amounts based on wallet balance, automatic adjustment of slippage when retrying transactions to increase success rates, and the introduction of an anti-MEV (Maximum Extractable Value) mechanism to mitigate MEV impact on large transactions, ensuring users obtain better trading prices.
Starting from December 18, 2024, users can explore Binance Alpha through the Binance Wallet to discover innovative projects. The first batch of five tokens will be announced on December 18, 19, and 20 (specific times may vary). For the latest updates, users can follow the official X account of the Binance Wallet.
This article is provided by the official source and does not represent the position or investment advice of this site. Readers are advised to conduct their own thorough assessments.
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…