Recently, Binance has caused a stir in the community with its new product “
Binance Alpha ” – an effective tool for users to know which tokens have the potential to be listed on Binance and is also optimized with the Quick Buy feature that allows users to buy that token with just one “click”. So what is Binance Alpha? Let’s find out with BTA this latest tool.
What is Binance Alpha?
Binance Alpha , integrated into Binance Wallet, showcases early-stage crypto projects in the Web3 ecosystem. The platform increases transparency, allowing users to discover and access promising tokens through the Quick Buy feature.
While listing on Binance is not guaranteed , selected tokens have a chance to be considered for future listing.
After its launch, Binance Alpha announced the first 5 projects on December 18, 2024; the next day (December 19, 2024), the next 5 projects on the list continued. Up to now, Binance Alpha has launched a total of 29 projects and this number is expected to continue.
Binance Alpha Highlights
Binance Alpha explores potential Web3 tokens, supports fast trading via Quick Buy feature with auto-select native token, adjusts for slippage, and prevents MEV to increase success rate.
Users are provided with educational information about emerging projects. Unlike Binance Pre-Market which guarantees listing , Binance Alpha helps discover early-stage projects without any listing commitment.
How Binance Alpha Works
- Pre-launch preparation: Create a Binance Wallet, backup your wallet, secure your native token balance (BNB, ETH, SOL), and update your Binance app.
- Token Announcement: Countdown timer displayed on Alpha (Markets) tab 4 hours before launch. When time expires, token information and Quick Buy feature are enabled.
- Trade via Quick Buy: Select token, the system automatically selects the native token, adjusts for slippage, and applies anti-MEV, ensuring fast, efficient trading at the best price.
- Post-launch tracking: Tokens are kept in Alpha to continue trading and learn about the project details.
Binance Alpha Access Guide
Step 1 : Login or register Binance
If you do not have a Binance account, please register here to receive many incentives and a 20% discount on transaction fees: https://accounts.binance.info/vi/register?ref=11885538
Note: After successfully downloading and registering a Binance account, users need to perform KYC to be able to use the feature.
Step 2 : At the main interface, users access “Wallet” -> Click to the Web3 interface.
Step 3 : Select “Markets” -> Select “Alpha” and the user has successfully accessed Binance Alpha.
Summary
Binance Alpha helps users discover early-stage crypto projects, optimize trading with Quick Buy and other improvements. The platform opens up opportunities to participate in potential projects, but users should do their own research before investing.
