Binance Alpha has introduced a pre-listing pool to enhance trust in the token evaluation process for exchange listings.
Binance, the world’s leading blockchain ecosystem behind the largest cryptocurrency exchange by trading volume and users, has announced the launch of Binance Alpha, a platform within Binance Wallet (formerly known as Binance Web3 Wallet), designed to highlight early-stage projects and help users explore Alpha opportunities.
Specifically, Binance Alpha serves as a platform to showcase tokens that could potentially be listed on Binance Exchange in the future.
Winson Liu, Global Lead of Binance Wallet:
“Binance Alpha serves as a pre-listing token selection pool to enhance trust in the token evaluation process for Binance Exchange listings.”
“Binance Alpha strengthens community trust by publicly showcasing a curated collection of early-stage projects, allowing users to gain insights into tokens with future growth potential within the Binance ecosystem,” he said.
Tokens featured on Binance Alpha are selected using Binance’s industry expertise and advanced insights, with a focus on projects that demonstrate strong community interest, growing traction, and alignment with key trends shaping the crypto ecosystem.
Binance Alpha also aims to provide users with valuable insights into the Web3 space, helping them gain a deeper understanding of the potential to shape the future of blockchain technology.
Binance New Token Announcements
Announcements about new tokens on Binance Alpha will be shared on Binance Wallet and Binance’s official social channels before the launch. A countdown timer and chain details will be available in the Markets tab of Binance Wallet.
Tokens will go live in batches for a 24-hour showcase period, during which users can explore project details and purchase tokens using the Quick Buy feature.
After the showcase period ends, the featured tokens will remain in the same Alpha section in the Markets tab, where users can continue to track and trade them.
What Is Quick Buy?
The “Quick Buy” feature optimizes the existing Swap functionality within Binance Wallet, enhancing the trading experience. This innovation enables faster and smoother transactions compared to other decentralized exchanges (DEXs) or trading bots, offering higher success rates and better prices.
Key improvements include the automatic selection of the native chain’s token, setting the default trading amount based on wallet holdings, automatic slippage adjustments during retries to improve transaction success rates, and an anti-MEV mechanism to reduce the effects of Maximal Extractable Value (MEV) on large transactions, ensuring better prices for users.
Starting from December 18, 2024, users can explore Binance Alpha and discover innovative projects through Binance Wallet.
Five tokens will be announced on that day and the following two days, December 19th and 20th; these dates may change.
For the latest updates, users can follow Binance Wallet’s official X account.
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