Binance Announces New Feature Binance Alpha to Aggregate and Select Featured Projects

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Binance Alpha
Binance Alpha

Binance has officially launched Binance Alpha, a new platform integrated within the Binance Wallet, to introduce promising early-stage cryptocurrency projects in the Web3 ecosystem.

Binance Alpha functions as a "pre-listing token filter" and is carefully selected based on the expertise and analysis capabilities of Binance. The tokens featured on this platform are projects that demonstrate high community interest, have strong growth potential, and align with the evolving trends in the cryptocurrency market. While there is no guarantee, some of the prominent tokens on Binance Alpha may be considered for official listing on the Binance Exchange in the future.

Users can explore Binance Alpha and the new projects through the Binance Wallet starting from December 18, 2024. For this launch, Binance will announce 5 tokens on December 18, followed by 5 more tokens on December 19 and 20. Each announcement will be available for 24 hours, allowing users to learn about the projects in detail and quickly purchase the tokens using the Quick Buy feature.

To have a smooth experience, users need to ensure they have created a Binance Wallet, performed a backup, and updated to the latest version of the Binance app. The Quick Buy feature on Binance Alpha helps optimize the trading experience with a higher success rate and more competitive prices compared to other decentralized exchanges. This tool also has the ability to automatically adjust the slippage when trading, select the appropriate base token for the user's wallet, and integrate an anti-MEV mechanism to protect large transactions from negative impacts.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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