Binance has also announced Binance Alpha, a feature from the wallet to share early-stage cryptocurrency projects with promises. The new venture will start operating on 18th December 2024 and has become an avenue to achieve higher transparency of how token listing will be approached.
Binance Alpha launched Dec 18, spotlighting early-stage crypto projects for 24 hours.Quick Buy feature enhances DEX trading with smart slippage and anti-MEV tools.Tokens are showcased in waves, but inclusion doesn’t guarantee a Binance main listing.
This will bring three waves of token launches with five projects announced daily between 18th December and 20th December, all with a 24-hour focus on the token in question. Users can view information about projects during this period. A new feature known as Quick Buy is now available for purchases during this period.
The most apparent feature of Binance Alpha would be Quick Buy. Of course, this is very far from traditional trading DEX experiences. More developments include automatic native chain token selection, smart adjustment slippage, as well as anti-MEVAL mechanisms to protect their end-users from predatory practice from trading.
The service emphasizes user security and preparedness — the user is subjected to updating the Binance app at least to the 2.93.0 version and to having safety copies of their Binance wallet before using the Quick Buy functions. In addition to this, the counter combined with chain details would pop in the Alpha column within the Markets tab while loading every token.
For More Details About This Feature Please Review Official Announcement Here:
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Binance Alphanote: Binance Alpha is an educational initiative and does not constitute an endorsement or guarantee of listing on Binance Exchange. Tokens are selected based on various factors, including community interest, traction, and market trends.
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