Binance, the blockchain ecosystem with the highest global trading volume and user numbers, announces the launch of Binance Alpha, a platform embedded within the Binance Wallet (formerly known as 'Binance Web3 Wallet'), aimed at focusing on early projects and helping users discover 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.

"As a token selection library before listings, Binance Alpha aims to enhance the transparency of token selection for entry into the Binance exchange," said Winson Liu, Global Head of the Binance Wallet. "By publicly showcasing carefully selected early projects, Binance Alpha builds community trust, offers analytical insights into tokens with future growth potential, and promotes their development within the Binance ecosystem."

The tokens showcased by Binance Alpha are selected through Binance's industry expertise and advanced insights, focusing on projects that demonstrate strong community interest, sustainable growth momentum, and align with the development trends of the crypto ecosystem. Binance Alpha also aims to provide users with valuable information to help them better understand the Web3 ecosystem and its potential for the future development of blockchain technology.

Information about tokens that will be listed on Binance Alpha will be released in advance on the Binance Wallet and Binance's official community platforms. Users can check the countdown timer and on-chain details in the 'Market' tab of the Binance Wallet. Tokens will be listed in batches, with a 24-hour display period during which users can browse project details and purchase tokens through 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.

"Quick Buy" functionality enhances the trading experience by improving the existing Swap feature within the Binance Wallet. This feature offers a faster, seamless trading process, with a higher success rate and more competitive prices compared to other decentralized exchanges (DEX) or trading bots. Key improvements include: automatic selection of on-chain native tokens and setting default trading amounts based on wallet balance, automatic adjustment of slippage when retrying trades to improve success rates, and the introduction of an anti-MEV (Maximum Extractable Value) mechanism to reduce MEV impacts in large transactions, ensuring users receive better trading prices.

Users can explore Binance Alpha through the Binance Wallet starting from December 18, 2024, to discover innovative projects. The first five tokens will be announced on December 18, 19, and 20 (specific times may be adjusted). For the latest updates, users can follow the official X account of the Binance Wallet.

This article announces the launch of Binance Alpha: Early potential projects exposed, Binance strengthens transparency before token listings. First appeared on Chain News ABMedia.