Watching out for potential coins for Binance Listing has proven to be quite a profitable strategy for investing in crypto. Spotting and investing in new crypto projects early enough before they list native tokens on major exchanges can earn you quite a tidy sum if you know precisely when the listing will happen.
Since Binance is a huge exchange, even just a rumor of listing in Binance can boost the price of a project. Oftentimes, the challenge is spotting the promising ones from the swarm of new projects launching daily. This gives a massive advantage to the Binance team and leads to a conflict of interest. Such temptations have been reported and penalized when caught.
Being listed on Binance means that a company’s shares (or material assets) are available to be traded on that particular stock exchange. Ren & Heinrich reports evidence of a “Binance effect”, similar to the “Coinbase effect,” a term first conceived in 2021.
CZ stated that the most critical aspect of Binance listing is the volume of active participants. He further mentioned several reasons, including the total lively addresses on the blockchain—online platform followers, among other things.
Binance goes by the community’s demands, and any individual decision doesn’t count, CZ emphasized. The primary thing is to know how to buy Binance Coin, which was anticipating a resurgence at the start of the month.
As per CZ, the volume factor is only among the several ways for listing a token on the decentralized exchange. He clarified that the higher the contacts, the more value the product has, and that is the most superficial count.
6. Cere Network - CERE 7. Manata Network - MANATAKMA 8. Mathwallet - MATH 9. NFTb- NFTB 10. Block Ape Scissors - BAS 11. Covalent - CQT 12. Dora Factory - DORA 13. Nine Chronicles - NCG
As a project owner, you could do well by starting out with lesser-known but reliable crypto exchanges to shorten the listing time. The first step for a project would be to look into building an audience—a larger community.