Binance Alpha was designed by Binance (of course) to bridge the gap between early-stage crypto projects and investors looking for high potential opportunities. Released as a feature within the Binance Wallet, Binance Alpha introduces early stage cryptocurrency projects with the potential to grow the Web3 space.
This project is selected based on Binance’s industry expertise, community interests and collaboration with market trends. Some tokens in Binance Alpha may later be considered a list of Binance Exchange, but that is not a guarantee.
How Binance Alpha delivers value to investors and crypto projects
But how does this help investors and vinance? Well, first of all, investors can discover and take part in emerging crypto projects before they attract widespread attention. Additionally, by accumulating a feature called Binance Alpha Points, users can access exclusive token generation events (TGEs) and airdrops, which could potentially increase returns.
Additionally, there is a “quick buy” option within your Binance wallet, which simplifies the token acquisition process by automatically adjusting the slippage. This protects against minor extractable value (MEV) and optimizes asset selection.
Binance’s Value Through the Binance Alpha Platform
The entire process benefits Binance in one or more ways. For example, 71% of Binance Alpha Tokens debut in the BNB chain, leading to an increase in network activity. Also, by identifying and supporting promising projects early on, Binance will gain a position as a leader in the crypto space, attracting both developers and investors.
Additionally, Exchange offers exclusive events and rewards to encourage users to stay active within the platform. Needless to say, this only improves user retention and engagement.
SUI Competition and AGT TGE Showcase BinanceAlpha’s latest moves
Speaking of events, Binance has launched a SUI ecosystem trading competition offering a reward of around $1.7 million to trade SUI ecosystem tokens on Binance Alpha. This happens immediately after two new token lists built on the SUI blockchain, Bluefin (Blue) and Sudeng (Hippo).
Yesterday, Binance Alpha launched Alaya AI (AGT) through its 17th TGE, requiring users to use Binance Alpha points to participate.
These are the latest announcements that demonstrate Binance’s commitment to highlighting innovative projects and enhancing user engagement.
The introduction of Binance Alpha has had a major impact through the platform for early-stage projects, gaining visibility and investor access to high potential tokens. By providing curated access to emerging tokens, Binance Alpha creates value for both investors and the Binance ecosystem.
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