How to authorize in advance for TGE new token offerings? Taking Bitlayer as an example.
Yesterday, after posting the picture of the fast-running TGE, someone asked how to authorize in advance, here’s the guide.
1. Application scenarios:
After everyone participates in the Binance Alpha section's TGE new token offering, once the event ends, the platform will send the tokens to you. When you sell the tokens, you need to authorize the wallet first before selling. But once the TGE ends, participants rush to sell. Those who run fast sell at a good price, while those who are slow sell cheaply, so everyone authorizes in advance to rush to sell immediately after the TGE event ends.
2. Advantages:
You can sell faster than those without authorization and get a good price. As shown in the picture: the fast seller sold for 453u, while the slow one only sold for 110u.
1. Application scenarios:
After everyone participates in the Binance Alpha section's TGE new token offering, once the event ends, the platform will send the tokens to you. When you sell the tokens, you need to authorize the wallet first before selling. But once the TGE ends, participants rush to sell. Those who run fast sell at a good price, while those who are slow sell cheaply, so everyone authorizes in advance to rush to sell immediately after the TGE event ends.
2. Advantages:
You can sell faster than those without authorization and get a good price. As shown in the picture: the fast seller sold for 453u, while the slow one only sold for 110u.
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BNB
821.86
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