Voice Of Crypto
--
How To Discover New Coins and Participate in Binance Alpha Using Binance Web3 Wallet
Key Insights
More than learning how to read charts and use technical indicators, having the right information determines how profitable traders are.Binance Alpha provides a solution to this problem with its Binance Alpha program, which suggests some of the most promising tokens before launch.Users can also read things like whitepapers and gather all the information about projects before the official launch.To participate, Binance users need to set up a Binance Web3 wallet.The alpha section offers a quick-buy feature that comes with automatic investment suggestions and slippage settings.
Crypto trading relies strongly on a user’s skill set.
However, more than merely knowing how to read charts or how to interpret
technical indicators, information can be the single factor that separates profitable traders from unprofitable ones.
Knowing the right cryptocurrencies to buy, when to buy them, and how to buy them can be priceless in certain scenarios.
Because of this factor, Binance launched a new tool called Binance Alpha, with an amazing use case, as we will soon see.
Here’s how you can use Binance’s Web3 wallet to easily participate in Binance
Alpha's opportunities.
What Is Binance Alpha?
Binance Alpha is a feature available on the main Binance platform.
It simply helps users find some of the best cryptocurrencies and investments.
opportunities before they become popular and overcrowded.
Think of it like insider trading but with a lot more regulation and legal backing.
Binance Alpha provides users with insights into upcoming tokens. Users can see
which new tokens, defi applications, or even NFTs are on the way to launch.
Put simply, Binance Alpha helps traders and investors stay informed about the
latest trends in the crypto market.
So Why Use Binance Alpha?
If the use case of this tool isn’t apparent yet, here are a few more pointers.
Binance Alphas isn’t only about finding new coins—instead, it is about gaining
strategic advantage—which can be crucial in a fast-paced environment like crypto.
To begin with, traders get information about new tokens before they become
widely known.
They can also participate in token sales, staking, launchpads, and many other
events exclusive to Binance users.
Not only this, users can access research and expert opinions—all available to help
them make the best investment decisions.
Now that the preliminary information is out of the way, here’s how you can take
part in this ongoing bullish train.
Setting Up Binance Web3 Wallet
To begin with, participating in Binance Alpha requires setting up a Binance Web3
wallet.
This wallet allows users to interact with dapps and manage their crypto more
securely.
Here’s how to set one up:
Step 1: Head over to the official page
Go to the Binance Wallet website and click on the “Get Started” button as shown.
The official Binance web3 wallet page| | Source: Binance
On clicking this button, a popup should appear with a QR Code that leads to the
Android/iOS stores.
If you don't have the Binance app installed on your mobile device, consider
installing it.
Step 2: Once Installed, Create a New Wallet
Open the Binance app once downloaded, open it, and log in to access the
homepage.
The homepage should appear as illustrated above. Click on the “wallets” or
“assets” tab at the bottom of the screen.
Once there, the interface should look something like this:
Navigate to the “wallet” tab at the top of the screen and follow the instructions to set up your wallet.
Step 3: Fund Your Wallet
You can deposit funds into your new wallet by transferring from your main Binance account or another crypto wallet entirely.
Funding your wallet should be as straightforward as using another service provider like Trust Wallet or Metamask.
Make sure you have enough to participate when the “alpha” does come.
How to Discover New Coins on Binance Alpha
Once your Binance Web3 Wallet is ready, you’re now ready to explore new coins on
the platform. Here’s how to go about it:
1. Access the Binance Alpha Dashboard
Log into your Binance account from the mobile app as illustrated earlier, and
access your Binance Web3 wallet.
Click on the "Markets" tab at the bottom of the screen, and then find "Alpha" at the
top navigation.
Clicking this should turn up all the new and upcoming projects on the market.
2. Research New Projects
Consider browsing through the list of new coins and reading their descriptions.
These descriptions typically come with links to things like whitepapers, project
roadmaps, team backgrounds, and much more.
3. Analyze Market Sentiment
You can use the Alpha sentiment analysis tools to gauge things like community
interest and social media buzz around a coin.
Make sure to pay attention to other factors like trading volumes, market trends,
and so on to identify promising tokens.
Choosing A Coin
Once you find a coin you’re interested in, you can choose to participate via
Binance’s Quick Buy feature.
This feature is integrated into the main app’s functionality and allows users to
easily buy any cryptocurrencies they find via the Alpha section.
Here’s how to get started.
1. Automatic Token Selection
The Quick Buy feature automatically chooses the native chain for the token you’re
about to purchase.
For example, it chooses the BNB chain for Binance Smart Chain tokens, Ethereum
for ERC-20s, and so on.
It even suggests a default trading amount, based on your wallet balance (for the
best risk management).
2. Slippage Adjustment
In addition to suggesting a transaction amount, Quick Buy also adjusts the slippage settings on its own.
This feature comes in handy when it comes to executing larger trades
Remember that Binance typically features tokens for 24 hours before they officially
launch.
This allows investors time to learn about them and decide whether or not they are
worth investing in
More than learning how to read charts and use technical indicators, having the right information determines how profitable traders are.Binance Alpha provides a solution to this problem with its Binance Alpha program, which suggests some of the most promising tokens before launch.Users can also read things like whitepapers and gather all the information about projects before the official launch.To participate, Binance users need to set up a Binance Web3 wallet.The alpha section offers a quick-buy feature that comes with automatic investment suggestions and slippage settings.
Crypto trading relies strongly on a user’s skill set.
However, more than merely knowing how to read charts or how to interpret
technical indicators, information can be the single factor that separates profitable traders from unprofitable ones.
Knowing the right cryptocurrencies to buy, when to buy them, and how to buy them can be priceless in certain scenarios.
Because of this factor, Binance launched a new tool called Binance Alpha, with an amazing use case, as we will soon see.
Here’s how you can use Binance’s Web3 wallet to easily participate in Binance
Alpha's opportunities.
What Is Binance Alpha?
Binance Alpha is a feature available on the main Binance platform.
It simply helps users find some of the best cryptocurrencies and investments.
opportunities before they become popular and overcrowded.
Think of it like insider trading but with a lot more regulation and legal backing.
Binance Alpha provides users with insights into upcoming tokens. Users can see
which new tokens, defi applications, or even NFTs are on the way to launch.
Put simply, Binance Alpha helps traders and investors stay informed about the
latest trends in the crypto market.
So Why Use Binance Alpha?
If the use case of this tool isn’t apparent yet, here are a few more pointers.
Binance Alphas isn’t only about finding new coins—instead, it is about gaining
strategic advantage—which can be crucial in a fast-paced environment like crypto.
To begin with, traders get information about new tokens before they become
widely known.
They can also participate in token sales, staking, launchpads, and many other
events exclusive to Binance users.
Not only this, users can access research and expert opinions—all available to help
them make the best investment decisions.
Now that the preliminary information is out of the way, here’s how you can take
part in this ongoing bullish train.
Setting Up Binance Web3 Wallet
To begin with, participating in Binance Alpha requires setting up a Binance Web3
wallet.
This wallet allows users to interact with dapps and manage their crypto more
securely.
Here’s how to set one up:
Step 1: Head over to the official page
Go to the Binance Wallet website and click on the “Get Started” button as shown.
The official Binance web3 wallet page| | Source: Binance
On clicking this button, a popup should appear with a QR Code that leads to the
Android/iOS stores.
If you don't have the Binance app installed on your mobile device, consider
installing it.
Step 2: Once Installed, Create a New Wallet
Open the Binance app once downloaded, open it, and log in to access the
homepage.
The homepage should appear as illustrated above. Click on the “wallets” or
“assets” tab at the bottom of the screen.
Once there, the interface should look something like this:
Navigate to the “wallet” tab at the top of the screen and follow the instructions to set up your wallet.
Step 3: Fund Your Wallet
You can deposit funds into your new wallet by transferring from your main Binance account or another crypto wallet entirely.
Funding your wallet should be as straightforward as using another service provider like Trust Wallet or Metamask.
Make sure you have enough to participate when the “alpha” does come.
How to Discover New Coins on Binance Alpha
Once your Binance Web3 Wallet is ready, you’re now ready to explore new coins on
the platform. Here’s how to go about it:
1. Access the Binance Alpha Dashboard
Log into your Binance account from the mobile app as illustrated earlier, and
access your Binance Web3 wallet.
Click on the "Markets" tab at the bottom of the screen, and then find "Alpha" at the
top navigation.
Clicking this should turn up all the new and upcoming projects on the market.
2. Research New Projects
Consider browsing through the list of new coins and reading their descriptions.
These descriptions typically come with links to things like whitepapers, project
roadmaps, team backgrounds, and much more.
3. Analyze Market Sentiment
You can use the Alpha sentiment analysis tools to gauge things like community
interest and social media buzz around a coin.
Make sure to pay attention to other factors like trading volumes, market trends,
and so on to identify promising tokens.
Choosing A Coin
Once you find a coin you’re interested in, you can choose to participate via
Binance’s Quick Buy feature.
This feature is integrated into the main app’s functionality and allows users to
easily buy any cryptocurrencies they find via the Alpha section.
Here’s how to get started.
1. Automatic Token Selection
The Quick Buy feature automatically chooses the native chain for the token you’re
about to purchase.
For example, it chooses the BNB chain for Binance Smart Chain tokens, Ethereum
for ERC-20s, and so on.
It even suggests a default trading amount, based on your wallet balance (for the
best risk management).
2. Slippage Adjustment
In addition to suggesting a transaction amount, Quick Buy also adjusts the slippage settings on its own.
This feature comes in handy when it comes to executing larger trades
Remember that Binance typically features tokens for 24 hours before they officially
launch.
This allows investors time to learn about them and decide whether or not they are
worth investing in
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.