The Alkanes token, which has been popular for 4 days, has seen a certain degree of pullback today. Take this time to familiarize yourself with various infrastructures and operational processes. If the Alkanes protocol truly develops, we can seize the opportunity immediately.
Step 1: To participate in the Alkanes protocol, it is recommended to use the Oyl wallet to avoid asset loss. Additionally, the Oyl wallet may have potential airdrop opportunities in the future. You can create multiple addresses with one set of mnemonic words for airdrop chances. It is emphasized again to write down the mnemonic words; do not take screenshots, do not take photos, and do not copy them on the computer.
Oyl wallet plugin link (specific operation see the picture): https://www.oyl.io
Step 2: After creating the Oyl wallet, you can withdraw BTC from the exchange to the Bc1q address. If the BTC was previously in Unisat, OKX, or Wizz wallets, you can use the Wizz platform for distribution.
Bulk distribution of BTC addresses (specific operation see the picture): https://wizz.cash/btc/send
Step 3: Then you can enter the idclub platform for new launches, buying and selling, checking positions, and deployment (generally, do not participate in deployment; other operations can be seen in the picture).
Idclub platform entry for Alkanes protocol: https://alkanes.idclub.io/explore
Here is an example of launching the AlkaDoge token (you can allocate some for safety), placing buy and sell orders. The Xingxingzhihuo community reminds of several important points:
1. Be sure to pay attention to the token ID, as there may be tokens with the same name, but the ID will never be repeated.
2. Choose the token for the new launch; do not randomly select; it is best to choose some with community support, with no reservations, and ID numbers relatively higher.
3. While participating in new token launches, you can also sell; you don't have to wait until everything is finished to sell. Of course, if not finished, there won't be good prices.
4. When listing, you can directly list it without needing to engrave it like inscriptions.
5. You can place bulk buy and sell orders without needing to operate one by one.
When participating in new launches, be sure to check the current Gas situation on the BTC chain; otherwise, it is easy to get stuck. Getting stuck means that if the progress reaches 100% during the new launch and your order has not gone through the block, you end up with neither money nor goods, resulting in a direct loss. Therefore, it is generally not recommended to participate in new launches if the progress is above 90%. If you do participate, ensure you provide sufficiently high Gas.
BTC chain Gas link: https://mempool.space/zh/
Of course, you can also directly use the new launch platform Ybot by the old master Ye, which allows bulk new launches, and you can accelerate in batches after hitting the chain, with relatively lower costs. You can also see the tokens currently being launched and the Gas provided by everyone for a specific token in the new launch. Overall, it is quite good, but the payment wallet must provide the private key (it is recommended to use a new wallet with small funds).
When participating in new launches on the Ybot platform, it is recommended to separate the payment wallet and the receiving wallet. Use the Unisat wallet for the payment wallet and the Oyl wallet for the receiving wallet to avoid asset loss.
Ybot new launch platform (specific operation see the picture):
https://alkanes.ybot.io/