Another day anoter TGE on #BinanceWallet

Here i mini guide if you are eligible and the guide how you should participate in any TGE with #BNB

So frequently you will be able to see that once Binance announced TGE the price of BNB will slowly rise, as per current rules maximum you could deposit 3 BNB per TGE

Todays TGE was #AGT if you had at least 186 #AlphaPoints you will be eligible to participate, in this case you go to BNB/USDT or BNB/USDC and let’s say you have enough to buy 3 BNB, next you need to hedge your position in case after TGE BNB will rapidly decrease in price, you proceed to Futures and open short position. I would recommend leverage not higher than 5x and you will need for margin in this case about 400$ (depends on current price of BNB).

So like this you are secured from losses in case BNB will increase in price you will compensate your short position on Futures with the spot position and vice versa.

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