#币安钱包TGE New Token Subscription Process Sharing
Many brothers still don't understand how to play, let me introduce it simply.
Like airdrops, it consumes 15 points, but the difference is that tokens are distributed based on the number of subscribers; the more people there are, the less profit. Currently, the market yields about 40+.
The subscription requires staking 3 BNB, from 4 PM to 6 PM, for a duration of two hours, ending at 6 PM. After that, the 3 BNB and the new tokens can be withdrawn.
To prevent losses due to BNB price drops during the subscription period, hedging operations are needed.
Specifically, buy 3 BNB in spot at the same time, open a contract for a 3 BNB short position with 5x or 10x leverage, and wait until the subscription activity ends to withdraw BNB, then at the same time, sell the spot and close the contract.
This incurs a small fee but preserves profit.
There is a new token subscription website that you can open to check; it updates the subscription situation in real-time and shows the estimated profit. I usually wait until 5:30 to see the profit situation and enter the market when it's suitable.
https://bn-ido.vercel.app/
Above is the website.
Additionally, the new token page is all in English, which I also don't understand, but there’s just one button, just click it, max, you can subscribe for up to 3.
It ends at 6 PM, still on this page, just one button to withdraw, then you can sell it. This token is received in the wallet, not on the platform.