How to Buy Crypto Before Listing on an Exchange, Tips to Make Money!

Bittime - Cryptocurrency investments are increasingly popular due to the potential for huge profits, especially when purchasing coins before they are listed on a major exchange. Even though it offers great profit opportunities, buying crypto before listing requires the right strategy and in-depth research. This article will discuss how to buy cryptocurrency before listing, the benefits and risks of this investment, as well as tips for finding promising new coins.

How to Buy Cryptocurrency Before Listing

One of the most common ways to buy cryptocurrency before listing is to participate in a presale. In a presale, developers offer tokens at a discount before the coin is listed on an exchange. This is a good opportunity to get tokens at the lowest prices. However, it is very important to check the credibility of the project first before investing.

Apart from the presale, there is also an Initial DEX Offering (IDO) which allows investors to buy tokens on a decentralized exchange (DEX) before listing on a centralized exchange. IDOs provide a fairer opportunity for many investors without special treatment for insiders. In addition, some projects also offer fair launches, which give the public the opportunity to buy tokens without favoritism.

Read also: PAWS Airdrop Snapshot Ends: When is the Listing Date and Price Prediction?

Another way to get crypto before listing is through airdrops. An airdrop is a giveaway of tokens for free or at a very low cost, usually used to promote a project or reward loyal community members. You can earn these new tokens just by following the project's social media or joining their community.

Crypto launchpads are also a useful platform to buy coins before listing. Launchpad is a platform that helps new projects raise funds by offering tokens to investors before listing on major exchanges. Platforms such as Binance Launchpad or Polkastarter often provide the opportunity to purchase tokens at a discount.

Some projects also offer whitelists or waitlists, which give investors earlier access to purchasing tokens at discounted prices. You can register on this list via the project website or their partner platforms.

Benefits and Risks of Buying Crypto Before Listing

Buying cryptocurrency before listing has great benefits, such as access to lower prices and the potential for large profits if the token rises in price after listing. By getting in early, you can get tokens at a cheaper price and potentially make significant profits if the project is successful.

Read also: How to Claim Community Prizes on PAWS Airdrop, Read in Detail!

However, there are also risks that need to be considered. Tokens listed on new exchanges may have low liquidity, so you may have difficulty selling tokens when you want to cash out your investment. Additionally, some projects may be illegitimate and simply trying to defraud investors. Therefore, in-depth research is essential before investing in a new cryptocurrency.

Conclusion

Buying cryptocurrency before listing on an exchange can provide huge profits, but it also carries risks. By using methods such as presales, IDOs, airdrops, and launchpads, you can acquire tokens at low prices that have the potential to rise. However, make sure to always do your research and understand the risks involved before deciding to invest.

FAQ

What is presale in crypto?

A presale is an event where crypto developers offer tokens at a discount before the coins are listed on major exchanges. This gives investors the opportunity to buy tokens at a cheaper price.

Is it safe to buy crypto before listing?

Buying crypto before listing carries risks, such as low liquidity or potential fraud. Therefore, it is important to do in-depth research and ensure the project is legitimate before investing.

How to get free tokens via airdrop?

An airdrop is a free or low-cost token giveaway to promote a project. You usually need to follow a project's social media or join their community to qualify for the airdrop.

How to Buy Crypto on Bittime

Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with CoFTRA, Bittime ensures every transaction is safe and fast.

Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!

Cek course BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

Additionally, visit Bittime Blog to get various interesting updates and educational information about the world of crypto. Find trusted articles about Web3, blockchain technology, and digital asset investment tips designed to enrich your knowledge in the world of crypto.

Reference

Binance, How to Buy CRYPTO (CRYPTO) Guide, accessed January 6, 2025.

Author: MF