Binance Exchange is currently the hottest crypto exchange in the crypto space and it has been recently keep on adding more projects or coins in their innovation zone and most of it were successful and lots of people are getting massive gains from it.
Everytime Binance wanted to list a coin or cryptocurrency in their exchange, they will first announce about the listing of this coin on their official Telegram group and on their Twitter account.
You can join in the Binance Announcement Group in Telegram and follow their Twitter page here;
https://t.me/binance_announcements or @binance_announcements.
Binance Twitter: https://mobile.twitter.com/binance
They also announce on their Twitter page about giveaways, trading competition, an update about the features in their exchange, airdrops and much more.
Example Of Historical Data Of The Coin Using Coinmarketcap.
Let's have an example of one of the coin that was listed on Binance Exchange - $AUTO Token.
With the help of Coinmarketcap, you can have your own research there and track the coin and all about it that you are looking for.
When you search $AUTO token in Coinmarketcap, below it you will find all the exchanges where you can buy that particular coin.
In our example, Binance announced that they will list the $AUTO token in the exchange. And when you go back to the Coinmarketcap and search the coin, you can find all the exchanges like Pancakeswap that have listed the coin before Binance announced its listing.
These Exchanges have already listed the $AUTO token way before Binance and people who have the coin in one of these Exchanges have profited already after the announcement.
And when you look at this chart, when Binance announced the listing of $AUTO token, people were buying the coin with the price around $3,900.
People buy this coin in a listed exchanges before Binance listing for a reason to have an advantage because they know that if they buy this coin and it will be listed on Binance, it can have massive gains and large trading volume just within an hour after being listed on Binance.
The Coinmarketcap is what people are using to get the coin earlier than others and before Binance will list it.
If you notice the chart of $AUTO above, the price surge up from $3,987 to over $7,000 per coin and this is one way to have some gains very quickly. But currently, the coin is being traded around $3,900.
Scrolling down in the Coinmarketcap overview of $AUTO, you will see lots of exchanges that have listed the token.
But before it was listed on Binance, exchanges like Pancakeswap, Bakeryswap and OpenOcean have already listed the $AUTO token on February 2020 and Binance listed it on April 2020. So, if you have invested or bought $AUTO token in those exchanges, then you have already gained huge profits when it was announced that it will be listed on Binance.
How To Buy This Kind Of Token?
Binance Exchange is a a centralized exchange while Pancakeswap and Bakeryswap are Decentralized Exchange or DEX.
In Binance, you only need to provide some of your data and they will give security to your account while in Decentralized Exchanges you would need to have a Decentralized wallets like Trust Wallet and MetaMask and you will be required to keep the seed phrases to yourself in order to access your funds.
This is how Pancakeswap looks like;
And this is how Bakeryswap looks like;
Both of them almost looks the same to UNISWAP but offers different kinds of opportunities insides their DEX.
How to buy a token?
This is just an example.
First of all, you need to have your Decentralized wallet like Metamask or Trust Wallet and save your private key.
Let's have Pancakeswap for the example.
Go to the Pancakeswap dApp and connect your Binance Smart Chain wallet to the exchange.
Then, you need to find the Contract Address of that coin and add it in the Pancakeswap lists. Let's go for $AUTO token again.
This is the Contract Address of $AUTO token;
Then search the token in Pancakeswap. Then the token will show instantly.
Now, you can buy that token in Pancakeswap if you have some funds to purchase it.
If you want to learn more about decentralized exchange like Pancakeswap to get on early about a new projects or coins, you can read my article that's all about Pancakeswap below.
Deep review about Pancakeswap:
https://read.cash/@Kryptlook/a-deeper-dive-about-what-is-pancakeswap-and-how-does-it-work-ab752624
So when the coin is already listed in Binance, all you have to do next is to transfer it to Binance and sell the coin.
Remember, you would need a Binance Coin or BNB as a transaction fee because Pancakeswap runs under the Binance Smart Chain economy.
Kindly elaborate that if someone has purchased any coin before being listed in Binance and after listing of that particular coin If we dont have BNB we cant sale those coins???