How to grab the issuance price of new coins on the exchange

To increase the success rate of the exchange’s new currency issuance snap-up price, please follow the following steps: 1. Research the exchange and new currency issuance mechanism; 2. Register and complete KYC verification; 3. Prepare funds in advance; 4. Understand the issuance mechanism; 5. Practice before rush buying; 6. Rush buying time; 7. Understand rush buying restrictions; 8. Use automated scripts (if approved); 9. Handle rejections and keep trying; 10. Monitor market conditions.

Guide to the exchange's new coin issuance price snap-up

New coin issuance is a popular activity for exchanges to attract new users, and participants have the opportunity to purchase new tokens at a price lower than the market price. The following guide will guide you on how to increase your success rate in snapping up prices in new coin offerings on exchanges:

1. Research and select exchanges

Choose reputable exchanges to reduce the risk of fraud. Research the exchange’s new coin issuance history and rush buying mechanism.

2. Register and complete KYC

Register an account on the exchange and complete KYC (Know Your Customer) verification. This will make you eligible to participate in the new coin offering.

3. Prepare funds in advance

Before the new currency issuance begins, prepare enough funds to deposit into your exchange account. Some exchanges may set funding requirements.

4. Understand the issuance mechanism

Different exchanges adopt different new currency issuance mechanisms. Understand exactly how tokens are allocated (e.g. lottery, first come first served, auction).

5. Practice before rush buying

Be familiar with the exchange’s rush buying interface before the actual rush buying. Simulate placing an order and understand the rush buying process.

6. Rush time

Try to place an order as soon as the new coin issuance starts. Some exchanges operate on a first-come, first-served basis, so it’s crucial to be the first to place your order.

7. Understand the buying restrictions

Some exchanges may set limits on individual buying amounts or holdings. Be aware of these restrictions and adjust your order accordingly.

8. Use automated scripts

Some exchanges allow the use of automated scripts for faster order execution. However, make sure the script complies with the exchange's rules and policies.

9. Handling Rejections

Don’t be discouraged if your order is rejected. Keep trying to snap up as more tokens may be released.

10. Monitor the market

After the new currency is issued, monitor the price trend of the new currency. Sell ​​or hold promptly to maximize your profits.

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