There are multiple ways to find and buy new cryptocurrencies before they are listed on exchanges, includingparticipating in token presales, initial exchange offerings,crypto airdrops, or Launchpool and Launchpad campaigns on Binance and other crypto exchanges.
In the crypto market, being early is the key to realizing the kind of returns that have made cryptocurrencies so attractive for speculators. When a cryptocurrency is already listed on major crypto exchanges, chances are that it’s already too late for it to generate the large returns crypto speculators are looking for.
In this article, we’ll show you how to buy new crypto projects before listing, and highlight the tools you can use to find new crypto projects that could have potential.
Before we continue, we should clarify that investing in new crypto projects is a highly risky activity and that you’ll be much more likely to lose money than make money. Always do your own research before making any investment decisions, and never invest more than you are willing to lose.
Key takeaways:
- There aremultiple ways to find and buy new cryptocurrencies before they are listed on exchanges.
- New tokens are often decentralized exchanges (DEXes) before they make their way to centralized exchanges such as Binance.
- You can buy new tokens before listing by participating in token presales or initial exchange offerings (IEOs).
- You can get your hands on new crypto tokens for free by participating in crypto airdrops.
One of the best ways to get new crypto coins and tokens early is to participate in Launchpool and Launchpad projects on Binance. They allow users to stake BNBand earn free tokens from promising up-and-coming crypto projects, usually before their exchange listings.
Visit Binance's Token Launch Platform
How to find and buy new crypto before listing?
If you want to buy new crypto before listing, you have two main options – you can either use DEXes (decentralized exchanges) to buy tokens from projects that are yet to be listed on big centralized exchanges or participate in crypto presales for projects that are yet to launch their tokens.
We are going to split how to find new crypto coins early into 4 main categories, including:
- Finding new tokens on the blockchain
- Participatingin crypto presales
- Participatingin Launchpads and Launchpools
- Hunting for crypto airdrops
- Follow news and communities
Let's begin with the most fundamental aspect of finding new crypto coins: learningto read and analyze on-chain data.
1. Find new tokens on the blockchain
If you’re wondering where to find new crypto projects before listing, your best bet is to find new cryptocurrencies and then buy them using decentralized cryptocurrency exchanges.
The most active platform for new blockchain projects is Ethereum, so we recommend you start your search there. In order to find new crypto coins to invest in, you can use a variety of tools.
Block explorers
If you’re going to do anything on-chain, it’s crucial that you learn how to use a block explorer. Block explorers are tools that track all blocks and transactions for a particular blockchain, providing you with a complete overview of what’s happening on-chain.
If you’re interested in what’s happening on the Ethereum blockchain, we recommend that you get very familiar with Etherscan and explore all of its features. Being proficient with a block explorer will already give you an advantage over many other participants in the crypto markets.
DEX data aggregators
DEX data aggregators are an invaluable tool if you’re searching for promising new cryptocurrencies. There are several DEX data aggregators available on the market, but a good place to start is DEXTools.
With DEXTools, you can quickly find the most traded cryptocurrencies on decentralized exchanges, as well as the biggest gainers. This means that you can easily identify which cryptocurrencies are currently seeing the most interest from traders, which could be a good indicator that a project might be worth exploring further.
DeFi portfolio trackers
Tracking power users and which coins they’re investing in can be a great way to find promising new cryptocurrency projects. A good way to track successful investors and traders is to use a DeFi portfolio tracker such as DeBank.
Essentially, DeFi portfolio trackers work with the same data as block explorers but package the data in a more easily digestible way. They also tend to support multiple blockchain platforms, allowing you to track users’ on-chain moves across different chains.
Blockchain analytics platforms
If you want to analyze activity on blockchains from a big-picture perspective, we recommend you get familiar with Dune Analytics. On Dune Analytics, users can write custom queries for blockchain-sourced data and display the information visually with charts. While you’ll have to search around a bit, you’ll be able to find dashboards that will make it easier for you to identify promising new projects.
If you’re familiar with SQL, you can write your own queries and create your own Dune Analytics dashboards.
2. Participate in crypto presales
The other method of buying new crypto before listing is to buy tokens in crypto presales. A presale is when a project that hasn’t launched its tokens yet offers some of them up for sale. Presales can either be accessible to the public or only available to specific investors (private sales).
Unless you’re a prominent investor with good connections, you’ll likely only be able to participate in public presales. One of the best places to find new crypto presales is our platform, CoinCodex, where we provide an up-to-date token sale list. We also curate the list of the best ICOs to invest in, which is updated every month.
On CoinCodex, you can sort presales by a variety of settings. For example, you can choose between a variety of token sale types:
- ICO (Initial Coin Offering)
- STO (Security Token Offering)
- IEO (Initial Exchange Offering)
- IDO (Initial DEX Offering)
- Parachain Auction
You can also sort token sales based on their start and end dates or take a look at our extensive library of completed token sales with detailed information. On CoinCodex, you can also find a list of new cryptos, which will allow you to stay on top of the latest developments in the crypto and blockchain space.
When it comes to crypto projects conducting public token sales, there’s a very big range in terms of quality quality. Some projects have well-thought-out ideas and impressive teams, while others are rather low-effort.
It’s important to conduct thorough research when evaluating upcoming cryptos to invest in, and you have to keep in mind that you will be more likely to lose money than not, even if you choose to buy tokens from a relatively high-quality project. Investing in token sales is one of the riskiest ways of engaging with the cryptocurrency markets, although the returns can be quite high.
If you’re looking to participate in token sales for more high-quality cryptocurrency projects, a platform worth considering is CoinList. However, the requirements for buying tokens on CoinList can be a bit more restrictive, and you’ll have to complete a KYC (know your customer) process before you can buy tokens. Some examples of projects that have conducted sales on CoinList include Algorand, Solana, Stacks, Filecoin, Flow, Mina Protocol, NEAR Protocol, and many others.
3. Participate in Launchpads and Launchpools
Right before an exchange lists a token, they might give users the option to either earn or buy that particular token. This practice was pioneered by the Binance cryptocurrency exchange, and now many other exchanges use the same terminologyas well:
Launchpad
A launchpad is essentially a token sale platform hosted by a cryptocurrency exchange. In most cases, users need to hold a specific amount of the exchange's native token (for example, BNB on Binance) in order to be eligible. Users who are eligible can decide to buy new tokens at a predetermined price before the token is listed on the exchange (usually after the Launchpad program ends).
Token sales hosted by an exchange are usually referred to as initial exchange offerings (IEOs).
Launchpool
Launchpools are staking platforms hosted by a cryptocurrency exchange. A launchpool allows users to earn new tokens simply by staking coins. For example, you might be able to earn tokens from a new crypto project on Binance by staking BNB or stablecoins. Usually, the new token featured on a launchpool is listed by the exchange shortly after the staking program concludes.
4. Hunt for crypto airdrops
Another way to get your hands on new cryptocurrencies before they become listed on exchanges is to participate in airdrops. An airdrop is when a cryptocurrency project gives users tokens for free, usually for promotional purposes or to ensure a fair distribution of the token.
In order to find upcoming crypto airdrops, you can use crypto airdrop listing sites. Such sites aggregate cryptocurrency projects that are scheduled to do a token airdrop and provide directions on what you need to do to become eligible.
Read more:8 Best Crypto Airdrops in 2024
Another way to potentially get airdrops is to use decentralized finance (DeFi) protocols that haven't issued their own token yet. When DeFi projects decide to launch a token, they often use a "retroactive airdrop" method, distributing tokens to users who have interacted with the protocol in the past. This is, of course, not a sure-fire way to get an airdrop, but it might be worth a try, depending on the project.
Of course, you shouldn't expect to strike it rich from airdrops. In most airdrops, you'll get a relatively small amount of tokens, and most projects conducting airdrops have low market capitalizations.
5. Follow news and communities
Another way to find new crypto projects early is to follow relevant news sites. For example, you could consider saving our article on the best new crypo projects, which is updated every month and features coins and tokens that hold a lot of potential but have not yet become highlypopularin the broader community.
There's also the option to keep tabs on the best crypto communities. Forums and social media platforms are a treasure trove of information for anyone who's willing to take some time. If you're trying to find cryptos before they even launch, you'll have to follow a broad range of channels and groups, but the payoff might be well worth it.
The bottom line
It’s not too hard to find new crypto projects to invest in as long as you use a platform with a crypto token sale calendar such as CoinCodex. If you’re interested in new coins that are already trading, you can use tools such as Etherscan and DEXTools to find new crypto projects before they are listed on big cryptocurrency exchanges.
If you want more tips on how to buy new crypto coins before they’re listed, check out our article covering how you can find new meme coins early.
For more extensive research and analysis of new cryptos, we suggest you check out our list of the best crypto tools for analysis, trading, and research.
FAQs
How to buy new crypto before listing?
You can buy new crypto before listing on decentralized cryptocurrency exchanges such as Uniswap and PancakeSwap. Some projects that haven’t launched their token yet will make it available to users via a presale.
Where to find new crypto projects before listing?
If you want to find projects that are conducting token sales, you can find an updated list of crypto presales on CoinCodex.
If you’re looking to trade new cryptocurrencies that have already been released, we recommend you use Etherscan or DEXTools to find new cryptocurrencies that are seeing a lot of activity and can be bought on a DEX.
