How to Buy New Crypto Before Listing: Presale Guide

When crypto project tokens move to the listing stage and are added to crypto exchanges, they actually enter public circulation and become available for trading. On such crypto exchanges, users can buy, sell, and exchange these tokens for other assets.

Since listing means liquidity, the price of a new project token can quickly skyrocket. If you consider yourself to be the type of investor who intends to get the maximum Xes, it makes sense to buy tokens on crypto presale or, for example, during an ICO, IDO, or IEO. Below, we will explain what a crypto presale is and also share our insights on how to join a crypto presale.

What a Crypto Presale Is and Why It Matters

Crypto presale or token presale is the stage at which a new crypto project organizes the sale of its tokens for the first time before listing on exchanges. It precedes a public sale or a full-fledged launch within an IDO, an ICO, or an IEO to obtain some capital for the subsequent project development, check the audience's interest in the product, and also stimulate early investors to become real users by awarding them additional bonuses, opening exclusive functionality, providing access to voting, etc.

At the same time, an ICO is the first format of token sales, which was often performed directly on the official project website. Since such projects had the opportunity not to undergo any third-party checks, buying crypto before listing by investors was carried out on trust – that is why many of them faced a scam and lost faith in such events.

The mass nature of such cases, in turn, prompted the emergence of alternative fundraising events: an IDO (which is held on decentralized crypto exchanges and launchpads and is audited right there) and an IEO (which takes place on centralized crypto exchanges and is checked by their internal teams for its transparency and reliability). If you want to learn more about the differences between ICO, IEO, and IDO, you can read this article.

To summarize the above, participation in the presale opens early crypto opportunities with the most favorable conditions, because often the price of a token is 2-10 times lower than after listing on the exchange. It is also worth noting that successful projects after the release can show x5–x50 (and this is not fiction – examples of such successful investments are $SOL, $MATIC, $APT, and some others). Finally, early investors can get additional tokens, NFTs, voting priority, or access to closed functions.

As for risks, early participation is always associated with increased volatility and the possibility of encountering a dishonest team that may disappear immediately after raising funds. Also, due to profit-taking by early investors, the price of the token after listing may fall sharply. Finally, participation in presales should always be aimed at long-term investments since it is impossible to sell tokens immediately after purchase. Therefore, before investing, always conduct due diligence instead of relying only on loud promises of crypto teams.

Step-by-Step Guide on How to Buy Crypto Before Listing

Participation in the presale is an opportunity to purchase tokens at the lowest price. To avoid missing out on a promising project, just follow our guide on how to get early access to crypto below.

#1. Perform due diligence

Before purchasing tokens, you should analyze the following aspects of the project:

• Whitepaper: it should include the project's goals, technical details, and an adequate roadmap;
• Tokenomics: find out how tokens are distributed, how vesting is structured, and how many tokens will go to the team and funds;
• Smart contract audit: it should be open and performed by well-known companies that specialize in this;
• Social media activity: look through Telegram, X (Twitter), Discord, and other social networks of the project – there should be an active audience, regular updates, and AMA sessions.

#2. Set up your crypto wallet

The recommended option for use is MetaMask, which is available both as a browser extension and as a mobile app. You can also consider Trust Wallet, a mobile software with easy navigation. After you create your crypto wallet, you have to save the seed phrase in a safe place and do not share it with anyone.

#3. Top up your crypto wallet

To buy new crypto coins before listing, you should top up your crypto wallet through a crypto exchange or p2p. As for the cryptocurrency in which it is best to do this, the most common options for presales are ETH, USDT, and BNB. You also need to make sure that you are sending funds in the appropriate network – for example, Ethereum Mainnet, BNB Smart Chain, Arbitrum, etc.

#4. Register on the presale platform

To participate in a presale, for example, Nexchain, you need to go to the official website of the project, connect your crypto wallet, and check the blockchain compatibility (usually the website automatically suggests the right one). Also, you have to check if you have enough funds to make a crypto investment before listing (including fees).

#5. Make a token purchase

Indicate the amount you want to invest in crypto before listing and confirm the transaction in your wallet. At the same time, if a non-EVM network is used, then the transaction often occurs via the direct deposit method, that is, through transferring funds to the provided wallet address. Once the transaction is complete, you will need to check the My Tokens tab.

#6. Ensure safe storage of tokens

After buying new crypto early, the tokens will either be automatically credited to your wallet or temporarily locked until the token generation event (TGE). All you need to do is manually add the token contract to your wallet.

Best Platforms to Find New Crypto Presales

To find promising presales to buy crypto before listing, you have to use only reliable sources where projects are moderated, provide all necessary documentation, and participate in discussions. So, let’s proceed our crypto presale guide for beginners with considering such sources.

1. Platforms with listings of presales

These pre launch crypto websites aggregate information about token launches, their launch dates, conditions of participation, and often provide independent assessments of the riskiness of early stage crypto investments. Among the most popular ones are CoinMarketCap (especially the Presales section, where you can filter by ROI, categories, and launch date), CoinGecko (visit the ICO/Presale section, where you can add custom tags and automatically update data), ICO Drops (here, you can find active, upcoming, and completed IDOs/ICOs with detailed descriptions of projects), Token Metrics (here, AI analysis and analytics from experts are presented), and PinkSale/DxSale (these are decentralized platforms where tokens are launched).

2. Social and community channels

Some presales do not get to the aggregators, especially if these are closed rounds. In this case, you should conduct research on crypto communities in X (namely, in the accounts of crypto investors, analysts, and project teams – all this can be found by hashtags like #cryptopresale, and #tokenlaunch), Telegram groups (like ICO Speaks, Presale Alerts, and DeFi Whales), Discord servers of projects (suitable if you already follow some projects and know their social networks), as well as Reddit (in particular, subreddits such as r/CryptoMoonShots and r/ICOCrypto).

3. Nexchain blog

In addition to the fact that Nexchain independently conducts the presale of its NEX tokens, the project blog already has many articles that provide an overview of the best crypto presales to buy now. This blog is regularly updated with new articles about buying crypto before launch, so if you are looking for projects that have passed due diligence from the Nexchain team, they are a must-read.

How to Get Early Access to Crypto: Tips for Beginners

Buying tokens before listing is an opportunity to get numerous Xes, but without a thorough check of the project, this event can be risky. Therefore, to understand how to buy new crypto before listing with the lowest risks, follow this crypto whitelist guide:

1. Look for projects with high potential. The first thing you should do before you buy new crypto coins early is to analyze the problem that the project solves – is its approach unique, or are there more effective alternatives? You may get some valuable insights from the project's whitepaper – so, be sure to read it in full. Whitepapers that contain few technical details and are more devoted to the team's beautiful promises should be taken with caution – there is a high risk that the project's innovativeness is only nominal. Also, the stronger and more famous the team and the more ambitious their goal, the higher the project potential will be. Therefore, you need to not be lazy and carefully analyze through Google and other publicly available sources of information, at least its key participants and their professional activities related to Web3 projects.
2. Analyze tokenomics and vesting. Now, you will need to make sure that not all of the token emission will hit the market at once. In general, the more locks and gradual unlocks, the more stable the token price will be in the future, after listing.
3. Determine where the presale will take place – on the launchpad or directly on the project website. Well-known launchpads like PinkSale and DAO Maker conduct KYC checks, but projects have to pay fees. Therefore, the price of tokens may be higher than expected. At the same time, direct presales like Nexchain provide easier access for inexperienced crypto investors and lower prices for tokens. However, it is important to conduct your own due diligence before investing.
4. Avoid scams and rug pulls. To avoid this, you should never send your money manually to addresses without a smart contract. It is also crucial to check the smart contract, its creators, and the presence of a third-party audit. Finally, do not forget to check community reviews and duplicate domains – they are often used by fake websites.

Conclusion

Now, you know how to buy crypto before it hits the market and understand that it opens up great opportunities for investors to enter a promising project with a minimum amount of money and at a very profitable price. However, this also carries certain risks, including potential unreliability of the team or the inapplicability of the project in real life. Therefore, do not forget to independently check the projects before joining them, and also try to diversify your crypto portfolio by not spending more than 10% of your available funds on one crypto project.

Frequently Asked Questions

Can you buy crypto before listing?

Yes, you can buy new crypto before listing if you participate in the presale, which is held before the token is listed on exchanges.

How to buy new crypto coins early?

To do this, you first need to analyze the project for reliability, and then create a crypto wallet and put in some cryptocurrency (usually ETH/USDT). After completing these steps, you will be able to connect to the presale and buy tokens, having previously taken care of their secure storage.

What wallet should I use for presale crypto purchases?

MetaMask or Trust Wallet are considered the most reliable and user-friendly crypto wallets, so it is better to use them.

How does crypto presale work?

First, the crypto project creates a smart contract, then distributes tokens according to the participants' requests, and then closes the round. After that, the listing of crypto tokens on exchanges begins.

Is it safe to buy crypto before it hits the market?

To buy crypto before launch may be safe; however, it depends on how thoroughly you analyze the project yourself – it is important to consider the presence of a third-party audit, check the team's reputation, as well as evaluate the transparency of the conditions and the vesting period.