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.
How to 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) 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.
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 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’s several DEX data aggregators available on the market, but a good place to start at 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.
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 their 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.
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.
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.
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 interest 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 cryptocurrencies to invest in.
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 are already 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.
