Original author: Alex Liu, Foresight News
The theme of the second half of November 11 was surge, and the hottest event in the first half was undoubtedly Binances launch of two small-cap tokens, ACT and PNUT.
Before the news came out, the market value of ACT tokens was only about 20 million US dollars, but within 8 minutes after the launch announcement, the market value increased 10 times. Who can get the news and buy tokens at the first time to enjoy this increase?
According to Lookonchain, a savvy trader made more than $3 million in just one hour by monitoring newly listed tokens on Binance.
Within seconds of Binance announcing the launch of ACT, he spent 1,558 SOL (about $320,000) to buy 10.9 million ACT, now worth $3.4 million, making a profit of more than 20 million RMB in 10 minutes! (As of the time of Lookonchain posting)
However, some users have questioned this, believing that this is rat trading and insider trading, because he bought the tokens 7 seconds faster than the Chinese listing announcement was issued.
The accusation of insider trading sparked a huge discussion until the Equation News team came forward to claim the transaction and explained why it was faster than the announcement: Binances English announcement was faster than the Chinese announcement. They monitored the English announcement and sent the transaction 2.4 seconds after the announcement was issued.
The huge profits are certainly enviable, and the special trading category of news trading has once again entered peoples sight. By writing scripts, renting servers, writing automatic trading programs, and then monitoring certain favorable events such as Binance listings and Upbit listings, you can often reap considerable profits by being one step ahead of others. And when a small market value increases 10 times, it is even more of a fortune.
Opportunities always come to those who are prepared. Vida, the founder of Formula News (his better-known online name is The First Generation of Rich People Born in the 2000s), is a well-known news trader. It is said that he has achieved A 9 through news trading in the last round. It is no coincidence that he was able to buy in the fastest while having accumulated technical experience:
Research Binance listing strategies:
Amid the doubts about Binance’s listing strategy, he summarized the following points:
Coins with high trading volume and high community popularity on OKX or Bybit, regardless of VC or Meme, will probably be listed on contracts first because they don’t want the liquidity of Binance users to create a wealth effect for other exchanges.
OKX and Bybit have little trading volume for MEMEs, and they are likely to be listed on contracts or spot markets in order to grab the traffic with money-making effects and the good reputation of the community.
After making a fortune from this news trade, he did not forget to give a thumbs up to Binances listing strategy under the tweet by Binance co-founder He Yi in response to the zero listing fee for ACT and PNUT.
2. Test possible scenarios in advance
Traditional news trading has become very involuted, with operations such as connecting to dedicated telephone lines and setting up offices in places close to the news such as stock exchanges, all for the sake of a time difference of every second. Although news trading in Web3 is also very profitable, it also has a threshold that is difficult for ordinary people to operate - you need to know how to program, write monitoring scripts and automatic trading programs, and a small mistake may cause financial losses. You also need to rent expensive servers to ensure that you can receive news and buy in the first time...
I hope the “news trading” method can inspire you, and I hope we can all make money in this bull market.
