In the crypto world, crypto presale is one of the important terms that investors must know. A crypto presale is the initial phase in the sale of a new token before it is widely distributed in the market.

 

Its purpose is to give investors an understanding of the presale process, which can provide an opportunity to obtain a price lower than the price offered in the general market while understanding the risks better.

 

To better understand what a crypto presale is, from the definition, benefits, and risks to the list, check out the full review below.

 

What is Crypto Presale?

A token presale is a sales stage that occurs before tokens are publicly offered through an Initial Coin Offering (ICO), Initial DEX Offering (IDO), Initial Exchange Offering (IEO), or other methods.

 

The difference is that presales are more limited in access than public sales, as they are only open to accredited investors or venture capital.

 

Compared to public sales, presales require potential investors to undergo several verification stages, such as whitelisting and Know Your Customer (KYC) processes. Crypto presales are usually organized to fund projects privately.

 

It allows time for planning and developing the app or product so that it is better prepared to be offered to the public.

 

This phase is also often a key moment where planning and adjustments are made in greater depth through dialog with the investors involved in the presale.

 

Crypto presales will become very attractive to investors in 2024 as they see great potential in these projects for the future.

 

Even during a down market, investors’ interest in increasing their portfolios remains high.

 

However, finding the right crypto presale is not easy. That’s because there are many things to consider before deciding to invest.

 

How Crypto Presale Works

 

 

Quoting business2community.com, how a crypto presale works is not much different from a typical presale. It involves startup companies planning to launch their crypto with a limited amount.

 

Presales are often the first step to securing seed funding before the actual project begins and before a sale to the public is announced.

 

To access crypto presale token purchases in 2024, most developers require potential investors to go through a whitelisting process.

 

In this case, only whitelisted people are usually allowed to buy. How to get whitelisted also depends on the requirements and registration procedures set by the token developer.

 

Once you are whitelisted and want to buy presale crypto, you must prepare the necessary funds. Not everyone has access to buy crypto tokens during these presales.

 

There are many crypto presale offers in 2024. Such offers usually last a few days or weeks and may have a specific time limit.

 

With so many available crypto presale offers, finding quality ones can be challenging.

 

As an investor, you want to ensure your investment will be worth it. Therefore, looking for the best crypto presale to make your investment successful is important.

 

10 Crypto Presale List

Quoting business2community.com, investors who have invested in crypto assets may find participating in presale token purchases naturally appealing.

 

That’s due to the potential for such crypto projects to deliver significant returns, often reaching triple digits (even quadruple digits) after a successful launch.

 

The following are some of the best crypto presales worth considering in 2024, among others:

 

• Dogecoin20

DOGE20 token offers a greener approach and broader functionality than the original Dogecoin.

 

It operates on the proof-of-stake Ethereum network, making it easy to access and eliminating the need for proof-of-work mining processes.

 

• Green Bitcoin

With Green Bitcoin, it can reduce dependence on fossil energy in the crypto ecosystem.

 

• Sponge V2

It is an innovative alternative meme token that enhances its functionality through gaming and stake-to-bridge mechanism.’

 

• 5th Scape 

A new Virtual Reality (VR) gaming platform that integrates with crypto assets and offers a unique and exciting gaming experience.

 

• DogWifCat 

DogWifCat is one of Solana’s Meme coins that is on the rise and promises great profit potential for investors.

 

• Smog

Smog has been one of the altcoin memes with potential significant price increases. In addition to its affordable price, the token also offers an attractive airdrop program for its holders.

 

• eTukTuk (TUK) 

Using blockchain technology, eTukTuk aims to improve the environment by reducing pollution and encouraging a greener lifestyle.

 

• Bitcoin Minetrix

As a cloud mining platform, Bitcoin Minetrix allows anyone to stake Bitcoin (BTC) in a decentralized manner, allowing users to be rewarded for their participation.

 

• Poodl Inu 

The $POODL token is not just a meme coin, it also provides an opportunity for holders to earn rewards through staking.

 

• Scorpion Casino

SCORPION offers a comprehensive online casino platform with over 200+ games from various leading providers. This includes slots, blackjack, roulette, poker, live casino and more.

 

Benefits of Investing in Crypto Presale

 

 

Participating in a token presale stage can be very beneficial as it often offers a lower price than the public offering price later on.

 

Investors involved in the presale stage usually have direct involvement in the project’s development and provide valuable feedback and criticism.

 

The development team often provides additional incentives, such as NFTs and exclusive merchandise, in appreciation for such contributions.

 

The presale stage is not only beneficial for investors but also for developers. This is because the cooperation that occurs during this stage with various parties can expand the project’s reach when it is launched.

 

In addition, the presale also allows investors to get early access to promising crypto assets, increasing the profit potential when the value of these assets increases after they are publicly launched.

 

Risks to Consider

While it is true that early-stage investing has the potential for great returns, it also has some drawbacks that need to be considered beforehand.

 

Potential investors are often limited in the number of purchases. They must comply with various regulations, such as vesting, which holds the sale of crypto presale tokens until a certain time.

 

In addition, presales also carry a higher level of risk because the project is still in the conceptual and early development stages. Therefore, there is a possibility that the development and sales process will suffer losses or even fail.

 

Another concern is that payments in a presale generally do not go through a third-party intermediary. The developer often conducts presales directly, increasing the risk of fraud due to the lack of third-party protection and verification.

 

How to Find the Best Crypto Presales

Quoting laman business2community.com, you can search for information about crypto presales online or get information from the crypto trader community.

 

Reputable platforms like Coinmarketcap provide extensive information about the crypto world, including information related to crypto presales.

 

In that regard, you can also visit the coinmarketcap.com website directly to find more information. On the ICO Calendar page, there are many crypto presale options available. You can even find the most recent crypto token presale.

 

Information about ongoing crypto presales is also available there. You have the freedom to choose which crypto presale you want to join.

 

So, you just need to find the tokens that interest you the most and do more research on them.

 

Conclusion

To conclude, crypto presales can be an attractive investment opportunity for investors who want to benefit early from developing crypto projects.

 

At this stage, investors can purchase tokens at a price lower than the market price once they are officially launched.

 

However, while crypto presales promise high potential returns, the associated risks cannot be ignored. Projects still in the early stages of development or conceptualization may have a high failure rate.

 

Also, not all projects will succeed in achieving their goals. In this case, investors should be prepared to face the possibility of large losses.

 

Therefore, as a disclaimer, investors must research and understand the situation before investing in a crypto presale.

 

Investors need to do this because investing in a crypto presale should be based on solid knowledge and a deep understanding of the crypto market and the projects on offer.

 

 

Invest in Crypto on INDODAX

Well, now you understand what a crypto presale is, from the definition, benefits, and risks to the list.

 

Furthermore, if you are interested in investing in crypto assets, you should first check the crypto market on INDODAX Market.

 

After checking the price, you can purchase crypto assets on a trusted crypto exchange only on INDODAX.

 

Remember that INDODAX has been the best platform for buying and selling crypto assets in Indonesia.

 

INDODAX is also a pioneer in crypto trading in the country, successfully building a reputation as a reliable platform.

 

Through excellent services, INDODAX has made it easier for investors to gain access to the crypto asset market.

 

Furthermore, as a disclaimer, it is important to remember that investing in crypto assets is high risk because the value of these assets can fluctuate rapidly.

 

Therefore, conducting in-depth research before investing in crypto assets is important.

 

Let’s start your crypto asset investment now with INDODAX!