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You know that one of my favorite hobbies is hunting low market cap gems that have the potential to do a 100x. That's the Holy Grail of cryptocurrency investing. In the best case, you find them before they are even making it to the market, before they are even tradable.
One method is to participate in Initial Coin Offerings (ICOs) or token presales. I already wrote about the safest ways to participate in token presales before. I only recommend certain Launchpads and not any kind of private presales. However, this is a topic that I covered in a previous post on my blog and I recommend you check it out later in case you've missed it.
Best Platforms To Find The 100x Gem In Initial Coin Offerings (ICOs) And Token Presales ??
Now, ladies and gentlemen, here comes the clou. Initial Coin offerings or presales are not the only way to find the next gem before it has any value and before it is even tradable on the market.
First of all, I like to give you an example of how I found one of these in the past, a gem that had zero value back in the days but now it has a value of hundreds of dollars. Then I would like to go on with analyzing the BYD token which is the upcoming native token of the exchange.
Example FOX Token
At the beginning of last year, I received some Fox tokens from SHAPESHIFT just for connecting my LEDGER to this new exchange. These tokens had absolutely zero value and for a long time, the value remained zero. Then at one point, my FOX tokens became tradable and with the start of trading, these tokens all of the sudden had a value.
Now it comes even better, just because I had interacted with Shapeshift and I had claimed these tokens, I had been eligible for another airdrop a few months ago. My Fox tokens that once had a value of Zero are now worth some hundred bucks.
This is exactly what I am talking about. You can get a token that has zero value because it is simply not tradable yet. At the moment the trading starts, it will have a value. To see the potential of these kinds of tokens you need to be a long-term-thinker and not a short-term-thinker.
Do not underestimate tokens with zero value, especially not when these tokens are native exchange tokens. This leads me to another potential gem, the BYD token.
The BYD Token From BitYard
is working on its own native exchange token called BYD. The total supply of BYD is 210 million and around 10 million of them are currently available in a promotion on BitYard.
Many centralized exchanges have their own native coins. All of these CEX coins are giving benefits to users of the corresponding exchange. Some even go beyond by building a whole ecosystem around them.
Many of us have underestimated the potential of CEX coins and tokens for a long time. Especially the pump of BNB at the beginning of the year has thought us that these CEX tokens have a huge potential. The more new users get into crypto, the more will also use exchanges to buy and sell their crypto. Native tokens of exchanges have real use-cases. As it is beneficial to hold a CEX token on the according to exchange that you use for trading, the demand will rise.
Of course, the same applies to BYD. While you may have missed out on other exchange tokens, you can be an early bird for this one.
I know that I received some BYD just for signing up but I am really not sure if this is still the case. However, if that is not the case anymore, there is still another opportunity to get some.
has a feature called Daily Mining as you can see on the screenshot I provided. Each account can receive up to 16 BYD tokens. Simply visit this site daily for mining and start accumulating them. There are most like more chances coming up to get some more BYD tokens.
The final release of the BYD token is planned for the beginning of next year. The only way to get your hand on this hidden diamond is by signing up for the exchange. There is no other way to get your hand on them. Right now, there is even no need to do any kind of KYC. It is a simple song up without any hassle.
My Final Words
I hope I could provide you with some interesting and useful information about the hidden gem called BYD token and , which is in my opinion, also the best exchange for copy trading. If you like to learn more about copy trading on BitYard, please check out the link at the end of this post.
Like always please keep in mind that my intention is NOT to replace your own research. Always #DYOR. I may look smart on my profile pic but I am not your financial sensei. You alone are responsible for your financial decisions and no one else. ??
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