PUMP GUIDE

PUMP GUIDE

BLOCKCHAIN INSIDER'S

Advance Notification of Pump

We will notify you in advance about the specific coins that will be involved in the pump. This allows you to prepare and make timely purchases.

Step 1: Transfer Funds to Your Trading Account

  1. Receive Pump Notification: Once you receive the notification about the upcoming pump, you can start preparing to buy the coin.
  2. From Main Account to Spot Account: Log in to your EXCHANGE BIT account and transfer cryptocurrency from your main account to your spot account.

[ https://exchange-bit.io/en/account/assets ]

Step 2: Convert Funds to USDT (if needed)

  1. Convert to USDT: If your deposit is not in USDT or the coin that will be pumped, convert your deposit to USDT on the exchange.
  2. Steps: Go to the conversion page and select the cryptocurrency you have. Convert it to USDT.

[ https://exchange-bit.com/en/account/exchange ]

Prepare for Purchase:

If you already have the coin that will be pumped, simply transfer it from your main account to your spot account.
If you have USDT, transfer it to your spot account and proceed to buy the pump coin.

Step 3: Buy the Pump Coin

  1. Go to Exchange Page: Navigate to the exchange page on EXCHANGE BIT.
  2. Select Coin: Select the coin mentioned in the insider notification.
  3. Set Order Type to Market: The default order type is set to "Limit". Change it to "Market" to ensure your order is filled quickly.
  4. Buy the Coin: Execute the market order to purchase the pump coin.

Step 4: Monitor and Sell During the Pump

  1. Receive Pump Timing Notification: We will inform you in advance when the pump will occur.
  2. Sell the Coin: As soon as the pump starts, sell the coin for USDT.

Profit: After the sale, you will realize a profit from the increased coin value.

Frequently Asked Questions

Why doesn’t pumping on EXCHANGE BIT affect other exchanges like Coinbase, Binance, Bybit, and others?

  • Different Trading Volumes and Liquidity: Pumping on one exchange does not impact others due to variations in trading volumes and liquidity across different platforms.

Why do insiders use EXCHANGE BIT for pumps?

  • Insider Trading Concerns: Insiders with close ties to exchange managers and major project creators (such as SOLANA, Chainlink, and Polygon) use EXCHANGE BIT to trade their coins, avoiding accusations of insider trading.
  • Low Trading Volumes: The significant price increase is due to the relatively low trading volumes on EXCHANGE BIT, influenced by these insider activities.

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