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#代币锁定期 I just saw the BTW Pre-TGE event on Binance Wallet, and it starts tomorrow afternoon. You can participate with just 15 points. Seems pretty good? But I took a closer look at the important notice and got a bit confused 😅
What does token lock-up period mean? During the lock-up, tokens can't be traded, transferred, or used? So after I participate in the Pre-TGE and receive the tokens, won't I just have to wait and watch? Even more frustrating is that the unlock time might not be announced in advance!
This is a bit tricky... It seems many projects set it up this way, probably to prevent short-term dumping, right? But for us newbies, it feels a bit passive. How can we find out exactly how long the lock-up period will last? Can experienced users explain? What questions should I ask before participating in such Pre-TGE events? I want to make sure I won't get caught in a scam before I dare to take action.