bnb must be held for a long time
If there is a pullback, buy it in batches
Cash out the coins you can mine and slowly get your principal back.
Turn into cash flow every year
BNB is as stable as BTC ETH
New coin mining (Launchpool) defines two modes of new coin mining. Binance Bao’s new coin mining (double rewards once owned) Summary of new coin mining in the dedicated mining pool (Launchpool)
The principle is to support newly listed currencies on the one hand by depositing specified virtual currencies (such as BNB, BUSD), and on the other hand to obtain rewards. In more professional terms: "Investors deposit cryptocurrency in a specific mining pool to support the operation of the blockchain network, and the investor can obtain relevant rewards." Using traditional financial metaphors - New currency mining is like a newly listed fund. In order to attract investors to buy the fund, some reward programs have been developed. For example, if an investor buys this fund in New Taiwan dollars, the fund company will reward the investor with interest and dividends. Therefore, Binance’s new currency mining mechanism can be described as follows:
Two modes of new coin mining
Currently, there are two ways to mine new coins on Binance:
The first is to mine through the "Binance Savings" mining pool and deposit BNB, BUSD and other currencies. Binance will return the ICO currency interest to you and deposit it at 9:00 every morning. Rewards are credited to your spot account.
The advantage of this method is that not only can you get ICO coins as rewards, but you can also earn current interest on Binance Savings!
Therefore, in addition to the coins you can purchase for new coin mining, you can also get the current interest of Binance Treasure at the same time.
