How can you participate in new projects through Launchpool?
Launchpool is a product offered by Binance that allows users to earn new cryptocurrencies by staking
their digital assets (Staking) for a certain period. These projects are often linked to new currencies that are being launched.
For the first time, making it an opportunity to participate in the early stages of promising projects.
How to participate in Launchpool:
1. Open an account on Binance:
If you don't already have an account, sign up on Binance and verify your identity to activate the account.
2. Access Launchpool:
Log in to your account.
Go to More in the main menu, then choose Launchpool.
You will find a list of projects available for investment, with details of each project.)
Note: There are no projects at the moment, please follow up continuously, whether on the platform
Binance itself or its associated social media
3. Choosing the right project:
Read the project details carefully, such as:
The new currency to be distributed.
Supported currencies for staking (usually BNB Pool, or FDUSD Pool).
The length of time required for storage.
Total rewards available for distribution.
4. Staking of assets:
Select the amount of coins you want to store, such as (BNB Pool, or FDUSD Pool).
Confirm the transaction, and the rewards will start being credited automatically.
5. Get rewards:
Rewards are distributed daily based on the amount of coins staked and your share of the total stake.
You can see the rewards earned directly in your account.
6. Withdraw stored currencies:
After the storage period ends, you can withdraw the stored coins and rewards to your wallet.
Launchpool Features:
Ease of participation: No complex trading skills required.
Additional returns: You can earn new coins without selling your digital assets.
Early investment opportunity: Participating in new currency projects may be an opportunity to achieve
Huge profits if the coin succeeds.
Flexibility: Some projects support flexible staking, allowing you to withdraw
Your assets at any time.
~ Cover image shows investment in VANA blockchain 😍
Binance's Token Launch Platform