#BinanceLaunchpoolTON
#What is launch pool
#Why u should use launch pool
To launch a pool on Binance, you'll need to use the Binance Launchpool platform, which allows users to stake their crypto tokens and earn new ones for free ¹. Here's a step-by-step guide to get you started:
*Step 1: Sign up and create a customer account with Binance*
If you haven't already, create a Binance account and complete the Know Your Customer (KYC) verification to join ¹.
*Step 2: Choose a Launchpool project*
View available Launchpool projects and select one that interests you ².
*Step 3: Stake your tokens*
Deposit your tokens into the pool, and start earning new ones ¹. The amount of tokens earned per day depends on the number of tokens staked against the total number of tokens available in the pool.
*Step 4: Trade your earned tokens*
Trading is open on the seventh day of farming, and you can trade for roughly 30 days from the commitment period ¹. Any pending tokens earned are redeemable at any time.
*Step 5: Redeem your rewards*
Users can redeem their earned tokens at any time ¹.
Remember, the launchpool provides a platform for farming tokens, growth, and exposure for qualified projects, and allows users to earn new tokens while safekeeping their existing assets ¹.