Binance launches new currency staking Toncoin ($TON)

Last night, the well-known exchange Binance announced that Launchpool will launch the 56th new currency pledge project Toncoin ($TON). The event will start at 8:00 am on August 15, 2024, Taiwan time. This event will last for 20 days.

 幣安公告Image source: X Binance Announcement

  

What is Toncoin ($TON)? What are the applications? The prospects of tokens have been introduced in detail in "Crypto City" before, so I won't go into details here. Interested citizens can refer to the following reports.​

What is the TON blockchain? Detailed explanation of TON ecological origins, applications, hot projects and future development

How to participate in Launchpool new currency staking?

This Launchpool provides two types of token mining: $BNB and $FDUSD. Users only need to put the corresponding tokens into the pledge pool to obtain a certain number of $TON tokens after 20 days.​

The total reward of $TON tokens in this Launchpool is 7,650,000, which is worth nearly US$50 million based on the current price of US$6.67. It is considered by many to be the Launchpool with the most generous rewards in history. Launchpool requires real-name authentication (KYC) to participate. The information of the two pledge pools is as follows:

  • Staking $BNB: total reward 6,502,500 $TON

  • Staking $FDUSD: total reward 1,147,500 $TON

At present, the staking page is not online yet. The following is an introduction based on the operation method of new currency mining in the past.​

First, the user is ready to invest the amount of $BNB and $FDUSD. Users of the computer version can directly click this link to go to the Binance Launchpool page and wait. Users of the mobile version can find "Launchpad" from the Binance App service and see Go to the pledge interface.​

After seeing the project, 2 types of prize pools and the "Pledge" button will be directly displayed. After the page is online, you only need to select the corresponding pool and click to pledge. The operation is very simple.​

TON Super Earn

In addition to Launchpool, Binance also provides the "TON Super Earn" option this time. As long as users put their $TON into the Simple Earn lock product, they can receive corresponding rewards based on APR in the same 20 days (currently announced event The APR is 20%, the number is based on actual online sales).​

[Disclaimer] There are risks in the market, so investment needs to be cautious. This article does not constitute investment advice, and users should consider whether any opinions, views or conclusions contained in this article are appropriate for their particular circumstances. Invest accordingly and do so at your own risk.​