Are you learning about what Binance Launchpool is and want to know how to join Binance Launchpool?

In this article, I will guide you in detail on how to join Binance Launchpool from A-Z to help you understand how it works and join Binance Launchpool in the easiest way.

Let's explore together!

What is Binance Launchpool?

Binance Launchpool is a platform where you can stake your tokens to earn new tokens for free. It is a safe and easy way to gain access to new crypto projects listed on Binance without having to buy them directly. By staking coins like BNB, FDUSD, or TUSD, you will receive new tokens from that project during the Launchpool event period.

Launchpool Highlights:

  • Easy to participate: You just need to own BNB, FDUSD, or other tokens in your account and stake them into Launchpool.

  • Free Tokens: No need to buy, you can still own new tokens.

  • Low Risk: You keep your staked tokens (BNB, FDUSD), and only receive additional rewards.

How to Participate in Binance Launchpool

To participate in Binance Launchpool, you only need a few simple steps. Here are the detailed instructions:

Step 1: Register or Login to Binance

First, you need to have a Binance account. If you don't have one yet, you can register for a Binance account here

After registering, remember to enable 2-factor authentication (2FA) to ensure account security.

See detailed instructions for using Binance

Step 2: Check BNB, FDUSD, or TUSD Balance

To participate in Launchpool, you need to own BNB or FDUSD. If you don't have it, you can buy it directly on Binance by:

  1. Buy FDUSD or BNB via Binance P2P (see guide)

  2. Trade other coins like BTC, ETH to FDUSD or BNB (see instructions)

Step 3: Access Binance Launchpool

  • Go to Binance interface on web or app, select More -> Launchpool

Binance Launchpool Interface

  • Here, you will see a list of new projects that you can participate in. Each project will have specific information such as: new token type, staking time, and the coins you can stake (BNB, FDUSD...).

List of Binance LAunchpool projects

Step 4: Stake Tokens

  • Select the project you want to join.

  • Select the token you want to stake (e.g. BNB, FDUSD).

  • Enter the amount of tokens you want to stake, then click Stake.

Note: You can unstake (withdraw tokens) at any time without any fees.

Step 5: Track Rewards

After staking, you can check your rewards in My Account > Earn > Launchpool. New token rewards will be calculated hourly, and you can withdraw them at any time after the event ends.

Step 6: Get New Tokens

Once the Launchpool event ends, you can receive all the tokens you staked and the new token rewards. If the token is listed on Binance, you can convert or trade it directly.

Specific Examples

Let's say Binance just launched the ABC Token project on Launchpool. To participate, you need to:

  1. Stake BNB or FDUSD into ABC pool.

  2. Then you will receive ABC Tokens according to the hourly reward rate.

If you stake 100 BNB for 30 days and the total BNB staked in the pool is 1 million, you will receive a percentage of ABC Tokens corresponding to your staking ratio.

Conclusion

Binance Launchpool is a great way to earn new tokens without investing a lot of capital.

Participation is simple and you are free to stake or unstake at any time. If you want to gain exposure to potential crypto projects and increase your profits, try joining Launchpool today!

Register for a Binance account to join Launchpool

Good luck and earn valuable tokens from Launchpool!

Hieu - Sharing simple and easy-to-understand crypto experiences for everyone