Binance Launchpool - What is it?
Hi. I haven't logged in to Binance for a year. Now I went in and I see a new product called Binance Launchpool. Could someone explain to me what the platform is?
Hi. I haven't logged in to Binance for a year. Now I went in and I see a new product called Binance Launchpool. Could someone explain to me what the platform is?
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Launchpool is a new product offered by Binance, like an incubator for new tokens. Launchpool allows users to deposit their BNB, BUSD, USDT, BTC, etc. to earn new tokens as a reward. Participants receive prizes daily.
There is no upper limit to the amount of crypto betting, however, the minimum sum is around 0.1 of each token. You can also withdraw or add additional amounts at any time. A new token can be farmed for a total of 30 days.
The first seven of these days pass before the token is listed on Binance.com, at which point you can redeem any tokens you've earned immediately.
In the Binance Launchpool tab on the homepage, you can see a list of upcoming projects or projects that are already in the farming stage.
Launchpool is a new product offered by Binance, like an incubator for new tokens. Launchpool allows users to deposit their BNB, BUSD, USDT, BTC, etc. to earn new tokens as a reward. Participants receive prizes daily.
There is no upper limit to the amount of crypto betting, however, the minimum sum is around 0.1 of each token. You can also withdraw or add additional amounts at any time. A new token can be farmed for a total of 30 days.
The first seven of these days pass before the token is listed on Binance.com, at which point you can redeem any tokens you've earned immediately.
In the Binance Launchpool tab on the homepage, you can see a list of upcoming projects or projects that are already in the farming stage.
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