Binance Launchpad is no doubt one way a lot of crypto traders has been making a lot of money secretively. It’s an opportunity that comes up each time there is about to be a new token launch on binance. Giving users the opportunity to buy the token before it is officially launched. Also, users get to hold the token before a trade opportunity is opened against other pairs. Before I go on, I’m going to explain to you in this article how you can make money with binance launchpad, launch pool. As well as how to get into it. And the variable opportunity available.
Note: This is not financial advice. Make your due diligence.
WHAT IS BINANCE LAUNCHPAD
Conversely, Binance Fan Tokens are initially offered on the Binance Launchpad. Binance fan token, however, refers to any token considered by binance to be listed on their platform. Subsequently, the Binance Launchpad is the exclusive token launch platform of Binance. Aiming to support the crypto ecosystem by offering first-look access to quality projects to all Binance users.
Following this, if you don’t have a binance account. You can’t participate. The only token needed for this Binance Launchpad is a binance coin (BnB). Nevertheless, a user wishing to participate must hold the bnb they wish to participate within their spot wallet prior to the date and time of launch.
How to Participate in Binance Launchpad
- Visit Binance and signup for an account if you don’t already have one.
- Complete your identity verification process.
- Go to Launchpad on your binance app.
- Choose the fan token Launch pad you want to participate in if there are more than one.
- Calculate your participation limit. This is determined by your average BNB balance over a set period of days. However, You do not need to do anything additional with your BNB during this period.
- Commit BNB. Once your participation limit is determined, you will be able to commit and lock any amount of BNB up to your participation limit to receive Binance Fan Tokens.
- Calculation. Once the BNB commitment period is over, Binance will calculate each user’s token allocation for around 1 hour.
- Finally, BNB is deducted for Binance Fan Tokens. Once each user’s final allocation is determined, a portion of your locked BNB will be deducted in exchange for tokens. Both your BNB and Binance Fan Tokens will be automatically transferred to your Spot Wallet.
Here is where you make money from the entire process. For binance to enable trade then you can trade your token and make massive profits.
Finally, here are some pictures of the recently Launched token with great profit margins I’ve observed.
Note: The first candle open position is the price it was sold at during the Launchpad. While the closing of that same candle and or the second is the profit margin. Crazy right!
CURRENT PROJECT ON BINANCE LAUNCHPAD
STEPN – A Move-to-Earn Health and Fitness Application
Tokens Offered: 420,000,000.0000 GMT
Sale Price: 1 GMT = 0.01000000 USD
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