🛠️
#CryptoTools101 What is the Binance Launchpad and how to take advantage of it?
Can you imagine investing in a crypto project before it explodes in popularity? 💣
That's exactly what the Binance Launchpad allows you to do: access new coins before their official listing.
🔍 What is the Launchpad?
It is Binance's platform where new tokens are launched. You can participate by locking BNB for a few days in exchange for a proportional amount of the new token.
📌 How to participate?
•Go to the Binance app/web and navigate to "Launchpad".
•Check if there is an active project.
•If you're interested, you need to have BNB (the Binance token).
•During the "subscription" phase, you lock your BNB.
•Binance calculates your allocation based on your contribution.
•In the end, you receive the new tokens directly in your account.
🧠 Quick Tips
The more BNB you lock, the more tokens you receive.
Your BNB is unlocked at the end of the event.
Research the project well: not all launches are gems.
The Launchpad has high demand, but also high potential.
🚀 Participating in the Launchpad is like entering a concert through the musicians' entrance. It's not always easy, but if you prepare well, it can be very worthwhile.