What is the Binance Launchpool?
The Launchpool is a way for you to earn new cryptocurrencies just by leaving your assets staked for a period.
In practice:
You 'lend' your cryptos (like BNB or FDUSD) to a new project, and in return, you receive tokens for free from this new currency.
Example:
If project 'X' is being launched, you put BNB in the Launchpool and, after a few days, start receiving tokens 'X' proportionally.
Advantages:
You don't need to buy the new currency. You can withdraw your funds at any time. You participate in the start of promising projects.
Attention:
Not every project is successful. Study beforehand and understand the risks involved.
Access through the app:
Tap on Earn > Launchpool and see the active options.
Curious? Follow me for more tips and practical tutorials on how to take advantage of opportunities like this!
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