#BinanceLaunchpoolWCT
Binance Launchpool is a simple and low-risk way to earn free cryptocurrency by staking your existing tokens. If you're a Binance user looking to earn passive income without actively trading, the Launchpool is a great option to consider.
What is Binance Launchpool?
Binance Launchpool allows users to stake their crypto assets like BNB, FDUSD, or TUSD to farm new tokens for free. When a new project is listed on Binance, it’s often introduced via the Launchpool to increase exposure. Users who participate can earn a portion of the new tokens over a set period, usually 30 days.
Step-by-Step Guide to Earning from Launchpool
1. Create and Verify Your Binance Account
If you don’t already have a Binance account, sign up at www.binance.com and complete KYC (identity verification). This is necessary to access Launchpool features.
2. Buy or Deposit Eligible Tokens
Each Launchpool project requires specific tokens to stake—usually BNB, FDUSD, or TUSD. You can buy these directly on Binance or deposit from another wallet.
3. Go to Binance Launchpool Page
Navigate to the Launchpool section on the Binance app or website:
Tap on “More” in the app homepage
Under “Earn”, select “Launchpool”
You’ll see active projects along with their token rewards, APY (Annual Percentage Yield), and staking options.
4. Stake Your Tokens
Choose the pool (e.g., stake BNB or FDUSD) and enter the amount you want to stake. Once staked, you’ll start earning the new token every hour.
5. Harvest and Redeem Tokens
You can “Harvest” (claim) your earned tokens anytime and “Redeem” (unstake) your original tokens whenever you want. Some projects may have a lock period, so check before staking.
Tips to Maximize Your Earnings
Stake Early: The earlier you stake, the more rewards you earn since the reward pool is distributed hourly.
Use Idle Funds: Instead of letting your BNB or FDUSD sit idle, use them to earn Launchpool rewards.
Stay Updated: New Launchpool projects appear often, so keep an eye on the announcements in the Binance app.
