The hottest news in the cryptocurrency circle recently is the launch of the new project Initia (INIT) on Binance Launchpool! This is a great opportunity to make money, and today I will teach you how to do it step by step.
Initia is a decentralized AI infrastructure project that aims to optimize AI model training through blockchain technology. 50% of the token distribution mechanism is used for community incentives, which has great potential and is likely to become the next star project that skyrocketed.
Tutorial on hair pulling:
1. Prepare to stake tokens: To participate in Initia mining, you need to stake BNB, FDUSD, and USDC. If you already have these tokens in your wallet, just transfer them to your Binance account; if not, you can buy them on Binance. For example, to buy BNB, go to the coin-to-coin trading page of Binance, search for BNB, and select the appropriate trading pair (such as BNB/USDT) to purchase.
2. Enter Launchpool: After logging into your Binance account, find “Trade” in the top navigation bar of the official website, hover your mouse over it, click “Launchpad & Launchpool” in the drop-down menu, and then select “Launchpool”. If you are using the app, open the Binance app and find the “Launchpad & Launchpool” entrance on the homepage or “More” function page.
3. Select Initia project mining: Find the Initia (INIT) project on the Launchpool page and click "Participate". There are three staking pools: BNB, FDUSD and USDC. Select the corresponding pool according to the tokens you hold. For example, if you have BNB, choose the BNB pool. After clicking into the pool, enter the amount you want to stake, and then click "Confirm Stake".
4. Receive rewards: Mining will begin after staking, and rewards will be automatically distributed to your Binance spot account every hour. You can check the number of rewards you have received at any time on the Launchpool project page. When mining is over or you want to withdraw cash, click "Receive" to transfer the rewards to your spot account.
Risk Warning
Although the returns from coin flipping are attractive, the risks in the cryptocurrency world are not small. The market fluctuates greatly and the price of tokens may fall. In addition, there are uncertainties in the project itself. Therefore, do not invest too much money, use your spare money to participate, and stay rational to be happy with coin flipping.
Hurry up and seize this Initia opportunity. You may be the next cryptocurrency tycoon! Remember to follow me. There will be more tutorials on Binance’s cryptocurrency projects to share later. #币安LaunchpoolINIT