Binance Launchpool

I'm sure you've already heard of Binance Launchpool. This is the farmers' space on Binance. The place where we will use (and deposit) our tokens to cultivate/farm/earn new tokens, for free.

The more tokens you deposit into the pool, the more tokens you earn. It is therefore proportional to your starting capital.

In general, but it depends on the pool, you can earn the token during a predefined period, which is often 30 days.

What is also very interesting is that often, from the 7th day of farming, the token is listed and you can then exchange the tokens you have just won.

You earn tokens every hour and you can collect your earned tokens at any time, without interruption.

How to farm new tokens on Binance LaunchPool

You must first go to the Launchpool tab.
Choose the pool you want to collect tokens from.
Enter the number of tokens you want to deposit.
Click “Stake” and confirm.
Congratulations! Yes, it's that simple.

There you go, now you are officially a farmer on Binance Launchpool and all you have to do is harvest the new tokens you grow!

Of course, now you also have to choose the right tokens, which is not easy, we grant you that ;).

If you have additional questions, here is the FAQ 😉

Binance Launchpool FAQ

Can everyone participate in Binance Launchpool?

Oh yeah! All people who register on Binance can of course embark on the adventure and earn new tokens on Binance Launchpool.

How much does it take to earn on Binance Launchpool? Are there any limits?

So, to earn new tokens, you will still need to have capital. The good news is that you can participate with small amounts. For example, you can start farming new tokens with 0,1 u supported token. For example, 0,1 BNB to take a most common example. Also know that there are no limits. You can deposit as many tokens as you want (that you have).

How much can I earn with Launchpool?

The annual yield (APY) is displayed for each pool once listing is opened for the new token. Basically, once the token is available in the exchange, then the rate of return will be visible on the pool. APYs are variable and depend on several factors. It can go from 8% to 180%.

How many pools are there on Binance Launchpool?

So, it depends on the seasons to put it like that. The pools also depend on new projects that are launched. In any case, there is always enough, rest assured. You can also check back regularly to see what new pools are available. Binance also notifies you of future launches to prepare you.

Is Binance LaunchPool like Binance Launchpad?

It may be similar in pronunciation but it is different. The Launchpool is a space to cultivate new tokens from existing tokens. to help you securely mine new coins from existing assets. For Launchpad, it is a place where we present new tokens and where we can buy them directly, without having to farm them or deposit tokens. E

How long does it take for me to receive my new tokens?

Are you impatient? That's good! Every hour, your rewards are calculated and you can collect them at any time, without any amount restrictions.

When can I exchange the tokens I just received?

There, to exchange them, you must wait until the new tokens are listed (available and listed on the exchange platform). Once the token is listed, then, that's it, you can trade them as soon as you receive them.

Is the BNB I used for Launchpool, I can withdraw it and use it for other services.

Of course. You can reuse them wherever you want.

Are the tokens I deposited in the Launchpool blocked for 30 days?

No, you can withdraw them at any time or only part of them. You can also increase your invested capital.

There you go, I hope you found all the answers to your questions 😉

If you have others, don't hesitate!

Go to Binance

You can also discover other ways to make money on Binance:

How to get massively rich with Binance (excluding trading).

Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.

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Comment

The history of the first exchanges to buy bitcoin says:

July 17, 2023 at 10:36 p.m.

[…] 2017: Binance: Created in 2017 by Chanpeng Zhao (known as CZ), Binance was originally based in Shanghai, China. Today, the platform has become number 1. It is the one with the largest volume of Bitcoin today. Likewise, Binance is constantly innovating by offering different services such as launchpool etc. […]