Binance launchpad subscription12/20/2023 ![]() Go to the Binance Launchpad page and click. To not miss this window, be sure to subscribe to the Binance Announcements Telegram channel.ĥ. Afterward, you will have just one hour to commit your BNB. Binance will evaluate your participation limit based on your average BNB balance over a specified number of days.Ĥ. Usually, the subscription/calculation period lasts for seven days. You can commit your BNB to a specific project. Here, you’ll see projects preparing to launch or available for subscription. Go to the Binance launchpad under “Earn.”ģ.Create an account with Binance if you do not have one.Here’s how you can start using the Binance Launchpad. The final step is to convert your funds into BNB, the crypto you need to commit to a project on Binance Launchpad. Binance allows you to fund your account with a fiat currency, which you can then convert to crypto or use crypto deposits from external wallets. Fortunately, Binance offers you a variety of options to fund your account. It’s important to note that you will need to fund your account. Using the Binance Launchpad to Join a Project But you should conduct your own research before deciding on buying the token. If the project successfully meets these requirements, it gets featured on the Binance launchpad. Potential to benefit the growth and development of the wider crypto ecosystem.Relatively mature-stage project development.According to Binance, here are some of the things it looks for in a project, And the crypto exchange ensures that projects undergo a strict review process before being introduced to the Binance community. With the rate of scams in the crypto space, it is understandable if you are weary of jumping on the newest project. Being a popular platform, Binance helps these projects gain awareness and visibility, thereby increasing their chances of succeeding.īinance Verifies Each Project Before Launch So this launchpad is Binance’s way of giving its users first access to new and promising cryptocurrencies from different projects. The Binance Launchpad is heavily focused on token issuance. Users can purchase tokens with the funds in their exchange wallet during this fundraising. This feature allows projects to create a fundraising event called” Initial Exchange Offering.” This is a form of ICO carried out by the exchange instead of a project. Several projects have used the Binance launchpad to launch their initial tokens. The launchpad is another great service that shows that Binance is more than just a crypto exchange. But for this piece, we’ll focus on how to use the Binance launchpad. You can catch some of our previous articles on Binance here. And most crypto newbies are likely to adopt it. ![]() The crypto exchange has millions of users transacting on it daily. Well, being the largest crypto exchange by volume, people often ask questions about Binance. If you’ve been following our posts lately, we’ve covered a lot of Binance-related stuff. ![]()
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