Hello everyone, and welcome to another Binance tutorial! In this blog, I will tell you how to earn money on Binance Launchpad today.
Understanding Binance Launchpad
Binance Launchpad is a new cryptocurrency projects’ tokens sale platform. Token sale means they sell tokens to investors before they are actually listed on Binance exchange and usually are sold at a discounted price.
Getting Started
To buy on Binance Launchpad:
Step 1. Access Your Earn Wallet: Tap on the Launchpad section of your Earn wallet.
View Remaining Subscription Time: You see the details of the token sale, such as the remaining time for subscription.
Subscribe to Token Sale: Click “View Details” to view the remaining time to subscribe. Commit BNB from your sports wallet to participate. Note: You can only commit the BNB that is on your sports wallet.
Commit BNB: Click “Commit BNB” and lock in your BNB as prompted. Your BNB will be locked until the token allotment process is over.
Receive Tokens: Once you are locked in the token allocation of your BNB, you are going to receive the tokens allocated to you. The number of tokens you’re going to receive is pegged by the BNB amount you locked.
Convert Tokens: If you want to convert your tokens into BNB, navigate to your spot wallet and you will find that there is a ‘convert small balances to BNB’ at the bottom.
Profit: Just when the trading begins, you can sell your tokens or exchange them into BNB. The more BNB you hold, the greater the tokens assigned to you in token sales.
