What is Binance Launchpad? General guidance on how to use Binance Launchpad March 20, 2021

 225 total views


2021-03-22 11:00:34

From the successful BitTorrent project of a staggering $ 7.12 million in less than 15 minutes to the Fetch.AI project, which sold out $ 6 million in 10 seconds, shows that over time, Binance Launchpad has created a lot of opportunities for investors from this type of IEO.

So how can I use Binance Launchpad to buy tokens? Let’s solve this problem with CHK.

Why buy tokens from Binance Launchpad projects?

Binance is an exchange with the largest volume in the world and has more than 10 million users.When it comes to Binance Launchpad, the project will surely be noticed by the community, the number of participants is large, making the scarcity. That token increase, marketing backed by Binance is also not easy.

Furthermore, shortly after the token sale ends, the Binance exchange will list the token on their platform for trading, which is what many ICO projects want. For example: BitTorrent project, shortly after being listed by Binance, the price of BTT soared to more than 80% with a transaction volume of hundreds of millions of dollars. FOMO’s psychology will affect quite a lot Binance Launchpad project.

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

Step 1 shows how to invest in buying tokens Binance Launchpad

Register / Sign in an account on the Binance floor

Binance Launchpad It is a dependent platform of the Binance exchange, so to participate in buying tokens on Binance Launchpad you need to register an account on Binance, if you already have a Binance account, you can skip this step and proceed to login. into Binance.

*Note: For those who do not have an account, after registering you need to verify your account (KYC) to buy tokens on Binance Launchpad!

In the top left corner (the box next to the word EXCHANGE), click Launchpad.

Step 2 instructions on how to invest and buy tokens above Binance Launchpad

Select tokens to buy

In this interface, shows all projects that sell IEO. You choose the token to buy.

*Note: The opening-selling mechanism of Binance Launchpad is “come first, buy first”. Therefore, you need to buy on time and buy quickly, projects on Binance Launchpad usually sell out in seconds.

  • The figure above shows its full details:
  • Price
  • Token sale opening date and time
  • Total amount of tokens for sale
  • Countdown time to open time

Here, you can see the projects that have been closed (Seccess) and about to be sold (Upcoming). For example with the BitTorrent project, you see BitTorrent will have two options to buy with TRON (TRX) and Binance coin (BNB), each of which will accept to buy with a certain coin but usually will be BNB coin, before that. You need to see which coin the project accepts to buy and buy that coin available on Binance and then wait for the sale to buy. here CHK will choose to buy with BNB.

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

When the project is open for sale, you click on the yellow “Buy now” button to start buying tokens.

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

Enter the amount of BTT you want to buy, you see the price 1BTT = 0.00001824 BNB (with BNB price at that time is 6.58000 USD) and allowed to buy a maximum (Max) of 166.66.666 BTT → enter capcha below and select “Confirm“. (If the capcha does not display clearly, please click on the photo to try again)

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

You wait for Binance Launchpad to process your order,

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

If your purchase order is successful, there will be a message as shown below

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

You can review the purchase order created “My Orders

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

Here you will see the purchase orders that you have previously placed

Instructions on how to invest in buying tokens from ICO projects on Binance Launchpad

So you have successfully purchased BTT tokens on Binance Launchpad, tokens will be returned to your Binance wallet 15 days after the project ends. You should keep an eye on Binance’s social media channels and blogs to wait for the listing announcement and start trading your tokens as well as keep up with the latest projects that will be on sale on Binance Launchpad.

CHK hope that this article is useful for you. Thank you for always interested in and supporting the articles of CHK. Don’t forget to leave a comment if you have any questions or reviews for the article. Good luck!

#Binance #Launchpad #General #guidance #Binance #Launchpad #March

Related Posts

Leave a Reply

Your email address will not be published.

Close Bitnami banner
Bitnami