CoinmarketCap

Binance Launchpad & Binance Launchpool? What's the difference?


Join Daily Airdrop

YouTube video


Here is a quick explainer: Binance Launchpad is an initial exchange offering (IEO) platform. Through Launchpad, you can earn rewards (in the form of tokens) by fundraising new and exciting projects, all of which are hand-chosen and vetted by Binance. The number of tokens you can earn depends on how much crypto was committed overall, and your rewards will be capped.

Binance Launchpool, on the other hand, is essentially an exchange-based liquidity farming service. Through Launchpool, you can earn passive revenue by staking your crypto in exchange for tokens from new crypto projects. When the staking period is over, you get your initial investment back along with any reward tokens.

In many ways, Launchpad and Launchpool are similar. Both services are provided by Binance and drive support and awareness for promising crypto startups. Both offer early access to quick and easy revenue-yielding services to Binance account holders. And both support the projects they help launch through media and marketing advice, as well as fundraising assistance.

But they are of course different in many ways as well. Launchpad involves investing in projects before they launch, which somehow mimics a traditional stock IPO. Meanwhile, Launchpool requires you to stake tokens to earn new ones, which comparatively is a more passive way to grow your crypto portfolio.

On today’s CoinMarketCap’s Episode, we dive deeper:


Join Daily Airdrop

02:06 – What Is Binance Launchpad?
02:42 – How Does Launchpad Work?
04:55 – Why Do Crypto Startups Want to Work With Launchpad?
05:47 – Are Launchpad Projects Successful?
07:12 – What Does Binance Look for in Launchpad Projects?
07:46 – How to Use Binance Launchpad as an Investor
08:18 – What Is Binance Launchpool?
09:19 – How Do Launchpool Rewards Work?
09:57 – How Can You Use Launchpool?
10:34 – Why Do Crypto Projects Want to Work With Launchpool?

🔔 From crypto news, to market moves, and to educational how to videos. If you want something more than just hype and to actually learn about crypto, make sure to hit the subscribe button right now and turn on notifications to not miss out on new videos!

🔵 https://CoinMarketCap.com/ is the world’s most-referenced price-tracking website for cryptoassets in the rapidly growing cryptocurrency space. Its mission is to make crypto accessible all around the world through data and content.

📲 Download our app!
IOS : https://apple.co/3dOkokH
Android : https://bit.ly/3gHyJkS

🤝 Join CoinMarketCap!
https://bit.ly/3dVaEoS

Follow CoinMarketCap on social!
https://twitter.com/CoinMarketCap
https://www.facebook.com/CoinMarketCap
https://www.instagram.com/CoinMarketCap
https://reddit.com/r/CoinMarketCap
https://t.me/CoinMarketCap

📩 Subscribe to our Newsletter!
https://coinmarketcap.com/newsletter/

source

Related Articles

3 Comments

  1. <Always good to hear your logical analysis. We will still get our pumps and dumps but based purely on what the Fed are doing. Trade a small percentage of your portfolio rather than going in and out every couple weeks trying to time the market trading went smooth for me as I was able to raise over 7 BTC in just few weeks implementing Alice vanesha save daily trading signals and tips.

  2. Há quase 5 meses a Binance não faz mais Launchpad. Acabou? Se não vão fazer mais porque ainda está lá?

  3. Its been 3 months now since a new coin launched in Binance Launchpad. Hope there will be one soon…

Back to top button