How to farm free new crypto token on Binance Launchpool and Launchpad

Your Guide to Binance Launchpad and Launchpool

Binance Launchpad and Launchpool offer users diverse opportunities in the crypto space, from early access to innovative projects to earning rewards through staking.
The Binance token launch platform provides a secure environment for both projects and users interested in joining crypto crowdfunding events.
The platform’s holistic support includes initial token issuance as well as guidance from Binance’s listing and investment teams.

Sell Gift Card, Bitcoin & USDT

Convert Giftcard to Bitcoin

Sell all giftcard to Naira

Sell USDT & BTC to Naira

Binance Launchpad and Binance Launchpool are both part of Binance’s token launch platform. These platforms are designed to foster innovation by providing support to aspiring and existing blockchain projects.
Binance is constantly looking for strong crypto teams with a unique and innovative vision. Its token launch platform offers a full range of offerings, from advisory services during token issuance and launch to post-listing and post-launch marketing.
In this guide, we will cover what Binance Launchpad and Launchpool are, their differences, potential benefits, and how you can get involved as a user or project team.
Binance Launchpad: Pioneering Crypto Crowdfunding
Before Binance Launchpad, it was common for blockchain projects to raise funds and launch their tokens via independent crowdfunding events, known as Initial Coin Offerings (ICOs). However, this old school crowdfunding approach was often marked with technical failures, fraud, and a serious lack of user protection.
In 2019, Binance Launchpad was created, pioneering the concept of Initial Exchange Offering (IEO). The introduction of IEOs on Binance Launchpad caused an important paradigm shift in the crypto crowdfunding space, benefiting both blockchain projects and their supporters. Since then, projects have been able to raise funds, and users can support these projects in a safer and more convenient way.

The Differences Between Binance Launchpad and Binance Launchpool

Binance Launchpad and Binance Launchpool have similar goals and are part of the same Binance token launch platform. However, there are important differences between the two.
Binance Launchpad was created in 2019 to introduce a new method for crypto crowdfunding. Binance Launchpool was introduced in 2020, allowing users to stake their assets to get new assets in return

What Is Binance Launchpad?

As we’ve learned, Binance Launchpad is the pioneering platform for Initial Exchange Offerings (IEOs). It has revolutionized crypto crowdfunding by providing a secure and efficient means for transformative blockchain projects to raise capital.
Binance Launchpad prioritizes user and project protection, offering top-notch security during token sales and eliminating the need for projects to create their fundraising platforms, reducing susceptibility to attacks. It facilitates growth for deserving projects by providing exposure to millions of global users, ensuring world-class liquidity and multiple trading pairs post-launch.
In addition, the platform’s holistic support includes initial token issuance as well as guidance from Binance’s listing and investment teams, which carefully evaluate Launchpad applications. With Launchpad, crypto projects benefit from token launches within a trusted platform, leveraging Binance’s status as the world’s leading exchange to access a vast community of crypto holders and investors.
Binance Launchpad benefits
Early access to innovative projects
Safe token launch environment
Global exposure
Fair token distribution
World-class market liquidity
Professional guidance and support

How to Access Binance Launchpad and Launchpool

1. Log in to your Binance account and find [Launchpad & Launchpool] at the top menu.
2. Next, you will see Binance’s Token Launch Platform page. The first section will show upcoming or active token sales (if any).
3. If you scroll down further, you will see the Launchpad section.
4. You can click [View More] to see all previously launched projects and their respective data. This will take you to a separate landing page. 
You can switch from one section to another using the navigation buttons at the top.

How to Use Binance Launchpad

Binance Launchpad uses a subscription format. This means users have to commit a certain amount of BNB to the crowdfunding event (token sale). To join a Binance Launchpad token sale as an early supporter of the project, you have to hold some BNB in your Binance wallet and subscribe to the token sale during the subscription period.

How to Use Binance Launchpool

Binance Launchpool uses a staking format, allowing users to acquire new token rewards by staking their existing cryptocurrency holdings. The stakes are usually done in BNB or a stablecoin like TUSD or FDUSD.
To participate, head to the Binance Launchpool page and find a project you want to support that is currently open for farming.
In this example, there are two farming pools, one for FDUSD and one for BNB. If you have both tokens, you can allocate your funds into different pools by clicking [Custom Allocation].

The total rewards, farming period, supported tokens, and APY estimate will vary from project to project. After staking your assets, you will start earning the project tokens. When the farming period is over, your staked assets and all earned rewards will be sent automatically to your Binance Spot account.

Closing Thoughts
Binance Launchpad and Launchpool are powerful tools for crypto enthusiasts, offering access to new projects, exclusive token launches, and opportunities to earn staking rewards. As Binance continues to innovate, users can navigate the crypto landscape confidently, leveraging these token launch platforms for growth and engagement.

Leave a Reply

Discover more from

Subscribe now to keep reading and get access to the full archive.

Continue reading