IEOs must be mentioned as one of the most important investment trends in 2019, and Binance is one of its forerunners. BTAGuru will give you more information about Binance Launchpad in this article.

You will also receive complete instructions on how to purchase and the prerequisites for taking part in IEOs on the Binance market.

What is Binance Launchpad?

“Token launchpad for Blockchain projects” is how Binance Launchpad is referred to. Simply put, “To the Moon” projects will use the Binance exchange as a stepping stone.

Startups no longer need to worry about anything because of Binance’s “weighing” system. The remaining initiatives are all development-related.

They will offer their expertise, contacts, and financial resources via IEO fundraising. The platform enables projects to access the large ecosystem of the top electronic market in the world.

The beginning of a startup Launchpad

New initiatives in any sector are prone to vulnerability and lack focus, resources, and the right drive.

Even if the concept you’re trying to implement is excellent, it won’t succeed without strong backing.

A new project can get the resources it needs from Binance Launchpad. It gives the project a chance to pitch its concept to the 10 million users of Binance and possible investors.

Why Buy IEOs on Binance Launchpad?

According to Binance, there is a strict vetting procedure for Launchpad listings. Some of the aspects of a project that Binance thinks are most crucial include:

• Relative maturity in the development of the project
• Ready for large-scale adoption
• A strong and dedicated team
• The potential for the growth and development of the broader crypto ecosystem.

These reviews will give 10 million consumers detailed information about a project and aid them in deciding whether or not they wish to invest in it.

He Yi, co-founder and chief marketing officer of Binance, discussed the issue on Weibo.

In an interview with blockchain BlockBeats, Binance CEO Changpeng Zhao (CZ) also said that the rise and fall of the token’s price are determined by the independent behavior of the market and will never be manipulated by Binance.

That’s why Binance Launchpad attracts so many investors.

IEOs on Binance Launchpad

So far, 30 projects have successfully launched on Binance Launchpad. You can find out about the projects below

• BitTorrent (BTT)
• Fetch.AI (FETs)
• Celer (CELR)
• MATIC NETWORK (MATIC)
• HARMONY (ONE)
• Elrond (ERD)
• WINk (WIN)
• Perlin (PERL)
• BAND Protocol (BAND)
• SCHEME (PLAN)
• TROY (TROY)
• WazirX (WRX)
• Cartesi (CTSI)
• The Sandbox (SAND)
• Alpha Finance Lab (ALPHA)
• Injective Protocol (INJ)
• Axie Infinity (AXS)
• SafePal (SFP)
• AC Milan Fan Token (ACM)
• Dego Finance (DEGO)
• Linear (LINA)
• Tokocrypto (TKO)
• Barcelona Fan Token (BAR)
• Coin98 (C98)
• Beta Finance (BETA)
• Lazio Fan Token (LAZIO)
• FC Porto Fan Token (PORTO)
• Voxies (VOXEL)
• League of Kingdoms (LOKA)
• Alpine F1® Team Fan Token – ALPINE
• STEPN – GMT
• Hooked Protocol – HOOK
• Space ID – ID
• Open Campus – EDU

Some initiatives give less desirable pricing and ventures that generate enormous profits.

But up to now, I’ve updated the article, and most of them have been discounted over time. Therefore, avoid using the HOLD to DIE approach when you participate.

There is a significant discrepancy in the ROI of various initiatives. There are many projects with low ROI, such as PERL (4x) or TROY (7x), which results in unpredictable performance, yet there are also many projects with high ROI, such as AXS (1,543x) or MATIC (1,003x).

Read the instructions carefully and evaluate the project before investing

Naturally, you should conduct a thorough investigation of any project before investing.

Binance Launchpad takes the most important, comprehensive data from each project and places it under the Requirements page to ensure it is easily accessible.

Binance has also established a research center where they do in-depth evaluations of each highlighted project.

BTA advises reading the whole report on each project before investing. There will be a lot of enjoyable things in there.

You must also confirm that you have complied with all project criteria.

Our Personal Review of IEOs on Launchpad

I have taken part in initiatives on Binance Launchpad as a Bitcoin investor.

It must be acknowledged that purchasing it was first challenging, but with the new technique, anyone with BNB can purchase it.

high financial success. I believe in Binance Coin and the IEOs on it because I’ve had some success with them.

I’m getting weekly, monthly, and growing returns on my investments.

My approach to investing is to simply look for lows in the price of Binance Coin, assess its growth potential, and then invest in becoming an actual holder.

Once you hold a BNB, you have the freedom to impose that BNB as a requirement on yourself to take part in the IEO. The resulting interest led to BNB purchasing once again. Increasing the quantity of BNB.

Eligibility to buy IEOs on Binance Launchpad

To participate in the IEO, of course, you must comply with Binance’s conditions, which are:

• Have a KYC Binance account
• The account must hold BNB in full by the specified date.

If you can register for a Binance account at: https://blogtienao.com/go/binance.

How to Sign Up for a Binance Account

Depending on how much BNB you own, you may be able to buy more or less.

How to buy IEOs on Binance Launchpad

Step 1: Access Launchpad

To access the Launchpad section, you can access the following link:https://launchpad.binance.com/. If you use the Binance app on your phone, please visit the Launchpad section of the homepage!

Step 2: Select the IEO you want to buy

Here I choose to buy Tokocryopto (TKO). You just need to click to bring out the progress to register to buy.

Step 3: Hold BNB and wait for the registration date

Usually, the exchange will require you to hold BNB for 7 days. Your BNB reserves will be automatically snapped up in spot and margin wallets,… Details on how to calculate the reserve amount can be found here.

Some Launchpad projects may capture balances before making an announcement. So if you don’t want to miss out, your account must always hold BNB.

Step 4: Commit BNB

When it’s time to sign up, you’ll use BNB in your spot wallet to Commit. The maximum amount you can commit equals the amount of BNB that has been snapshot.

Click the BNB Commit button to proceed with the pledge.

Enter the amount of BNB you want to Commit and hit the Commit Now button. How much BNB you can commit to buying is up to each person to decide.

But the more you commit BNB, the more IEOs you can buy. However, there will be a limit depending on the project.

Confirm the BNB Commitment by clicking the Commit Now button again.

Step 5: Final token allocation

After the registration period expires, the calculation time will come. Binance will calculate the number of tokens you can buy using the formula: (The amount of your committed BNB / Total amount of BNB pledged) * The number of tokens sold.

The tokens will be deducted from the BNB you have committed.

Countries that cannot participate in IEOs on Binance Launchpad

Afghanistan, Burundi, Belarus, Central African Republic, Congo, China, Ethiopia, Guinea, Guinea-Bissau, Iraq, Iran, North Korea, Lebanon, Sri Lanka, Libya, Serbia, Sudan, Somalia, South Sudan, Syrian Arab Republic, Thailand, Tunisia, Trinidad, Tobago, Ukraine, Uganda, Venezuela, Yemen, Zimbabwe and some states in the United States (New York, Georgia, Connecticut, New Mexico, Hawaii,  Washington).

Risks of participating in IEOs

Investing always comes with risks, IEOs are no exception so when you invest in this lucrative market.

You may experience some of the following risks:

• Price risk
• Exchange risks
• Risk of the price of floor tokens used to buy IEOs
• Risks of bad IEOs,…

BINANCE LAUNCHPAD VIDEO TUTORIAL, TOKEN BETA SPECIFICS

Final verdicts

BTA Guru hopes you find the information you want through the above article. After all, we just want to remind you of one thing.

Whatever the case, before investing, you must learn carefully about the project. Choose reputable brokers to minimize risks significantly and do not follow the movement.

If you are interested in this trend. Be sure to follow our Social channels and the latest updates on BTAGuru

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