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Author Topic: New Binance IEO participation guide - How to join the Binance Launchpad?  (Read 119 times)
Nuxxorcoin (OP)
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June 10, 2019, 12:27:03 AM
 #1

Hello there

I'm here with a new visual guide. I'm trying to help people to grasp as easily as possible while doing this. Let's move on without mentioning the word. First of all, I need to mention that this type of investment involves a significant degree of risk !! Join the IEOs regarding these.



Binance has introduced innovations and regulations on the IEO (Initial Exchange Offering, a new generation fund management method managed on a crypto exchange with a token project), which was launched a few months ago by the Binance Exchange and everyone complains about problems. Now let's look at these innovations;

Binance introduced the "Lottery" system to overcome the chaos experienced by those wishing to join the IEO. It is also necessary to comply with certain conditions for participation


1- 50 BNB must be accounted at 8 days snapshot time (23:59:59 UTC), (This means that you must have a full 50 BNB account at this time (from 23:59:59 UTC- 03:00 at night). Then you can buy and sell during the day, but they will check at these times for 8 days.)
2- 1 ticket up to 100BNB, one ticket for each 100BNB above it and a maximum of 5 tickets over 500BNB..
3- 30% chance of tokento each ticket.
4- Each winning ticket will be given a $ 300 token. (max $ 1500 investment is possible)



After specifying the prerequisites for participation,  How to Use Binance Launchpad Let's move on ..

- You must first log in to your Binance account . If you don't have a Binance account, you need to create one to access Launchpad.

- After logging in to your Binance account, you should select Binance Launchpad from the drop-down options to the left of the top menu.




- In the new screen that opens, you will reach the Binance Launchpad page and you will be greeted by a dashboard with all IEO projects. There is also clear information about the status of the IEOs that you will be able to get information about the status of the projects, or whether the new IEO will be entered



- You can follow the instructions on which Coin IEO you want to join by clicking on it. For example, the picture below shows all the information about the Harmony IEO and how it is involved, how many tickets hit and how much sales are made.




- If the IEO of Coin in ACTIVE SALES is available for purchase, clicking on BUY will take you to the page, a form that specifies the conditions for joining the Launchpad. By performing a 4-step verification and KYC process on this page, you also fulfill all the requirements to participate in the launchpad.



In this page you need to do the necessary KYC transactions, but if you have done KYC during the Binance registration, you do not need to do KYC again.

After fulfilling all the necessary requirements and completing the approval process successfully, there is not much left. Just keep a certain number of BNB amounts in your account for certain periods of time. Then it's time to earn.



If you think there is an error or if you have chapters you want to add, please let me know immediately..


This article is written for informational purposes only and is NOT an INVESTMENT ADVICE.



Shova
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June 10, 2019, 01:14:13 AM
 #2

Thanks for the detailed info. So we need to hold at least 80 BNB to participate and the tokens of payment should also be BNB? Does the 80 BNB counts as the usable token or is it to be staked till the process. Do we need a multiple of 100BNB to buy or that's just for an extra ticket?
bgaf
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June 10, 2019, 03:15:40 AM
 #3

Hi there thanks for sharing. Im sure many people will see it and leearn on how to participate on one og the biggest exchange launching an IEO. Actually, this is more systematic than the first method theyve used cause lots of people are unable to purchase the tokens. Unlike now, what you need is to hold off some BNB there are still chances of losing but this is way more fairer than the first right. What do you think, the only problem here is 50bnb is quite expensive and 300$ investment is impossible if you dont have at least 50bnb for holding.
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June 10, 2019, 03:22:09 AM
 #4

Hello there

I'm here with a new visual guide. I'm trying to help people to grasp as easily as possible while doing this. Let's move on without mentioning the word. First of all, I need to mention that this type of investment involves a significant degree of risk !! Join the IEOs regarding these.



Binance has introduced innovations and regulations on the IEO (Initial Exchange Offering, a new generation fund management method managed on a crypto exchange with a token project), which was launched a few months ago by the Binance Exchange and everyone complains about problems. Now let's look at these innovations;

Binance introduced the "Lottery" system to overcome the chaos experienced by those wishing to join the IEO. It is also necessary to comply with certain conditions for participation


1- 50 BNB must be accounted at 8 days snapshot time (23:59:59 UTC), (This means that you must have a full 50 BNB account at this time (from 23:59:59 UTC- 03:00 at night). Then you can buy and sell during the day, but they will check at these times for 8 days.)
2- 1 ticket up to 100BNB, one ticket for each 100BNB above it and a maximum of 5 tickets over 500BNB..
3- 30% chance of tokento each ticket.
4- Each winning ticket will be given a $ 300 token. (max $ 1500 investment is possible)



After specifying the prerequisites for participation,  How to Use Binance Launchpad Let's move on ..

- You must first log in to your Binance account . If you don't have a Binance account, you need to create one to access Launchpad.

- After logging in to your Binance account, you should select Binance Launchpad from the drop-down options to the left of the top menu.




- In the new screen that opens, you will reach the Binance Launchpad page and you will be greeted by a dashboard with all IEO projects. There is also clear information about the status of the IEOs that you will be able to get information about the status of the projects, or whether the new IEO will be entered



- You can follow the instructions on which Coin IEO you want to join by clicking on it. For example, the picture below shows all the information about the Harmony IEO and how it is involved, how many tickets hit and how much sales are made.




- If the IEO of Coin in ACTIVE SALES is available for purchase, clicking on BUY will take you to the page, a form that specifies the conditions for joining the Launchpad. By performing a 4-step verification and KYC process on this page, you also fulfill all the requirements to participate in the launchpad.



In this page you need to do the necessary KYC transactions, but if you have done KYC during the Binance registration, you do not need to do KYC again.

After fulfilling all the necessary requirements and completing the approval process successfully, there is not much left. Just keep a certain number of BNB amounts in your account for certain periods of time. Then it's time to earn.



If you think there is an error or if you have chapters you want to add, please let me know immediately..


This article is written for informational purposes only and is NOT an INVESTMENT ADVICE.




Thanks for the insight because I personally didnt know an investor needs to own BNB before investing on an IEO. So I would recommend your post to everyone who also didn't understand and would probably think wrong about the Binance IEO

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Caladonian
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June 10, 2019, 03:37:09 AM
 #5

Hi there, OP. Thanks for sharing this infoguide on how to participate with this investment opportunities that's been provided by binance launchpad, lots of successful new IEO's project being introduced and bring huge outcome.

With this guide, investors now can follow the process and take part for this new business venture.
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June 10, 2019, 04:25:49 AM
 #6

These IEO rules were changed after BitTorrent IEO, Thanks alot for such a good info. This will also boost up the BNB value and Binance users too. Binance has very intelligent team.

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