Binance Launchpool, a possible earning opportunity?

[Ultegra134]

Hello there, and Merry Christmas to everyone!

First of all, I'd like to state that I'm in no way affiliated with Binance, nor am I a large fan of centralized exchanges. I keep the majority of my funds, especially Bitcoin, off exchanges for the known reasons that have been discussed on the forum multiple times, and I'm not going to repeat them again, except for some stablecoins, which aren't a huge amount but still a decent sum of money. So, without further ado, let's return to the subject.

I've been participating in Binance's Launchpool since late July, with the first project that I staked, the coin Pendle. I didn't stake for the whole 30 days it was available in order to have the full picture, but it wasn't worth staking my coins there rather than on a different platform. All other options after that, SEI, Cyber, MEME, Neutron, with the last one being Fusionist (ACE), yielded great results, especially the last one, in which I regret participating only for a day or two.

So far, I've had great returns. Keep in mind that I acknowledge that most of the coins being listed there have no actual purpose, nor do I have faith in them, nor are they to be held for long-term purposes; they're simply pumped due to Binance's intervention, and I'm taking advantage of that. Currently, another coin, NFPrompt, is listed, shortly after ACE was discontinued, and another one was announced today.

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?

Ultegra134's Binance Launchpool Portfolio

Project	Days to stake	Staked funds	Profit	Opening date	Listing date
_________________	_________________	_________________	_________________	_________________	_________________
Pendle	25 days (staked for 8 - days at most)	$	$50.5	July 29, 2024	August 20, 2024
SEI	30 days	$	$20	September 1, 2024	October 1, 2024
Cyber	30 days	$	$85	September 1, 2024	October 1, 2024
Neutron (NTRN)	20 days	$	$ - 29 Unsold coins	October 31, 2024	November 20, 2024
MEME	30 days	$	$43	November 27, 2024	December 27, 2024
Fusionist (ACE)	5 days (Only staked for 1)	$	$20	December 18, 2024	December 23, 2024
NFPrompt	8 days	$	$60	December 20, 2024	December 27, 2024
Sheepless AI	4 days	$	$31.5	December 28, 2024	January 4, 2024
XAI	4 days	$	$15	January 05, 2024	January 09, 2024
Manta Network	2 days	$	$35	January 16, 2024	January 18, 2024
AltLayer	8 days	$	$36.5 + 45 unsold coins	January 19, 2024	January 25, 2024
Pixels	10 days	$	$93	February 9, 2024	February 19, 2024
Portal	8 days	$	$38	February 22, 2024	February 29, 2024
Aevo	5 days	$	$- 18 Unsold coins	March 8, 2024	March 13, 2024
Ether.fi	4 days	$	$48	March 14, 2024	March 18, 2024
Ethena	3 days	$	$85~	March 30, 2024	April 01, 2024
Saga	4 days	$	$ - 13 Unsold coins	April 5, 2024	April 9, 2024
Omni Network	4 days	$	$	April 14, 2024	April 17, 2024

[batang_bitcoin]

I have tried but definitely the reward that you'll get there will also depend on how much you staked on their pool. Of course that's the condition that must be met and I think that it's just good extra money at all because I am not willing to take risk with it leaving huge funds on them. But if the status of the person will do that is just like you and willing to put much money on it that you won't be needing anymore and actually just extra money, it's a fine other source since most of us are aware about keeping funds in exchanges and having no keys.

[Ultegra134]

I have tried but definitely the reward that you'll get there will also depend on how much you staked on their pool. Of course that's the condition that must be met and I think that it's just good extra money at all because I am not willing to take risk with it leaving huge funds on them. But if the status of the person will do that is just like you and willing to put much money on it that you won't be needing anymore and actually just extra money, it's a fine other source since most of us are aware about keeping funds in exchanges and having no keys.

Isn't that logical? The more money you stake, the higher the reward. Although with Launchpool, you're unaware of details such as APY and the price of the token because that's usually listed some time after it's over, the logic of standard staking still applies. Even though I understand your point, even I keep my Bitcoin off exchanges, not only because I'd have zero actual control over them but also because Binance has all our personal details, and I'd rather not acknowledge to them how much I'm earning. With that being said, I don't find it a huge threat nor a taxation issue to hold a few thousand on Binance; it's transactioning billions of dollars worth of cryptocurrency; thus, I find your argument a little exaggerated.

NFPrompt's trading will open in the next few minutes, and we'll see if it was ultimately worth it this time as well.

Edit: Just sold my NFP coins, wasn't too keen on holding them, made a $60 quick profit in a week, with minimal risk and less than $5.000 in capital. I'd say it's not too shabby.

[bluebit25]

Similar to other capital attraction platforms, launchpool also has its own challenges. In cases where the participation volume is too large, there are not too many expectations of profits, and there are also risks when BNB price drops, priority with stable pools is really too narrow. But it is an investment that has the potential to increase profits and risks, so if you accept it, I think there is not too much to think about. And with Binance, their reputation has been proven, pumping is good but remember that anything can happen with centralized services. FTX is a more realistic example for us. But of course, at this stage I also have to admit that the chances of making a profit are better.

[jrrsparkles]

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?

You are right, those projects are useless still from investment perspective it can yield returns but is it possible to find the projects from the pool of projects, and even if we do we only got short time frame to profit out or else the project will drag down once the hype is over so I would better stay away from it instead of risking and thinking that whether I made the right decision with my money.

[criptoevangelista]

I have participated in some in the past, such as football team tokens, coin98, alice, etc.

I'm always afraid of keeping a lot of money in a brokerage, so I participate with little, it's always more interesting with BNB, but you have the risk of the altcoin's volatility.

I haven't participated in a long time, is it worth participating nowadays?

[cryptoaddictchie]

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?

Almost all of these are Binance backed projects so Ic an say their perfomance would be good. The only thing is this is for whales gamer. As long as you stake a lot of Bnb you would feel the profits or gains from earning those tokens. Anyway I am still joining up to now and can definitely see a high yield on these projects esepcially those top tier projects like sleepless AI and manta and many more.

[batang_bitcoin]

I have tried but definitely the reward that you'll get there will also depend on how much you staked on their pool. Of course that's the condition that must be met and I think that it's just good extra money at all because I am not willing to take risk with it leaving huge funds on them. But if the status of the person will do that is just like you and willing to put much money on it that you won't be needing anymore and actually just extra money, it's a fine other source since most of us are aware about keeping funds in exchanges and having no keys.

Isn't that logical? The more money you stake, the higher the reward. Although with Launchpool, you're unaware of details such as APY and the price of the token because that's usually listed some time after it's over, the logic of standard staking still applies. Even though I understand your point, even I keep my Bitcoin off exchanges, not only because I'd have zero actual control over them but also because Binance has all our personal details, and I'd rather not acknowledge to them how much I'm earning. With that being said, I don't find it a huge threat nor a taxation issue to hold a few thousand on Binance; it's transactioning billions of dollars worth of cryptocurrency; thus, I find your argument a little exaggerated.

NFPrompt's trading will open in the next few minutes, and we'll see if it was ultimately worth it this time as well.

Edit: Just sold my NFP coins, wasn't too keen on holding them, made a $60 quick profit in a week, with minimal risk and less than $5.000 in capital. I'd say it's not too shabby.

That's sweet quick profits for you. The important thing here is you can bear the risk and is totally fine leaving that couple of thousand on Binance. Whether you are aware or not with the keys matter, the important matter to you is you understand all of these and you're making a money from it. Just like what happened to you, that's one advantage of having a larger fund being on that launched pool and it happens not that usually but more chances to repeat.

[rhomelmabini]

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?

Well, it's still risky especially if you stake BNB instead of the stables. Right now it's farming AI and if you have good amount of assets to stake that will be worth it but even I've been farming for over $4k in the end I just get around maximum of $100 when the token gets listed out there. It's worth a try if you're early, if you have lot of assets to stake at all.

[shinratensei_]

when we are talking about binance launchpool we are talking about how many capital you willing to shell out for the sake of getting that share of pie. its honestly just war of capital with the binance launchpool mainly those that have big capital get big rewards but honestly sometime with the big money you are staking its not that worth it, because usually people with big capital are just gonna dominate it.
but yes, its rather really low risk investment that if you think about it, doesn't matter if there are some people with big capital if we have the capital to stake its still worth it to try rather than letting our money just unused we can take advantage of this event.
i would honestly choose other launchpad from the other exchange though at this point, in binance its already too saturated meanwhile in the other exchange like bybit for example, its still an interesting place where even with relatively low capital you might still can score some good profit of course arguably, the reputation is less than binance so bear that in mind with these exchanges.

[cakravothy]

launchpool is usually done if there is a campaign for a new coin that will be listed.
and there are a lot of participants.
so even if you participate, the results you get are not big.
the same is the case with the launchpad that wants to buy the same coin as the ico which has a lot of interest in buying while the one being sold is limited so even though the price of the coin rises greatly the profit is not big. because the coins obtained from the launchpad are also not many.

[dansus021]

if you dont really trust the centralized exchange than is Binance Launchpool is not worth the money and time.

I tried dozen of Binance launch pool by simply stake my bnb and get reward since it is like airdrop when you stake and earn free token for me it is worth but at the end of staking days 100$ worth of BNB can only earn you maybe couple of dollar since Im broke so one dollar is really worth. 

I actually tried with 800$ BNB back couple year ago but still there is to much whale of BNB so it only earn you less and less

[Bobrox]

if you dont really trust the centralized exchange than is Binance Launchpool is not worth the money and time.

I tried dozen of Binance launch pool by simply stake my bnb and get reward since it is like airdrop when you stake and earn free token for me it is worth but at the end of staking days 100$ worth of BNB can only earn you maybe couple of dollar since Im broke so one dollar is really worth. 

I actually tried with 800$ BNB back couple year ago but still there is to much whale of BNB so it only earn you less and less

Its not worth when Binance launching with new launchpool and you buy BNB around price up because when staking end usually BNB coins will drop to lower price, but worth for BNB holder exactly for me when get losses much in BNB investing on higher price. I can get recovery until waiting BNB return back to higher price and each launchpool earn more than $100.
Last launchpool NFP earned $90 and looks higher regarding 10 BNB staking but for holder and not recommended for staking BNB right now.
Binance launch with new launchpool today and end seven days later, actually is worth if you still hold BNB still lower price but if you want to buy right now and stake coins I worry seven days later after launchpool ended BNB price will get drop.

[nelson4lov]

if you dont really trust the centralized exchange than is Binance Launchpool is not worth the money and time.

I tried dozen of Binance launch pool by simply stake my bnb and get reward since it is like airdrop when you stake and earn free token for me it is worth but at the end of staking days 100$ worth of BNB can only earn you maybe couple of dollar since Im broke so one dollar is really worth. 

I actually tried with 800$ BNB back couple year ago but still there is to much whale of BNB so it only earn you less and less

The amount of rewards you can get from participating in a Binance Launchpool opportunity is directly proportional to the amount of BnB you have and have deposited into the "pool" vs the total BNB deposited by other users. While it might not be worth it for you, It would be worth a lot to other users. It's simply a whale game of who deposited the highest amount of BNB.

If you think Launchpool rewards are diluted, just remember that Launchpad sale allocations are 10x more diluted.

[tsaroz]

if you dont really trust the centralized exchange than is Binance Launchpool is not worth the money and time.

I tried dozen of Binance launch pool by simply stake my bnb and get reward since it is like airdrop when you stake and earn free token for me it is worth but at the end of staking days 100$ worth of BNB can only earn you maybe couple of dollar since Im broke so one dollar is really worth. 

I actually tried with 800$ BNB back couple year ago but still there is to much whale of BNB so it only earn you less and less

The amount of rewards you can get from participating in a Binance Launchpool opportunity is directly proportional to the amount of BnB you have and have deposited into the "pool" vs the total BNB deposited by other users. While it might not be worth it for you, It would be worth a lot to other users. It's simply a whale game of who deposited the highest amount of BNB.

If you think Launchpool rewards are diluted, just remember that Launchpad sale allocations are 10x more diluted.

Yes, you need a large balance upfront to be able to buy any significant amount of coin from launchpads of popular exchange like binance. And in places you could, the quality of tokens aren't good enough. The current hot place for launching an ICO is pinksale if you are into DEX but the locking period can be tricky as most  meme coins these days are dead after months.
It's also a good idea to have the coin have its first pump and dump cycle and buy it on the dump. The price at that moment would come closer to the ICO price.

[$crypto$]

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?

Almost all of these are Binance backed projects so Ic an say their perfomance would be good. The only thing is this is for whales gamer. As long as you stake a lot of Bnb you would feel the profits or gains from earning those tokens. Anyway I am still joining up to now and can definitely see a high yield on these projects esepcially those top tier projects like sleepless AI and manta and many more.

All the time I see that the tokens supported by Binance do have a good impact, when the token is listed, the price rises thousands of percent, obviously this will benefit if they have a lot of tokens obtained.

Well that's the reality in binance there must be a lot of whales hoarding BNB that they bet for Launchpool this is unmitigated in the amount they have while we with a little at stake will get small tokens.

In essence, the more at stake the greater the profit, this is what whales do when there is a lauchpool token.

[Beparanf]

Yes, you need a large balance upfront to be able to buy any significant amount of coin from launchpads of popular exchange like binance. And in places you could, the quality of tokens aren't good enough. The current hot place for launching an ICO is pinksale if you are into DEX but the locking period can be tricky as most  meme coins these days are dead after months.
It's also a good idea to have the coin have its first pump and dump cycle and buy it on the dump. The price at that moment would come closer to the ICO price.

Pinksale is home of rugpull and honeypot projects since anyone can launch a token sale there without spending much money compared to popular launch pools. It’s very rare to find legit project on pinksale though. Launchpad from Bluezilla is much more reliable to join even though it requires to stake their own token but atleast it’s cheaper compared to Binance launchpool that is just being monopolize by whale and institutional trader that holds huge amount of the exchange token.

[goaldigger]

Yes, you need a large balance upfront to be able to buy any significant amount of coin from launchpads of popular exchange like binance. And in places you could, the quality of tokens aren't good enough. The current hot place for launching an ICO is pinksale if you are into DEX but the locking period can be tricky as most  meme coins these days are dead after months.
It's also a good idea to have the coin have its first pump and dump cycle and buy it on the dump. The price at that moment would come closer to the ICO price.

Pinksale is home of rugpull and honeypot projects since anyone can launch a token sale there without spending much money compared to popular launch pools. It’s very rare to find legit project on pinksale though. Launchpad from Bluezilla is much more reliable to join even though it requires to stake their own token but atleast it’s cheaper compared to Binance launchpool that is just being monopolize by whale and institutional trader that holds huge amount of the exchange token.

Launchpads with Binance is still better though of course you need to have a good amount of money for you to enjoy the possible earning opportunity and not all investor can get the same value with their investment. If you are able to spot a good project on the Launchpad of Binance much better but its not always there so make sure to diversify and have other good investments while waiting for the launchpad. Aside for Binance, I'm not investing into other launchpad since I know some site can easily be manipulated and can turn into a scam in an instant.

[pvk444]

Hello there, and Merry Christmas to everyone!

First of all, I'd like to state that I'm in no way affiliated with Binance, nor am I a large fan of centralized exchanges. I keep the majority of my funds, especially Bitcoin, off exchanges for the known reasons that have been discussed on the forum multiple times, and I'm not going to repeat them again, except for some stablecoins, which aren't a huge amount but still a decent sum of money. So, without further ado, let's return to the subject.

I've been participating in Binance's Launchpool since late July, with the first project that I staked, the coin Pendle. I didn't stake for the whole 30 days it was available in order to have the full picture, but it wasn't worth staking my coins there rather than on a different platform. All other options after that, SEI, Cyber, MEME, Neutron, with the last one being Fusionist (ACE), yielded great results, especially the last one, in which I regret participating only for a day or two.

So far, I've had great returns. Keep in mind that I acknowledge that most of the coins being listed there have no actual purpose, nor do I have faith in them, nor are they to be held for long-term purposes; they're simply pumped due to Binance's intervention, and I'm taking advantage of that. Currently, another coin, NFPrompt, is listed, shortly after ACE was discontinued, and another one was announced today.

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?

It is absolutely worth it, particularly if you already have the relevant assets (i.e. BNB, TUSD, FDUSD etc.) on Binance. If you do, then it's free money, and can amount to quite a bit. Although it's risky when the market is very volatile and upward trending, I did find it profitable to move some other assets into BNB just to participate in the launchpools / launchpads. I tried a range of other well-known launchpads over the last 4 years, but none of them achieved the return as with the Binance launchpools (mostly due to the lock-up period imposed on other launchpads vs. none on Binance)

[Bushdark]

I don't really like the Binance launchpool because it is only for those that have large tokens to stake for them to have more bigger positions in the launch pool. The more tooken you stake the more liable and position one is going to get for a bigger spot.
For their users that have little amount to stake, they will not get upto a reasonable amount they can hold before the project is launched.
The only way to calm new tokens that is going to be launched and shared through the launched pool is to join the pool.