Binance Launchpool, a possible earning opportunity?

[Ultegra134]

You might need to check your listing date lol cos it was listed on Bitget January 25th. It's also not healthy to work with some random price prediction but ALT price indeed traded within the same price range and currently among the top gainers on Bitget at around $0.45. Let's see how it continues to perform moving forward.

Right, I corrected it; I don't know how I jumped from January to April. Altlayer is still performing quite decently, but the best performance I've seen from a Launchpool token is with Manta; it surpassed $3.50 per coin, and I had sold at $2.50. That was a huge opportunity.

Personally, in my opinion, it is really worth trying and joining the Binance Launchpool because the majority of coins or projects that enter Binance on average go up high because there are special privileges with entering the coins or projects in Binance. That's where we look for the benefits of joining the Launchpool and taking advantage of it. So I think it's really worth it to try this. Keep in mind this is just my personal assumption

Binance is one of the largest, if not the largest, exchanges on the market, so it's perfectly reasonable for the majority of projects listed there to skyrocket due to the hype and the immense amounts being put into farming.

I don't think there are many people who stake millions of dollars there, only a few people, the rest is a combination of many people.
and also some exchanges impose limits on the maximum tokens they will get.

Billions of dollars worth of BNB and FDUSD are used for farming on Launchpool projects. It's certainly not only a few people, but there are definitely whales taking advantage of it, earning thousands in the process.

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[Iamcrypticguy]

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?

You're right, using launchpool can be an opportunity to earn more..I learned about Binance Launchpool, but the high BNB fees were a barrier for me. Consequently, I switched to Bitget Launchpool, and my experience has been positive, especially with farming ZKF. Now, I'm looking forward to using BGB to farm ZETA, hoping for continued success.

[Ultegra134]

You're right, using launchpool can be an opportunity to earn more..I learned about Binance Launchpool, but the high BNB fees were a barrier for me. Consequently, I switched to Bitget Launchpool, and my experience has been positive, especially with farming ZKF. Now, I'm looking forward to using BGB to farm ZETA, hoping for continued success.

What exactly do you mean by high BNB fees? It's pretty much autopilot on Binance; you just stake your BNB or FDUSD on the Launchpool platform, and that's it. I've never heard of the BitGet Launchpool, but it seems interesting enough, although I wouldn't go through the hassle of depositing any more funds on another centralized platform (unless it's decentralized but I didn't go through the whole platform). Most importantly, I trust BNB more than I'd trust BitGet's token; it ruins the aspect of risk-free investment, so that's a no-go for me personally.

[Ultegra134]

It's about time a new Launchpool project was announced. The coin Pixels (PIXEL) will be available for staking tomorrow, Friday, at 00.00 UTC, for a total of 10 days. It will then be listed for trading on February 19 at 10 a.m. UTC. The supported pools offer staking BNB (80% of the total allocation) and FDUSD (20% of the total allocation); a total of 350 million coins will be distributed through Binance's Launchpool.

The Pixel Coin is a social casual web3 game powered by the Ronin Network. More information can be found on Binance's webpage: https://www.binance.com/en/research/projects/pixels.

It seems like an interesting project, although this certainly isn't the first social game "themed" token we've seen. We'll see how that goes, I'm confident that it'll yield quite decent results.

[cryptoaddictchie]

A total of 350 million coins will be distributed through Binance's Launchpool.

Wow thats hefty lot of tokens. But how many supply does pixel have? Im not reviewing it but definitely will farm some on Binance launchpool though Ive got some problem with our country trying to ban binance app. Wondering if theres a solution just in case in the middle of it they banned the app and cant access it. Damn Why a country trying to mess up this free earning for people maybe they dont have bnb to stake with launchpool.

[Tahid12]

The coin Pixels (PIXEL) Laucnpool is till going in and it will be available for 3 more days. No doubt, Pixels (PIXEL) will be another hit project as 8B+ Stake already where 16M+ BNB and 2B FDUSD is staked currently but the fact is, I don't think the rewards is worth enough. Even most the the time I've seen such case where i stake decent amount of bnb as well as USDT (some launchpool allows USDT too) but the result was disappointing. no problem with altcoins as these were hit as usual but A few dollars was received only as rewards which doesn't seem worth at all

[Ultegra134]

The coin Pixels (PIXEL) Laucnpool is till going in and it will be available for 3 more days. No doubt, Pixels (PIXEL) will be another hit project as 8B+ Stake already where 16M+ BNB and 2B FDUSD is staked currently but the fact is, I don't think the rewards is worth enough. Even most the the time I've seen such case where i stake decent amount of bnb as well as USDT (some launchpool allows USDT too) but the result was disappointing. no problem with altcoins as these were hit as usual but A few dollars was received only as rewards which doesn't seem worth at all

There's quite a lot of hype going on regarding Pixels; however, that's nothing unusual with Launchpool projects. It's true, though, that a huge amount of money has been put into farming—more than I've seen compared to other coins. We still can't be sure whether or not the rewards will be enough. General predictions speculate that Pixels will range from $0.30 to $0.40, but we're not sure how accurate those are. I've already acquired 80 coins, with two more days to go, so I'm expecting to surpass 100 coins by then. If the predictions are accurate, the 10-day farming period will accrue a yield of approximately $35 to $40 right at its launch time.

Not a huge yield; I've seen better ones in fewer days; however, if you already have the money on your Binance account, it's risk-free. If we suppose I yield an average of $40 for the 10-day period, if I were to stake USDT, I'd receive approximately $15, so my point stands that 9 out of 10 times, Launchpool projects are worth it.

[Ultegra134]

A little late update: Pixels was listed on Binance on Monday at 10:00 UTC. It's listed price was $0.04, but it immediately climbed up to $0.45 per coin, and within a couple of hours it surpassed $0.60, beating our previous predictions and reaching as high as $0.70, but only for a brief moment. This time, I decided to hold these coins for a little while. I was contemplating selling them at $0.60, which would have resulted in an over $70 profit, but I was busy at the time, so the price later dropped and I missed my opportunity. Now it's trading at $0.50~ and I'm planning to risk it and hold for a while; in the worst-case scenario, I'll lose some of my profit.

Unfortunately, another Launchpool project is yet to be announced.

[Jonyshake71]

Yeah binance launchpool is another Possible earning opportunity where anyone can join or stake according to their Budget. Maybe less amount of money doesn't bring you good rewards but atleast it'll bring something to you, which is good enough. Recently i stake some amount in pixels. And i was waiting for trade whenever it get listed but i was busy. Actually its common that, If binance launchpool a project then that means it'll pump 5-10x even more. That's why many of us waiting for that. And that's why it is hard to buy earlier to sell with more value

[Ultegra134]

Yeah binance launchpool is another Possible earning opportunity where anyone can join or stake according to their Budget. Maybe less amount of money doesn't bring you good rewards but atleast it'll bring something to you, which is good enough. Recently i stake some amount in pixels. And i was waiting for trade whenever it get listed but i was busy. Actually its common that, If binance launchpool a project then that means it'll pump 5-10x even more. That's why many of us waiting for that. And that's why it is hard to buy earlier to sell with more value

I don't think it's possible to acquire the listed coin before it's listed on the exchange or Launchpool, unless there was a presale going on sometime before it was announced on Binance. No matter how much money you'll farm through the platform, you'll still earn more than regular staking in USDT or FDUSD would get you, so it's a win-win situation. I haven't sold my Pixels yet, but I remain confident.

Actually, a little after my previous post, another coin portal was announced and listed today, February 22 at 00:00 UTC, and will be available for 7 days.

[Ultegra134]

Although it's been a few days since Portal's Launchpool has ended and was listed for trading, I'll post my update. Portal started trading at approximately $4, but quickly plummeted and dropped below $3. Unfortunately, I was at work and wasn't present the moment it was launched, so I missed the opportunity to sell at a high price. I sort of went for it and sold at $2.5; thinking it through, I could have sold at a better price, but I wasn't too confident holding it. It has now dropped down to $2.20.

Unfortunately, no new projects have been announced yet.

[passwordnow]

Although it's been a few days since Portal's Launchpool has ended and was listed for trading, I'll post my update. Portal started trading at approximately $4, but quickly plummeted and dropped below $3. Unfortunately, I was at work and wasn't present the moment it was launched, so I missed the opportunity to sell at a high price. I sort of went for it and sold at $2.5; thinking it through, I could have sold at a better price, but I wasn't too confident holding it. It has now dropped down to $2.20.

Unfortunately, no new projects have been announced yet.

There are still a lot of receivers that have sold at the mid of it and at the near top. Those are easy and free money and no matter how low they'd sell, they've just taken it for free so it's still a win. But our minds tell us that we've been a loser and missed selling at the top and that's considered as a loss already but it's not. Honestly, if I was able to sell a lot before and took profits in BNB, I'd just deposit it on the launchpool and let it run for as long as it can be. That's a lot of free money coming in there and surely a lot of people are doing this. But the more BNB you have, the greater benefits you have to receive more rewards from the launchpool.

If you're starting out and you don't have that much. Better go directly to that project's website and try to fill out what they're requiring their users for you to max out the rewards that they're going to distribute once they hit the deadline. Because usually, most of these projects are going to be dead so when you've received the reward and trading is still hot and exclusive for most of you, don't miss selling them because hype now is different and they're quickly gone.

[john1010]

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's interesting to hear about your experiences with Binance's Launchpool, especially given your stance on centralized exchanges. It sounds like you've had some success with the projects you've participated in, despite acknowledging that many of the listed coins may lack long-term viability.

While Launchpool can indeed offer attractive returns in the short term, it's crucial to weigh the risks involved, including the potential for market manipulation and the volatility of newly listed tokens. As you mentioned, the opportunity cost of staking funds should also be considered.

[Ultegra134]

There are still a lot of receivers that have sold at the mid of it and at the near top. Those are easy and free money and no matter how low they'd sell, they've just taken it for free so it's still a win. But our minds tell us that we've been a loser and missed selling at the top and that's considered as a loss already but it's not. Honestly, if I was able to sell a lot before and took profits in BNB, I'd just deposit it on the launchpool and let it run for as long as it can be. That's a lot of free money coming in there and surely a lot of people are doing this. But the more BNB you have, the greater benefits you have to receive more rewards from the launchpool.

If you're starting out and you don't have that much. Better go directly to that project's website and try to fill out what they're requiring their users for you to max out the rewards that they're going to distribute once they hit the deadline. Because usually, most of these projects are going to be dead so when you've received the reward and trading is still hot and exclusive for most of you, don't miss selling them because hype now is different and they're quickly gone.

I'm not sweating too much; it's basically free money. I still made more than I would have made by staking USDT, so that's still a win. I'm not going to complain about not selling at $2.50 instead of $3; not all projects are as fruitful as others, and it's not possible to yield the maximum from every single one of them. I'm still happy for what I earned.

It's interesting to hear about your experiences with Binance's Launchpool, especially given your stance on centralized exchanges. It sounds like you've had some success with the projects you've participated in, despite acknowledging that many of the listed coins may lack long-term viability.

While Launchpool can indeed offer attractive returns in the short term, it's crucial to weigh the risks involved, including the potential for market manipulation and the volatility of newly listed tokens. As you mentioned, the opportunity cost of staking funds should also be considered.

I'm not exactly sure what you mean by your phrase "given your stance on centralized exchanges."  Do you mind if I elaborate a little further? I support the services exchanges provide, but we need to distinguish that they're not meant to store cryptocurrency. I could have deposited my bitcoin as well, but I'm not going to do that for obvious reasons. Apart from that, thanks to Binance and its Launchpool, I've managed to substantially grow the money I initially deposited there. I'm also taking into account the opportunity cost of the staked funds; however, so far, the returns are higher than me staking on USDT or somewhere else.

[Sophokles]

Although it's been a few days since Portal's Launchpool has ended and was listed for trading, I'll post my update. Portal started trading at approximately $4, but quickly plummeted and dropped below $3. Unfortunately, I was at work and wasn't present the moment it was launched, so I missed the opportunity to sell at a high price. I sort of went for it and sold at $2.5; thinking it through, I could have sold at a better price, but I wasn't too confident holding it. It has now dropped down to $2.20.

Unfortunately, no new projects have been announced yet.

The best time to sell a token is early if the token is launching on binance. That project was already hyped out and people started to sell off their holdings to take their investment out. Every project is not like TIA which has done something amazing even after it got listed on binance and started rallying up because of its ecosystem airdrop. Usually i don't participate in binance launchpool and i do like to trade them in their early stages but i always make sure that project has the holding value for long term.

[Ultegra134]

The best time to sell a token is early if the token is launching on binance. That project was already hyped out and people started to sell off their holdings to take their investment out. Every project is not like TIA which has done something amazing even after it got listed on binance and started rallying up because of its ecosystem airdrop. Usually i don't participate in binance launchpool and i do like to trade them in their early stages but i always make sure that project has the holding value for long term.

Not necessarily; I've got plenty of examples of Launchpool tokens that skyrocketed days after their initial launch. Had I sold early, like you said, I would have made a lot less than I've currently made. A few examples are Cyber, which started at approximately $6-7 if I remember correctly and I sold at $16 a few days later; Pendle; Manta, which was sold early at $2.5 and climbed up to $3.5 in the upcoming few days; Neutron; Altlayer; MEME; and possibly many others that I cannot even recall. Sometimes this technique works best and is the safest for peace of mind; however, it's not always the most profitable.

Be careful; I'm not implying to hold such tokens for the long term; they're extremely volatile and unpredictable. Just because it worked for some coins doesn't mean it'll work for every single one of them.

[Dr. Strange]

I want to tell you at the beginning if you own a lot of money then you can earn good amount from binance launchpool. The reason for this is that the coins that are managed have a certain amount of value and stakes are required on those coins. And as a result of calculating all the stakes, you will get an amount every hour according to the amount of dollar stake you are doing absolutely free. That's why if you want to earn roughly then 500 to 1000 dollars should be staked. Then you will have the possibility of earning good amount of money.

[Ultegra134]

I feel like such an idiot! I haven't updated the topic with the latest Binance Launchpool project, AEVO, a decentralized derivatives exchange platform (not sure what that exactly means, but that's what Binance is stating). The AEVO tokens are open for farming for 5 days, and trading will open on Wednesday, March 13th, at 10:00 UTC. Some users on Binance are speculating a starting price of over $2 with the anticipation that it will exceed $3 or even $4 shortly after its launch.

Throwback two projects behind. I had mentioned that I hadn't sold my Pixel tokens yet; well, today I did, as it pumped up to $0.80 per coin, which resulted in an almost $100 profit.

[snowpega]

I feel like such an idiot! I haven't updated the topic with the latest Binance Launchpool project, AEVO, a decentralized derivatives exchange platform (not sure what that exactly means, but that's what Binance is stating). The AEVO tokens are open for farming for 5 days, and trading will open on Wednesday, March 13th, at 10:00 UTC. Some users on Binance are speculating a starting price of over $2 with the anticipation that it will exceed $3 or even $4 shortly after its launch.
.......

Dear, did you stake any amount for the formation of the AEVO token? yes, I am aware of this project already this project is of Decentralized exchange project and is still not listed on any other exchange. Actually, I did not stake any amount for the formation of this token due to some personal reasons. What do you think about this project? Does this project have good potential? as the team is working on its ecosystem still. Well if this project has potential and according to those speculating prices you aforementioned this may be going to be a good project.

Besides this as I said AEVO is still not listed on any other exchange it is directly going to list on Binance which is Tier one exchange. which gives us some positive signals about this project and when other good exchanges will start to list this project on their exchanges then there will be a good volume of amount coming into this project which will make the price higher and the project strong. Well for now project is in its early stages. we may see a downside in price after the listing of AEVO. DYOR! What do you say?

[Ultegra134]

Dear, did you stake any amount for the formation of the AEVO token? yes, I am aware of this project already this project is of Decentralized exchange project and is still not listed on any other exchange. Actually, I did not stake any amount for the formation of this token due to some personal reasons. What do you think about this project? Does this project have good potential? as the team is working on its ecosystem still. Well if this project has potential and according to those speculating prices you aforementioned this may be going to be a good project.

Besides this as I said AEVO is still not listed on any other exchange it is directly going to list on Binance which is Tier one exchange. which gives us some positive signals about this project and when other good exchanges will start to list this project on their exchanges then there will be a good volume of amount coming into this project which will make the price higher and the project strong. Well for now project is in its early stages. we may see a downside in price after the listing of AEVO. DYOR! What do you say?

I'm staking FDUSD and some BNB; unfortunately, I don't have too much BNB, which renders staking a lot less profitable, as rewards are distributed 80% on BNB and only 20% on FDUSD. I've done zero research on this project, and if I were honest, I don't do any kind of research on most of these tokens. I just farm my coins there, hoping for the best. I'm trying not to miss a single one, because when I did, it was with the token Fusionist (ACE). Due to my own boredom and postponing, I staked only during the last one or two days. Reading predictions and analyses wasn't helpful either, because most articles I read weren't too promising.

However, it launched with an extremely high price—over $12, possibly more, but I cannot remember exactly—and lost the opportunity to make over $100 within 5 days. For this reason, I've decided not to miss another project.