Topic: Binance Launchpool, a possible earning opportunity? - page 4. (Read 1575 times)

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 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.
.......

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.

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.

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.

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?

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.

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

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

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

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.

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 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.

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

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.