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Topic: Binance Launchpool, a possible earning opportunity? - page 5. (Read 1575 times)

member
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The risks of starting a pool are almost the same as when investing in other cryptocurrencies, if the project you invest in does not gain popularity, you may also lose some of your funds. But I think this system is more interesting, because the bet is on bnb, this currency is strong and is unlikely to disappoint you.
I think the project that has successfully held a pool on Binance is the project of choice and its popularity is beyond doubt. There is little chance of experiencing losses even if the BNB price falls because you will get rewards from staking and you can sell them when listed on Binance.
sr. member
Activity: 1188
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These projects which were announced by binance for staking launchpool, are successful. That's why people staking millions of dollar nowadays and so you'll get a little amount from launchpool. By staking 4/5 bnb, you'll get 6-8$ worh altcoins even pump 10x(example of manta). Recently xai, manta launchpools are over. I got some cents from their launchpool for xai lol. Usdt staking not much profitable, you'll get 8x less comparing to bnb. So people choice bnb but volatility matters when your staking bnb. Finally it's not that good at all


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.
full member
Activity: 1554
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In my opinion, the advantages of staking are obtained if you stake large amounts, especially if you stake on a centralized exchange, because they make a profit and take part of the coins you stake. all staking is giving possible earn but with different rate.
sr. member
Activity: 1624
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Altlayer (ALT) will be listed in less than 24 hours, tomorrow, January 25th, at 10:00 UTC.


The culture of looking for good projects that might be able to recover losses for investors and Altlayer (ALT) is also one of them that has the potential for returns and that has good quality in it after the last Binance Launchpool, now it's another price correction for this coin and it's time to buy back after yesterday's quite fantastic increase.
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Tontogether | Save Smart & Win Big
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?

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
newbie
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Altlayer (ALT) will be listed in less than 24 hours, tomorrow, April 25th, at 10:00 UTC.
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.

I think he must've gotten the date mixed up.
There's a minor dip in price from 0.45 to 0.40. Looks to me like a buying opportunity.
newbie
Activity: 120
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Altlayer (ALT) will be listed in less than 24 hours, tomorrow, April 25th, at 10:00 UTC.
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.
hero member
Activity: 1680
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I didn't participate in the manta farm so I have very little knowledge about how much the rewards were but I have participated in the AltLayer bit and so far so good — BnB and FdUSD that are the two assets used in farming $ALT are down horrendously (even more surprising is that FDUSD depeg). The only way farmers of the AltLayer launchpool can break even is if the price of ALT debuts around 0.45 to 0.8 or possibly $1.
FDUSD's depeg is quite insignificant; we've seen a lot worse. It's not like it's frequently off the $1 peg. A few days ago, it was well over the $1 peg, reaching as much as $1.05. With that being said, I don't think it's something to worry about. Altlayer looks promising; however, I highly doubt we'll see its price anywhere close to $0.45, let alone $1, at least at its listing. I already have almost 200 coins; that would be an insane yield. Imagine that. I guess we'll see in a couple of hours.
well thats just how staking mechanism everywhere you get locked period but that with a reward, i think such staking launchpool in my honest opinion only good where the price was still rather low and bearish, at bullish well its not really good we can be making some grand from staking and we missed opportunity of cashing out our investment and missed tens of grand thats what I mean by missed opportunity by staking, moreover sometime the reward is not that great anyway there are many whales staking their millions for the sake of earning opportunity through binance launchpool and that alone already such a turn off for me thats why im just sticking to trading instead and staking outside the binance platform despite the fact that there might be risk carried by the staking such as contract breach and so on but so far I only staked at reputable platform.
other than that whats really important is that some people that stake in binance should know that sometime the project have allocation for airdrop outside the platform despite being listed in binance and have binance launchpool but sometime they just give some airdrop to their community that has done some testing to the blockchain and so on and the amount even more worth than staking a half million sometime.
I don't think you understand what this topic is about nor if you actually read it. Binance's Launchpool doesn't have a lock-in period, you're unaware of the coin's price till its listing, although you mention something completely different and irrelevant in your post.
hero member
Activity: 2954
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Binance lunch pool, I have tried it several times, but if the investment is high, then the person can get good benefit because you have to hold the BNB, if BNB price is high at which time launch pool finished then the benefit is very high.

But the problem is that the fund stuck with them as much as they are, then it also becomes clear that if the price of BNB decreases the we can face of loss.
well thats just how staking mechanism everywhere you get locked period but that with a reward, i think such staking launchpool in my honest opinion only good where the price was still rather low and bearish, at bullish well its not really good we can be making some grand from staking and we missed opportunity of cashing out our investment and missed tens of grand thats what I mean by missed opportunity by staking, moreover sometime the reward is not that great anyway there are many whales staking their millions for the sake of earning opportunity through binance launchpool and that alone already such a turn off for me thats why im just sticking to trading instead and staking outside the binance platform despite the fact that there might be risk carried by the staking such as contract breach and so on but so far I only staked at reputable platform.
other than that whats really important is that some people that stake in binance should know that sometime the project have allocation for airdrop outside the platform despite being listed in binance and have binance launchpool but sometime they just give some airdrop to their community that has done some testing to the blockchain and so on and the amount even more worth than staking a half million sometime.
hero member
Activity: 2212
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Altlayer (ALT) will be listed in less than 24 hours, tomorrow, April 25th, at 10:00 UTC. From a prediction I read, I don't recall where its price is expected to range from $0.15 to $0.30. We'll see how it progresses soon enough. Kudos to any Manta holders out there, as it's currently one of the highest performing coins on Binance, with a 26% positive change in price in the last 24 hours, trending at over $3 per coin. Considering the 2-day farming period during which Manta was available, its yields were quite impressive, as its price has jumped in an extremely short period since it was listed.

I didn't participate in the manta farm so I have very little knowledge about how much the rewards were but I have participated in the AltLayer bit and so far so good — BnB and FdUSD that are the two assets used in farming $ALT are down horrendously (even more surprising is that FDUSD depeg). The only way farmers of the AltLayer launchpool can break even is if the price of ALT debuts around 0.45 to 0.8 or possibly $1.
hero member
Activity: 1680
Merit: 845
Altlayer (ALT) will be listed in less than 24 hours, tomorrow, January 25th, at 10:00 UTC. From a prediction I read, I don't recall where its price is expected to range from $0.15 to $0.30. We'll see how it progresses soon enough. Kudos to any Manta holders out there, as it's currently one of the highest performing coins on Binance, with a 26% positive change in price in the last 24 hours, trending at over $3 per coin. Considering the 2-day farming period during which Manta was available, its yields were quite impressive, as its price has jumped in an extremely short period since it was listed.
hero member
Activity: 1652
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I've also followed that, but not on Binance but on another platform. Yes. comfortable and easy and quiet. Yes. You are right and it is low risk and we only need to follow all the steps required by the exchange and the more we have the token reserves required to stake the greater our chance of getting the prize. This is also one of the strategies and one way to drive the price of the required token as well.

Yes, this is indeed one of the safest method to earn some money but in order to do that we need to hold good amount of tokens (as it changes from one exchange to another). I have initially tried such things with Binance but couldn't get much but still participating as my BNB holdings have increased which helps me in staking more and earn more in terms of tokens. There are lot of exchanges who offer such launchpad projects you will find more such projects in Gate.io but getting reward considering the pool of users is difficult.
hero member
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I believe you are new to cryptocurrency so for you not to know anything about launch pool, maybe you just have to seat down and watch from the window of your room. You can't tell me that many people in the space do not know about launch pool, every exchange has there launch pool so because you don't have idea on it does not mean that many do not know about it. Cryptocurrency is a space for learning especially when we have no idea about what we are taking about. We keeping learning for as long as we are alive.
Wow!! The proficient of cryptocurrency is here and you have not exploded with knowledge in cryptocurrency. Probably you don't want to and like to share your knowledge in a low key  Grin. I use Binance to make transaction and I have not seen launchpool in any day. And this is the first place I have heard even the name. And I didn't say ntht because I don't know it therefore people should not use it. If I will look through the window to search for it then I will want you to dig your parlor and bury it because I am not going to use it.

You didn't impact any knowledge here for someone to knowledge instead you misguide yourself from the comment you made. I think the internet is not far from me to know things that I don't know. But it is good for knowing things here and add it to the knowledge we get from outside.
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I've also followed that, but not on Binance but on another platform. Yes. comfortable and easy and quiet. Yes. You are right and it is low risk and we only need to follow all the steps required by the exchange and the more we have the token reserves required to stake the greater our chance of getting the prize. This is also one of the strategies and one way to drive the price of the required token as well.
sr. member
Activity: 896
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The risks of starting a pool are almost the same as when investing in other cryptocurrencies, if the project you invest in does not gain popularity, you may also lose some of your funds. But I think this system is more interesting, because the bet is on bnb, this currency is strong and is unlikely to disappoint you.
full member
Activity: 2520
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Eloncoin.org - Mars, here we come!
Billions are being transacted through exchanges daily, especially on Binance, which has the largest volume of all. I personally don't believe that something can easily influence Binance, nor that it can simply be hacked one day and disappear from existence. Just because similar things have happened to other exchanges doesn't mean that they'll also occur on Binance. On top of that, if something like you described happened, it would have an immense effect on cryptocurrencies as a whole, as it's the largest exchange; it would put a huge dent on cryptocurrencies, and nobody would trust them or centralized exchanges ever again.

With that being said, us losing funds, which aren't a huge sum of money either, will probably be the least of our issues, as everything would start to collapse.
In all my years of existence in the space, I've never come across scam connecting to my binance account because the exchange is top and reliable, their security are very tighten uncomparable to other exchanges. Losing funds do actually influence our minds to do wrong things and I'm acquainted prior to the motives generated whenever we lose. Binance is top crypto exchange and it would be really difficult before it's been hacked. I've slight challenges but trying my best to recover from the losses recorded, almost liquidated my binance portfolio.


To be listed on an exchange like binance a project needs to have strong backing behind them or they needs to have a strong community. It is true that every new project that got listed in binance give investors good profit in its early stages as listing on binance is bullish news for a project.

I have actually seen a lot of people or investors base their decisions of whether they should invest or not in a newly launched project on listing

They think that if a project is listed especially in an exchange as big as binance then it must be legit and might have extremely good potential looking forward
hero member
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Check this out mate. https://twitter.com/_RichardTeng/status/1748002280895340763?t=Fo5aFut5It_NOwXh8BqKOA&s=19

Id think you definitely reconsider considering the new CEO is on game with the launchpool series. I think this will be continous till the bull run and definitely will not let bnb out of sight for those big projects that will conduct launchpool. Also theres none launchpaf yet since then so probably they are brewing a grand launch for new project that will be out soon.
That's interesting, thanks! It's true that in the past couple of months, Binance has introduced quite a few Launchpool projects. I regret not taking part sooner, to be honest; the first one I participated in was Pendle, and it wasn't for all the 20–25 days it was running.
It is like Staking your Coins anywhere else with low APY. maybe people with large capital really earn good profit from binance launchpool but if you stake only $200 or little bit less or more than you could only earn Around $2 per launchpool round. which is not a good amount.
The only Good thing about Binance launchpool is there is not any risk of losing money because you'll get your funds back in your  account when launchpool end.
Nope, it's not like staking anywhere else with a low APY. The APY on Launchpool projects, although it hasn't been announced, is generally decent and higher than staking USDT or FDUSD. The majority of the projects I've staked were worth it. I made $35 with Manta, and I would have made more if I wasn't at work at the time of its listing. During its two-day farming period, I'd make at most $2 through USDT and BNB staking. The same applies to other projects, such as XAI, Cyber, Neutron, ACE, and plenty of others.
You can stake stablecoins in launchpool. most of the launchpools allow staking FDUSD and TUSDT stablecoins.  and you can't take and sell the tokens earned during launchpool. because binance launchpool only add new projects. tokens are listed when launchpool completely ended.
All coins are listed approximately a day after the launch pool is finished. Some exceptions I remember were SUI and Cyber, if I'm not mistaken, which were listed for trading a week after the initial launch of the farming period and ran simultaneously.
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It is like Staking your Coins anywhere else with low APY. maybe people with large capital really earn good profit from binance launchpool but if you stake only $200 or little bit less or more than you could only earn Around $2 per launchpool round. which is not a good amount.
The only Good thing about Binance launchpool is there is not any risk of losing money because you'll get your funds back in your  account when launchpool end.

(...)

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?
For me, it's good. The only difficult here is you use a non-stablecoin asset during launch pool. Because you could lose its value over time just to be able to get the new coins and sometimes it's not worth it or you will lose more.
Another thing is after the launch pool or during, for me it's better to take profits like sell some of new tokens you got from launchpool, it's good to take profits.
You can stake stablecoins in launchpool. most of the launchpools allow staking FDUSD and TUSDT stablecoins.  and you can't take and sell the tokens earned during launchpool. because binance launchpool only add new projects. tokens are listed when launchpool completely ended.
full member
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Binance lunch pool, I have tried it several times, but if the investment is high, then the person can get good benefit because you have to hold the BNB, if BNB price is high at which time launch pool finished then the benefit is very high.

But the problem is that the fund stuck with them as much as they are, then it also becomes clear that if the price of BNB decreases the we can face of loss.
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These projects which were announced by binance for staking launchpool, are successful. That's why people staking millions of dollar nowadays and so you'll get a little amount from launchpool. By staking 4/5 bnb, you'll get 6-8$ worh altcoins even pump 10x(example of manta). Recently xai, manta launchpools are over. I got some cents from their launchpool for xai lol. Usdt staking not much profitable, you'll get 8x less comparing to bnb. So people choice bnb but volatility matters when your staking bnb. Finally it's not that good at all
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