Binance Launchpool and Launchpad – these are the differences.

The leading crypto exchange Binance has two programs, Launchpool and Launchpad, to spread new cryptocurrencies. For investors, Binance offers such good profit opportunities.

Customers of the world’s largest crypto exchange Binance have mostly already had good experiences with the Launchpool and/or Launchpad there. Those who invested in new cryptocurrencies via Binance Launchpad were consistently able to enjoy large profits. And those who showed interest in new cryptocurrencies via Binance Launchpool were also often rewarded with significant value growth. To illustrate the differences, let’s take a look at the details:

Binance Launchpad – using IEOs to lead innovation.

In January 2019, Binance announced that it would be bringing promising cryptocurrencies to market for the first time via its new Launchpad. Binance kicked off with BitTorrent Token (BTT), followed later by projects such as Polygon (MATIC) and Axie Infinity (AXS). The term Initial Exchange Offering (IEO) has become common for the method Binance uses for the Launchpad.

An IEO at Binance means that you, as an investor, can exclusively buy new altcoins if you deposit collateral (mostly in Binance Coin (BNB)) for it. Binance sells the new tokens via a multi-fine-tuned lottery system and the IEOs have so far always been oversubscribed many times over. Their success is based on the fact that Binance has carefully selected the projects pushed via the launchpad, which has resulted in splendid returns for investors in both the short and medium term.

MATIC, for example, would be up almost 50,000 percent by now if the polygons purchased at the Binance IEO had held up to today. But even those who immediately sold the MATIC allocated in the IEO in April 2019 could expect a good 200 percent profit. Because with an IEO, Binance combines the promise to also list the new Altcoins right away. This process meets the great demand and so the projects accepted at Binance Launchpad are quickly in the plus.

The Binance Launchpad concept has so far brought benefits for all parties involved: the new projects receive publicity and, via IEO, start-up capital comparatively easily. Binance demonstrates innovation through IEOs and motivates customers to hold Binance Coin (BNB) as a requirement to participate in IEOs. You as an investor can rely on a professional pre-selection of the projects presented there at Binance Launchpad and hope for consistently good short-term chances of profit as well as dream returns in the medium term.

Binance Launchpool – Entry into DeFi made easy

In September 2020, the Binance Launchpool was launched in response to the increasingly important DeFi division in the crypto industry. At Binance Launchpool, the focus is on DeFi projects and customers don’t even have to buy the young tokens there. At Binance Launchpool, you get rewarded for staking established altcoins like BNB or Binance USD (BUSD). The respective DeFi tokens, which are also listed on Binance in parallel, are then distributed to deposited funds at Binance Launchpool.

Projects such as ALICE, ALPHA or REEF have already generated returns of more than 1,000 percent with the Binance Launchpool. Word of the program has spread in the DeFi space and once again there are benefits for all parties involved. Young DeFi tokens get attention and Binance as an exchange, investors get promising coins without their own active financial investment, Binance ties customers and DeFi to itself.

Binance Launchpad and Launchpool in practice

Of course, you need a customer account at Binance to join Launchpool and/or Launchpad. In addition, credit in Binance Coin is almost always necessary and, in the case of Binance Launchpad, the willingness to invest in a new token. But that’s almost it.

Binance always announces new projects on its home page and from there it’s just a few clicks to sign up for ongoing promotions at Launchpool or Launchpad. Alternatively, you can check under the Binance Launchpad menu item at any time if and which projects are currently offered. We here at Block-Builders also frequently draw attention to new opportunities at Binance.

Conclusion: Launchpad and Launchpool from Binance

In June 2021, Binance did some math and came up with some impressive results when it came to Launchpool and Launchpad: Both programs together had distributed coins for about 143 million US dollars, which were then already worth almost one billion US dollars in the summer of 2021. The return on Binance Launchpad for investors who remained patient averaged over 1,000 percent, and for Launchpool it was still well over 100 percent. It is important to keep in mind that Binance Launchpad has been live for 18 months longer than Launchpool.

We can give a clear recommendation for Binance Launchpad and Launchpool from our own experience. There are no hidden fees and the IEOs at Binance Launchpad are just as transparent as the farming / staking at Binance Launchpool. With both programs you get in touch with innovative approaches in the crypto industry at an early stage and benefit from very attractive profit opportunities with clever timing.

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