![]() As we write this, that button didn’t work because the sale had not started yet, but it will be active when the time comes. If you’re following us while using your Binance account so far, you’ll see that the general information about the project’s IEO event is at the top and it includes the following information: price, start time, session supply, starting date and hour. There you’ll find the project’s information in full detail. Among other pieces of data, you’ll find the number of tokens scheduled to be sold during the session, as well as the starting time.Įach project has a dedicated page within the platform, and you can see it by just choosing the project that interests you and click on it. The projects on the left are about to start selling tokens, and you can find an abstract detailing the launch’s primary information. Each project’s status is carefully described to provide a full understanding of each project’s situation. There, dead center, you’ll see the featured projects at the launch pad. You’ll arrive at the platform’s home screen. The option will show as part of a drop-down. Find the menu’s top left of the menu and click “Binance Launchpad”. The initial process doesn’t even take three minutes it’s effortless and direct (afterward you will need to prove your identity, but more on that later). Since IEOs are becoming so popular, especially when launched at Binance over Binance Launchpad, we will use this article to offer you a thoroughly detailed guide so you can start using the platform and join in all the fun sometime in the near future by entering one of the planned events for fundraising. Following Binance’s spectacular success in this regard, five other exchanges are taking a page from Binance’s book to come up with Initial Exchange Offering platforms of their own. They are Okex, KuCoin, and Bittrex, among others. And that, again, created massive interest in a big chunk of the crypto community.īinance is calling these kinds of events “Initial Exchange Offering,” and that’s how it’s marking the commencement of massive exchanges using its platform to come online. ![]() ![]() The tokens in question saw their prices soar after the Binance listing went live. It was even more rapid: USD 6 million in a very impressive ten seconds. Binance’s Launchpad’s second fundraiser was in support of Fetch.AI. The move also winked at the possibility of ICOs making a spectacular comeback, more or less as it was in 2017.īTT hasn’t been the only success story so far. It took fewer than 15 minutes to raise USD 7.12 million, which made the whole community pay a bit of attention. It’s a coin based on Tron’s token technology that will power the BitTorrent P2P decentralized network as it merges into Tron’s blockchain network. Perhaps the most expected launch so far was the BitTorrent Token one ( BTT). The thing about Binance is that it’s the world’s biggest cryptocurrency exchange by trade volume, and it’s probably the exchange with the broadest selection of trading pairs.Įarlier this year, in January, to be precise, the company announced that it would take advantage of its Binance Launchpad platform to raise funds for new tokens at the tune of one per month, more or less. It’s even issued its very own digital token, called BNB. ![]() It was based initially in China, but then it moved to Japan as the Chinese government banned cryptocurrency trading in 2017.īy now it also has offices in Taiwan and Malta, which is one of the most cryptocurrency-friendly countries in the word. It was founded in 2017 by Changpeng Zhao and Yi He. You’ve undoubtedly heard about Binance before.
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