What is launchpad in crypto?

Crypto launchpads, also known as Initial DEX Offering (IDO) platforms, specialise in the launch of new coins or crypto projects and the subsequent raising of liquidity . They are the cryptosphere’s next big thing, particularly in decentralised finance (DeFi).

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Should I invest in Launchpad?

There are two reasons why you might want to invest in a launchpad project. The first, and most common, is because you want to gain access to the projects launched via the platform . The second is because you believe that the launchpad’s native token will appreciate in value — or sometimes both.

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What is Binance Launchpool?

Binance Launchpool is a platform that lets users stake BUSD, BNB, or other tokens to earn new tokens for free . The number of tokens you earn is relative to the number of tokens you stake into the pool. Pools are available for a determined period, usually 30 days.31 Eki 2021

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