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What is Binance Launchpool and how do you get the maximum gains from it? This video will give you the answer. DISCOUNTS: 10 % discount on Binance: https://www.binance.com/en/register?r... Start your BlockFi account today and earn up to $250 in bonus!: https://blockfi.com/?ref=9aae0673 BINANCE LAUNCHPOOL: What is Binance Launchpool? Launchpool lets you use your tokens (BNB tokens) to farm (earn) a new token, for free. The amount of tokens you earn each daily is proportional to the number of tokens you have subscribed to the pool vs the total number of tokens subscribed to the pool. You can earn the new token over a set period, usually 30 days. Binance often opens trading of the token on the 7th day of farming, at which point you can immediately trade any tokens you have earned. The tokens you earn are calculated hourly, and you can harvest your pending rewards at any time. Basically, you get to accumulate a brand new coin, prior to (and after) a guaranteed listing on Binance.com, for free. BINANCE COIN (BNB): BNB was launched through an initial coin offering in 2017, 11 days before the Binance cryptocurrency exchange went online. It was originally issued as an ERC-20 token running on the Ethereum network, with a total supply capped at 200 million coins, and 100 million BNBs offered in the ICO. However, the ERC-20 BNB coins were swapped with BEP2 BNB on a 1:1 ratio in April 2019 with the launch of the Binance Chain mainnet, and are now no longer hosted on Ethereum. BNB can be used as a payment method, a utility token to pay for fees on the Binance exchange, and for participation in token sales on the Binance Launchpad. BNB also powers the Binance DEX (decentralized exchange). TIMESTAMPS: 00:00 - Intro 00:33 - What is Binance Launchpool 01:24 - How to join a launchpool on Binance 06:25 - How to research the launchpool project 08:13 - Pros and cons of Binance Launchpool 09:29 - How to maximize your profits on Binance Launchpool 14:35 - The APY development during the launchpool period MUSIC: Guitar House - Josh Pan DISCLAIMER: The information in this video is for educational purposes only and is not investment advice. Please do your own research before making any investment decisions. Cryptocurrency investments are volatile and high-risk in nature. Don't invest more than what you can afford to lose. I make no representations, warranties, or assurances as to the accuracy, currency, or completeness of the content contained in this video or any sites linked to or from this video. #binancelaunchpool #binance #crypto #blockchain #binancereferral #BNB #Binancecoin #staking #tokenlaunch