BingX Pre-Launchpool is a new product developed by BingX exchange, allowing users to stake early to receive reward points that can be converted into hot tokens before Launchpool. So what are the characteristics of BingX Pre-Launchpool? Let's learn about BingX exchange's Pre-Launchpool through the article below!
What is BingX Pre-Launchpool?
BingX Pre-Launchpool is BingX's exclusive new product that helps traders get ahead of the trend of hot tokens. It is considered an upgraded version of Launchpool, allowing users to stake and accumulate points to exchange for hot tokens earlier than Launchpool. The first Pre-Launchpool is a super hot token on the Ton system and is being awaited by the community for listing - HMSTR, displayed as PRE-HMSTR reward points.
Inheriting from Launchpool, pre-launchpool has the following 2 advantages:
- Time Optimization: Pre-Launchpool is opened before Launchpool, helping Traders maximize time for staking rewards.
- Flexible Stake & Unstake: You can stake or unstake assets from the reward pool at any time during the event.
- Maximize Profit: After the Pre-Launchpool ends, Traders can rotate capital to farm other launchpools to continue earning profits, maximizing profits.
Instructions on how to join Pre-Launchpool
➤ Step 1: Register for a BingX account
To participate in BingX Pre-Launchpool, you first need to have a KYC verified BingX account. If you don't have a BingX account yet, you can open one here.
➤ Step 2: Access BingX Pre-Launchpool
On the BingX homepage, click BingX Pre-Launchpool under "Spot"
➤ Step 3: Select the project you want to join Pre-Launchpool
Under "In Progress", click "Details" to join the pre-launchpool of your favorite project.
➤ Step 4: Stake the token/coin you want within the required time
Identify the token (or coin) you want to stake and click "stake" and enter the amount to confirm the action
➤ Step 5: Wait and receive bonus points
After staking is complete, reward points will be converted to HMSTR tokens at a 1:1 ratio.
What should I keep in mind when participating in Pre-Launchpool?
- Check project information: Always do your research before joining Pre-Launchpool projects.
- Staking duration: Each staking event usually lasts about 5 days. Stake early to maximize rewards.
- Minimum Staking Limit: It is important to note that each token/coin will have a maximum limit required for valid staking.
