Do you know you can get a coin before everyone else using the Bybit launchpad?
The Bybit launchpad has done pretty well, most of the tokens that launched through it have done at least 1000% in their first week.
Take a look at how well they did:
- Kasta did 2098%
- Real did 1851%
- CBX did 1228%
So far, 19 coins have been launched through this launchpad and they have all done quite well.
Join me as I walk you through the process of getting a coin before anyone else.
Table of Content
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Why Do Launchpads Exist?
Project builders need money to make their projects a reality.
To raise this money, they conduct IDOs or ICOs or go through Launchpads.
When the project becomes a success, it reflects in the price of the token.
Those who bought the tokens will then make a profit.
Launchpad owners use launchpads to introduce a new project to their communities and give them the opportunity to buy the token at the cheapest price.
Most of the time, the project is vetted to confirm that it is not a scam, but profits are not guaranteed.
Bybit uses its launchpad to introduce new projects to its over 10 million users.
So far, there have been 19 projects in the Launchpad, 3.4 billion dollars have been raised, and over 1 million persons have participated.
Now let’s get to the main gist.
How To Get a Coin Before Everyone Else Using Bybit Launchpad
i. To take part in the Bybit launchpad, you must have a verified Bybit account.
If you don’t have one, click on this link to sign up.
Then complete KYC and download the Bybit App on Google Play Store or App Store.
Note: You will need an ID document to get verified. See how to do it here.
Also, you stand the chance to earn up to a $50 bonus on your first deposit.
ii. Once your account is ready, go to the homepage and select ‘launchpad’
iii. You’ll see a list of all the available projects. Then you choose the one you wish to invest in.
At the moment (28/09/2022),19 projects listed on the launchpad have been launched.
The most recent project, MIBR launched on 27th September 2022.
There are two ways to partake in the Bybit launchpad:
- Subscription in BIT
- Lottery support in USDT
Subscription In BIT
For this option, you must own BIT, the native token of Bybit.
With your BIT, you can then subscribe to receive the tokens of any project of interest.
The number of new tokens you’ll receive depends on the total allocation and the amount of BIT that you committed.
Let’s say, your BIT in the subscription is 0.1% of the total subscription.
It means you will be able to buy 0.1% of the total number of tokens allocated.
The worth of this would then be taken from your BIT after the subscription period and the rest returned to you.
Lottery Support In USDT
For the lottery support in USDT, If you commit $100 for a lottery ticket and the ticket wins, you will receive tokens as a reward.
Each of the tokens you will receive is equal to one USDT. But if you don’t win, you will get back your 100 USDT.
Wonderful, isn’t it?
Generally, to take part in the launchpad, you would have to qualify for it during the snapshot period.
You need to have at least 100 USDT or 50 BIT in your account, either in the Spot, Derivative, Funding, or Earn wallets.
Now, a new project, PUMLX just got listed.
To participate, you need a minimum of 50 BIT or 100 USDT, just as described above.
When you commit 50 BIT, you stand a chance to receive 5000 PUMLX tokens.
And if you buy a 100 USDT lottery ticket, you’ll receive 180 PUMLX tokens if your ticket wins.
Click on this link for more details.
Conclusion
We’ve come to the end of this post. I hope it was worth your time
Now I’d like to hear from you:
What do you think about the Bybit launchpad?
Have you tried it before? Or will you be trying it soon?
Which other ways do you think you can get a coin before everyone else?
Let me have your thoughts and ideas in the comments section below.
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