Learn and Earn: Uncovering All The Details Behind Bitget Launchpad
Are you an investor looking for the next big thing? Are you tired of searching through countless projects and not finding the right fit? Look no further than Bitget Launchpad.
Launched in 2018, Bitget is now the dominant crypto derivatives trading platform with multiple innovative products, one of which is Bitget Launchpad. Since January 2022, Bitget Launchpad has offered IEOs (Initial Exchange Offerings) to a total of six projects. Join us as we introduce you to the basics of Bitget Launchpad and the world of low-hassle IEOs.
Quiz
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What is Bitget Launchpad?
Bitget Launchpad is a platform that grants users exclusive early access to potential new cryptocurrency tokens from various projects. Project owners can tap into Bitget's wide-ranging community and extensive resources to build the next global brand.
How to join Bitget Launchpad?
In order to enroll in an IEO on Bitget Launchpad, you have to prepare the following requirements:
- BGB: You have to hold BGB to earn your lottery tickets.
- KYC: You must pass the KYC Verification in order to use Bitget’s features.
Step 1: Visit Bitget website and create a new account or log in your existing one.
Next, select "Launchpad" from the Home page's menu.
Step 2: The IEOs can be seen here. At the moment, Panda Farm IEO is ongoing on Bitget Launchpad. Click on “View project” to see more.
Step 3: From here, you can join the IEO by holding your BGB. Click on “Registration”
Step 4: Your estimated tickets can be viewed on the dashboard.
How does Bitget Launchpad calculate your lottery tickets?
To participate in Bitget Launchpad IEOs, users have to hold their desired amount of BGB. To calculate your ticket eligibility, a snapshot of your spot account will be taken daily at a random time to determine your daily average BGB holdings.
Your Average BGB Holding Amount |
Ticket(s) |
100 ~ 500 BGB |
1 ticket |
501 ~ 2,000 BGB |
2 tickets |
2,001 ~ 10,000 BGB |
5 tickets |
10,001 ~ 30,000 BGB |
10 tickets |
Notes:
i) BGB in your Futures, Copy-Trading, Margin, Earn, Launchpool, P2P and Trading Bonus accounts will be excluded from the calculation.
ii) Daily Average BGB Holdings = Sum of daily BGB average in spot account.
Example: John holds 500 BGB, 400 BGB and 1,000 BGB on three respective days. John’s average BGB holding amount will be calculated as (500 BGB + 400 BGB + 1,000 BGB) / 3 days = 633.33 BGB. Therefore, John will get 2 tickets.
iii) Daily snapshots will occur at random times.
iv) Pending orders are included in the calculations.
v) Purchases are capped at 10 tickets per user.
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