What Is Bitget Launchpool and How to Participate?
[Estimated Reading Time: 3 mins]
Bitget Launchpool is a platform that allows users to lock their assets and earn newly listed or popular tokens for free. By staking BGB or other designated tokens, users receive airdropped rewards based on their staking amount and duration. This guide explains how Bitget Launchpool works and how you can participate.
How does Bitget Launchpool Work?
Bitget Launchpool enables users to earn new tokens through staking. The process involves:
-
Locking assets: Stake supported cryptocurrencies, such as BGB in specific pools.
-
Earning rewards: Receive new tokens as airdrops, calculated based on the staking amount and period.
-
Flexible redemption: You can unlock your tokens at any time unless the pool has specific restrictions.
How to Participate in Bitget Launchpool?
Step 1: Access Launchpool
-
On the web: Click Launchhub in the top navigation bar, then select Launchpool.
-
On the app: Tap the user icon in the top-left corner, go to Rewards, then select Launchpool.
Step 2: Choose a Staking pool
-
Browse the available Launchpool projects.
-
Review the staking requirements, estimated APR, reward distribution details, and any individual locking caps.
Step 3: Stake Your Assets
1. Select the pool you want to join.
2. Enter the amount of tokens to stake.
3. Confirm your participation. Your assets will start generating rewards automatically.
Step 4: Claim Your Rewards
-
Rewards are issued every hour and can be viewed under Assets > Earn Account > Transaction History > Launchpool.
-
You can claim airdropped tokens at any time.
Step 5: Unlock Your Assets
-
If you want to withdraw your staked assets, go to Earn Account, switch to the Launchpool tab to unstake.
Key benefits of Bitget Launchpool
-
Earn new tokens for free: Simply stake supported assets and receive airdropped tokens.
-
Flexible staking: Lock and unlock tokens at any time, unless otherwise stated.
-
Zero fees: No additional fees for staking or claiming rewards.
-
High APR potential: Some pools offer competitive estimated APRs.
-
Early access to new projects: Get tokens before they are publicly available.
Things to consider before participating
-
Eligibility: Only verified Bitget users can participate. Users from restricted regions (such as the U.S., Singapore, and North Korea) are not eligible.
-
Locking limits: Each pool may have an individual staking cap per user.
-
Reward distribution: Airdrops are calculated hourly and distributed periodically.
-
APR calculation: Estimated APR is based on the total locked tokens and distributed rewards, updated hourly.
FAQs
1. What is Bitget Launchpool?
Bitget Launchpool is a staking platform where users can lock BGB or other designated tokens to earn free airdrops of newly listed or popular tokens.
2. Who can participate in Bitget Launchpool?
Only verified Bitget users can participate. Users from restricted regions (such as the U.S., Singapore, Cuba, Iran, Syria, Sudan, and North Korea) are not eligible.
3. How are rewards calculated and distributed?
Rewards are calculated hourly based on the total locked amount in the pool and distributed periodically. You can view your rewards under Assets > Earn Account > Transaction History > Launchpool.
4. Is there a limit to how many tokens I can stake?
Yes, each pool has an individual staking cap per user. Check the specific pool’s details for the maximum staking limit.
5. Can I withdraw my staked tokens anytime?
Yes, you can unstake your tokens at any time by going to Earn Account, selecting the Launchpool tab to unstake your tokens.
Join Bitget, the World's Leading Crypto Exchange and Web 3 Company
Share
