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How to Earn Passive Income with Binance Launchpool

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A very great and best source of earning is #binance Launchpool. Here on a monthly basis new tokens are coming and by staking you get new tokens.

First let us understand what Launchpool is. It is a running feature of #binance where thousands of users are earning profit.

To access Launchpool it is necessary for you to have an account on the #binance exchange. This feature is more beneficial for those users who are holding #bnb. Besides this those who hold #fdusd will also get profit.

FDUSD is a stablecoin just like #hbd while #bnb is the native coin of Binance.

For staking in Launchpool it is necessary to have either of these two coins otherwise staking will not happen. #bnb is better because by holding it you can earn maximum profit.

You have to go to Launchpool and click on #bnb staking. Whenever a new coin is going to be launched it first comes in Launchpool and through staking you start receiving new coins.

Approximately this staking continues for 4–5 days and in a month 3–4 coins are launched. As far as my idea is concerned you can easily earn around 2–3% APR.

The risk here is that if you have invested in #bnb then there is a chance that its price may go down but if you have invested in #fdusd then it is safe all the time because it is a stablecoin.

By holding #bnb you keep getting maximum profit while with FDUSD profitability becomes lower.

THANK YOU!

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