Quote from: Nuxxorcoin on June 10, 2019, 12:27:03 AM

Hello there

I'm here with a new visual guide. I'm trying to help people to grasp as easily as possible while doing this. Let's move on without mentioning the word. First of all, I need to mention that this type of investment involves a significant degree of risk !! Join the IEOs regarding these.

Binance has introduced innovations and regulations on the IEO (Initial Exchange Offering, a new generation fund management method managed on a crypto exchange with a token project), which was launched a few months ago by the Binance Exchange and everyone complains about problems. Now let's look at these innovations;

Binance introduced the "Lottery" system to overcome the chaos experienced by those wishing to join the IEO. It is also necessary to comply with certain conditions for participation

Quote from: mindrust on June 03, 2019, 03:08:24 PM

1- 50 BNB must be accounted at 8 days snapshot time (23:59:59 UTC), (This means that you must have a full 50 BNB account at this time (from 23:59:59 UTC- 03:00 at night). Then you can buy and sell during the day, but they will check at these times for 8 days.)
2- 1 ticket up to 100BNB, one ticket for each 100BNB above it and a maximum of 5 tickets over 500BNB..
3- 30% chance of tokento each ticket.
4- Each winning ticket will be given a $ 300 token. (max $ 1500 investment is possible)

After specifying the prerequisites for participation, How to Use Binance Launchpad Let's move on ..

- You must first log in to your Binance account . If you don't have a Binance account, you need to create one to access Launchpad.

- After logging in to your Binance account, you should select Binance Launchpad from the drop-down options to the left of the top menu.

- In the new screen that opens, you will reach the Binance Launchpad page and you will be greeted by a dashboard with all IEO projects. There is also clear information about the status of the IEOs that you will be able to get information about the status of the projects, or whether the new IEO will be entered

- You can follow the instructions on which Coin IEO you want to join by clicking on it. For example, the picture below shows all the information about the Harmony IEO and how it is involved, how many tickets hit and how much sales are made.

- If the IEO of Coin in ACTIVE SALES is available for purchase, clicking on BUY will take you to the page, a form that specifies the conditions for joining the Launchpad. By performing a 4-step verification and KYC process on this page, you also fulfill all the requirements to participate in the launchpad.

In this page you need to do the necessary KYC transactions, but if you have done KYC during the Binance registration, you do not need to do KYC again.

After fulfilling all the necessary requirements and completing the approval process successfully, there is not much left. Just keep a certain number of BNB amounts in your account for certain periods of time. Then it's time to earn.

If you think there is an error or if you have chapters you want to add, please let me know immediately..

This article is written for informational purposes only and is NOT an INVESTMENT ADVICE.

Thanks for the insight because I personally didnt know an investor needs to own BNB before investing on an IEO. So I would recommend your post to everyone who also didn't understand and would probably think wrong about the Binance IEO