What is Bybit Launchpad? Guide to Participating in Launchpad on Bybit

What is Bybit Launchpad?

Bybit Launchpad is a token launch platform that allows users to invest early in projects launched on the Bybit exchange. This product acts as a bridge between project developers and potential investors, ensuring the token launch process runs smoothly and transparently.

To be listed on Bybit Launchpad, projects must undergo a rigorous screening process with strict selection criteria, ensuring high quality and strong growth potential.

Currently, Bybit Launchpad has launched 30 projects with nearly 2 million users and committed funds exceeding $4 billion (as of the time of writing).

Related: What is Bybit? A Comprehensive Review of the Bybit Exchange

Why participate in Bybit Launchpad

• Credibility: Bybit Launchpad serves as a launch pad under the Bybit brand, ensuring that all projects available for sale have been carefully vetted and selected. Investors can be confident in the credibility of the projects being sold through IEO on major exchanges like Bybit, Binance, etc.
• High demand: Projects sold through IEO on major CEX platforms always attract a large audience. The IEO sale price is usually lower than the listing price and is considered a “preferential price,” attracting many retail investors.
• High liquidity: According to CZ, the former CEO of Binance: “Even if you hold an asset worth $1 billion but no one wants to buy it, it’s not worth as much as an asset worth $100 million that many people want to trade.” This emphasizes that demand and liquidity are crucial factors in deciding whether to invest.

How to participate in Launchpad on Bybit

To participate in Launchpad on Bybit, you need a Bybit account with KYC completed, along with USDT or MNT tokens. https://partner.bybitglobal.com/b/82052

Open a Bybit Account to Participate in Launchpad!!!

Step 1: Access “Trade” -> “Spot X” -> “Launchpad” on the Bybit interface.

Step 2: Select the project you want to join in Launchpad (at the time of writing, no projects are currently being sold on Launchpad).

Step 3: Choose the pool you want to buy tokens from (there are two pools: one for USDT and one for MNT, and you can participate in both pools).

Step 4: Wait for about 3-5 days for the event to end. If you successfully purchase tokens, the amount of USDT or MNT will be deducted from your committed funds.

Step 5: The tokens you receive and the remaining USDT or MNT will be sent back to your spot wallet.

Conclusion

This article has introduced Bybit Launchpad and how to participate in it. If you have any questions, please leave a comment to get answers right away!