How to Participate in an IDO on BSClaunch

BSClaunch Official
4 min readJan 25, 2024

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Embarking on the realm of Initial Decentralized Offerings (IDOs) within BSClaunch can prove to be a gratifying journey. This guide aims to demystify the whitelisting process, elucidate the holding mechanism, and provide a step-by-step walkthrough on seamlessly participating in an IDO.

1. Get-to-know about BSClaunch and IDO

About BSClaunch:

BSClaunch stands as a next-generation DeFi platform grounded on the Binance Smart Chain, providing a decentralized arena for projects to raise capital. Serving as an ecosystem launcher, BSClaunch furnishes a comprehensive suite of DeFi solutions, ensuring safety, freedom, and equal opportunities for community investors. Beyond being a mere launchpad, it facilitates multi-product projects, fostering a collaborative and innovative ecosystem.

Understanding Advantages of IDO (Initial DEX Offering)

  • Helps projects raise capital at early development stages in an easy way. Therefore, they can grow their products better.
  • High return on investment (ROI) since IDOs happen pre-TGE. Investors can buy tokens at almost guaranteed lower prices than the secondary market.
  • More cost-efficient with a faster procedure process compared to IEO.
  • Offers investors high-profit investments at pretty low risks as IDO platforms have filtered the highest quality projects before listing their IDOs.

2. How to participate in an IDO of BSClaunch

Step 1: Discovering Upcoming IDOs

To stay abreast of forthcoming IDOs, immerse yourself in our official Telegram announcement channel, Twitter, and the dynamic community chat. These platforms offer real-time updates, insightful discussions, and an opportunity to connect with like-minded investors.

Announcement Channel: www.t.me/Bsclaunchchannel
Community Chat:
www.t.me/Bsclaunchgroup
Twitter:
www.twitter.com/BSClaunch

Step 2: Joining The Whitelisting Process

Securing a spot in an IDO requires proactive measures. Follow these refined steps

  1. Enable Notifications of Telegram channel and Twitter for the latest updates.
  2. Identify and join a whitelist associated with your preferred project.
  3. Complete straightforward tasks in the whitelisting form, such as furnishing information and wallet details, and engaging in social media shares.
  4. Scrutinize Whitelisting Details meticulously disseminated by BSClaunch.

Learn about our IDO mechanism (Holder/Farmers/Non-Holder)

Currently, BSClaunch offers three ways to participate in IDO events:

1. Buy and hold tokens to receive an allocation aligned with your tier. $BSL holders will also have the privilege of participating in special Airdrop events organized by BSClaunch and partners.

2. Farming to receive LP Tokens, you will receive an allocation equivalent to your achieved tier. In addition, you can still keep farming to accumulate your rewards while you get yourself a chance to be one of the early investors in our potential projects (recommended) ✅

3. Sign up for our community whitelist and do a few simple steps to get yourself the chance to join IDO free

For further details, please read the full article here: Ranking System Policy Updates for BSClaunch

Step 3: Participating in the IDO

1. Visit www.app.bsclaunch.org/pools

2️. Connect your MetaMask wallet (BEP-20)

Don’t know how to connect your MetaMask wallet on our App? Check out our tutorial here: https://t.me/Bsclaunchchannel/297

3️. Select your pool & make sure you join the correct pool and whitelisted. Once the IDO starts, click the “Join Pool” button

4️. Approve the allocation amount in BUSD (max allocation will be shown)

5️. ️ Approve your transaction, and set the “Custom spending cap” at default

6️. Once confirmed, wait for the pool time to finish before claiming your token

Please note:

  • The contract address will be announced by the team through our official Telegram & Twitter channels only. Please beware of the fake contract address.
  • Always check the URL you’re visiting: BSClaunch.org

About BSClaunch

BSCLaunch is an intelligent investment platform based on the Binance Smart Chain, enabling projects to raise capital in a decentralized environment and the community to invest with safety, freedom, and equal opportunity. BSClaunch isn’t just another launchpad; we are an ecosystem launcher that provides a full suite of Defi solutions.

Follow BSCLaunch on:

🔗 Website 🔗 Twitter 🔗 Channel 🔗 Telegram

✔️ Buy $BSL token: PancakeSwap
✔️ Farming Pool: B-Farm
✔️ Staking Pool: B-Stake

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BSClaunch Official

Incubation accelerator for entrepreneurs to create moonshot projects. #IDO #IGO Launchpad, Yield Farming. Top connections in crypto spaces — $BSL #Crosschain