Here's the short version: Binance Launchpool is a mining pool where you stake BNB, USDT, or FDUSD to earn newly listed tokens, distributed according to your share of the pool, with staking periods typically running 3-30 days. When the staking period ends, your principal is returned in full and any tokens you've farmed are yours to keep — free — and the new token starts trading on Binance's exchange right after. This is the lowest-risk way to "farm new tokens for free" in the Binance ecosystem. Start on the Binance Official Site and go to the "Finance" menu to find Launchpool; app users can find it under "Earn" → "Launchpool" on the Official Binance App; iPhone users who can't install it should check our iOS Installation Guide.
Launchpool is Binance's "liquidity mining" product for newly listed tokens. The mechanism is simple:
Throughout the entire process, your principal is never at risk — the only real cost is time and opportunity cost.
Open the Binance app or log into the website.
Web path:
Top menu "Finance" → "Launchpool."
App path:
Bottom tab "Earn" → look for "Launchpool" near the top.
The page shows:
Click into an active project to see:
Estimated APR swings widely — it can hit 500%+ the moment the pool opens, then drop quickly to double digits as more people stake.
If a project accepts multiple coins, choose whichever one you already hold.
If you hold none of these, buy some on the spot market first. It's generally best to always use idle BNB, since BNB can both participate in Launchpool and earn you a trading fee discount.
Click "Stake" → enter the amount → confirm.
You'll need to pass email and 2FA verification. Once submitted, the assets are deducted from your spot wallet and locked into Launchpool.
Important: mining starts the moment you stake, so the earlier you stake, the earlier you start earning. That said, staking a few hours before the start is still fine — Binance allocates rewards proportionally to the time you've been staked.
The "My Holdings" section of the Launchpool page shows:
Rewards grow every second, but they can't be withdrawn until the staking period ends.
Unlike fixed savings, Launchpool lets you redeem your staked principal at any time — there's no lock-up.
To redeem: click "Redeem" → enter the amount → confirm → funds land in your spot wallet instantly.
But once redeemed, that portion of your principal stops earning new-token rewards. Any rewards already farmed are unaffected and stay yours.
When the staking period ends (typically after 30 days):
Once the new token is credited, you can immediately:
| Step | Action | Time |
|---|---|---|
| 1 | Open the Launchpool page | 30 sec |
| 2 | Review project details | 5 min |
| 3 | Choose a staking pool | 30 sec |
| 4 | Stake your coins | 1 min |
| 5 | Track rewards in real time | Anytime |
| 6 | Redeem early (optional) | 30 sec |
| 7 | Claim rewards when staking ends | Automatic |
Actual historical returns from past Launchpool projects (annualized, based on the BNB pool):
| Project (example) | Staking Period | Average APR | Est. Return on 1,000 BNB Staked |
|---|---|---|---|
| High-demand new token | 7 days | 100-300% | ~19-58 BNB over 7 days |
| Moderate demand | 14 days | 30-80% | ~11-31 BNB over 14 days |
| Lower interest | 30 days | 10-30% | ~8-25 BNB over 30 days |
Actual numbers depend on the size of each campaign's reward pool and how the new token's price performs after listing.
Based on 2024-2025 data, Binance Launchpool APR has generally landed in the 10-200% range, with popular projects briefly touching 500%+ APR in the first few hours.
Typically BNB pool > FDUSD pool > USDT pool. Reasons include:
But BNB carries price volatility risk (BNB's price movements affect your fiat-denominated return), while USDT/FDUSD returns are more stable in fiat terms.
Advantage 1: Principal Is Never at Risk
The BNB, USDT, or FDUSD you stake is returned in full when the period ends, and the new tokens you earn are essentially "bonus" on top.
Advantage 2: You Can Redeem Anytime
Unlike fixed-term products, there's no lock-up — redeem the moment you need the funds.
Advantage 3: BNB Does Double Duty
Holding BNB in Launchpool doesn't stop you from also getting a trading fee discount in some cases — one balance, multiple uses.
Advantage 4: New-Listing Upside
New tokens you farm often see a pop in price right after listing due to launch-day hype, so selling at the open can capture extra gains.
Advantage 5: Long-Term Compounding
New Launchpool campaigns launch weekly or monthly, so continuously rolling your BNB holdings into them can add up to meaningful compounded returns over time.
Risk 1: The New Token Drops Below Its Opening Price
If the token you farmed drops right after listing, your fiat-denominated return can shrink sharply. In a worst case, a token that opens at 100 and falls to 10 means the 100 tokens you farmed end up worth only a tenth as much.
Risk 2: BNB Price Volatility
If BNB drops sharply while you're staking it, your principal loses value in fiat terms.
Risk 3: APR Gets Diluted
As more people stake, everyone's share shrinks, and APR can fall quickly from an opening 500% down to under 50%.
Risk 4: New Tokens Get Dumped
Some project teams or early holders sell heavily right at listing ("dumping"), which can push the new token's price down fast.
Risk 5: Participation Barrier
There's no hard requirement, but higher-reward pools generally favor BNB holders. Users with no BNB at all end up with smaller shares in the USDT/FDUSD pools.
Tip 1: Watch the Start Time Closely
APR is highest in the first few hours of a new project (fewer participants) — staking early captures the biggest return.
Tip 2: Use BNB Instead of USDT
The BNB pool's reward share is usually higher. It can be worth converting some USDT into BNB specifically for Launchpool.
Tip 3: Hold BNB Long-Term and Roll It Into Every Campaign
As long as there's an active Launchpool campaign, your BNB can be mining — it's almost a "passive side income" for BNB holders.
Tip 4: Sell at Listing vs. Hold Long-Term
New tokens tend to be overpriced right at listing due to launch hype, so in most cases selling immediately at the open locks in the safest return. A small number of clearly undervalued projects may be worth holding longer.
Tip 5: Compare APR Across Pools
The Binance app shows APR for each pool, and sometimes the BNB pool's APR is lower while the FDUSD pool's is higher (or vice versa). Check several pools and pick whichever has the best APR.
Q: Do I need KYC to participate in Launchpool? A: Yes. All of Binance's earn products require completed KYC verification.
Q: How much can I stake per project? A: Each project sets a per-user cap (usually a few thousand to tens of thousands of BNB, or several million USDT) to prevent whales from dominating the pool. Check the specific project page for exact limits.
Q: Does BNB staked in Launchpool still count toward my fee discount? A: In some cases, yes — BNB staked in Launchpool can still be partially used for fee discounts when trading, depending on Binance's current rules.
Q: Can I still join if I missed the start time? A: Yes. You can join Launchpool at any point during the staking window — it's not a fixed-time-window event like an IDO. That said, joining later means earning less overall.
Q: Will the tokens I farm be tradable right away once listing happens? A: Yes. Within a few hours of the staking period ending, the new token opens for trading on Binance's spot market. Binance announces the exact listing time in advance.
Q: Can I stake BNB from my margin account into Launchpool? A: No. Launchpool only accepts assets from your spot wallet.
Q: What's the difference between Launchpool and Launchpad? A: Launchpool is staking-based mining (stake BNB and similar coins to earn new tokens for free). Launchpad is a new-token IDO (subscribe with BNB and similar coins to buy new tokens proportionally). The two mechanisms are different.
Q: Roughly how many Launchpool projects run each month? A: Binance typically runs 2-5 Launchpool projects per month, sometimes weekly during hot periods. Follow Binance's announcement page or our site for updates.
If you have idle BNB or USDT sitting in your account, keep an eye on Binance's announcement page for new Launchpool projects. Every one you join is another chance at a free new-token reward.