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About to try my first-ever launchpool, wish me luck

By LeftFooted | bitcoinea | 21 Jun 2023


I'm gonna own up to something: I've never tried Binance's Launchpool features.


But I'm about to.


For reasons that I can't understand and can't be bothered to explore, I can't buy crypto through Binance.

So I used a different platform, bought some BTC, sent it to Binance, and will then convert it to TUSD.


Once my TUSD is there, I'll stake it to earn MAV.


I'm pretty sure I'll then convert everything back to BTC, just saying.


Ever since the FTX and BlockFi fiascos, I've changed the way I do things.


Before FTX and BlockFi (lost no money on FTX, about $200 on BlockFi at today's rate) I would keep perhaps 70-80% of my coins in exchanges, after the chaos, I moved 90% to hot wallets and cold wallets.


I still stake, but it's only a minor percentage, and never through Launchpools anyway.


Wish me luck.


Also, if you're more familiar with this feature than I am, do let me know what you think in the comments.

How do you rate this article?

7


LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


bitcoinea
bitcoinea

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