What is Bitget LaunchX and how to participate?
[Estimated reading time: 5 minutes]
Bitget LaunchX is an advanced token distribution platform designed to connect Web3 users with high-quality blockchain projects. It offers flexible token issuance models, including public sales and airdrop-based distributions, ensuring fair, transparent, and community-driven participation.
This guide explains how Bitget LaunchX works and how you can take part in upcoming token launches.
What is Bitget LaunchX?
Bitget LaunchX is a tailor-made early token distribution platform that enables users to acquire project tokens during their initial launch phase. It provides multiple participation models, catering to both retail investors and long-term ecosystem supporters.
LaunchX benefits both users and project owners:
-
For users: A secure and efficient way to discover and participate in promising early-stage crypto projects.
-
For project owners: A reliable token issuance platform that offers broad exposure, structured distribution, and community engagement.
Key Features of Bitget LaunchX
1. Flexible distribution models – Supports public sales (early access to token sales) and airdrops (free token distributions, including quest-based airdrops).
2. Long-term commitment – Incorporates vesting schedules to encourage long-term project support.
3. Customizable options – Allows projects to set identity verification rules, pricing strategies, and participation criteria.
4. Community inclusion – Ensures broad participation while complying with regional regulations.
5. Multiple token options – Accepts various cryptocurrencies (e.g., USDT, BGB, USDC) for subscription.
How to Participate in LaunchX on Bitget?
Step 1: Navigate to the LaunchX Page
-
For App: Open the Bitget app and go to LaunchX in the menu.
-
For Website: Navigate to Launchhub > Launch X from the top navigation bar.
Step 2: Select a Project
1. Browse the list of available projects.
2. Carefully review key details, including the Sale Price and Individual max commit.
3. Click Subscribe now on the project you want to participate in.
Step 3: Commit Your Tokens
1. Enter the amount of cryptocurrency you want to commit in the pop-up menu.
2. Click Confirm to finalize your subscription.
Step 4: Receive Your Tokens
1 . After the distribution period ends, your allocated tokens will be credited to your Spot account.
2. If the final allocation is lower than your committed amount, any unused funds will be refunded to your Spot account after the event.
FAQs
1. Do I need KYC verification to join LaunchX?
Yes, all participants must complete KYC verification to ensure security and compliance.
2. Can I withdraw committed funds before the distribution?
No, funds are locked until the allocation process is complete.
3. How are exchange rates calculated for non-USDT commitments?
A snapshot price of the committed token is taken over a set period to determine the final exchange rate.
4. What happens if I don’t receive the full token amount I subscribed for?
Any unused funds will be refunded to your Spot account after the distribution process.
Join Bitget, the World's Leading Crypto Exchange and Web 3 Company
Share
