Discovering the Best Crypto Launchpads with High ROI
If you’re interested in investing in cryptocurrency projects before they hit the market, crypto launchpads are a great option. These platforms allow users to invest a small amount in upcoming tokens and typically offer excellent earning opportunities. In this article, we will rank the exchanges based on the average return on investment (ROI) presented by the tokens launched through their launchpads in 2023.
Understanding Crypto Launchpads
A crypto launchpad is a platform used to initially launch a cryptocurrency through a programmed distribution. It often offers a high ROI to investors. The most well-known launchpads are those of centralized exchanges like Binance, Kucoin, OKX, Bitget, and Bybit. However, there are also decentralized versions available for DeFi enthusiasts.
The process of investing in these launchpads is similar across centralized exchanges. The launchpad starts with the exchange announcing the cryptographic project and the cryptocurrency that will be sold to customers. However, only those who hold a stake in the native token of the exchange can participate.
To enter the launchpad’s calculation phase, you need to hold a balance of the exchange’s cryptocurrency for a certain period. Generally, the more tokens you hold, the higher your investment capacity.
Once the calculation phase is complete, you can move on to the subscription phase where you express your willingness to participate and allocate a portion of your investment. However, it’s important to note that whales who own large sums of money have an advantage in allocating larger amounts.
After the subscription phase, participants receive their allocated tokens, and the crypto is listed on markets.
The Best Exchanges with High ROI in 2023
Now let’s explore the centralized platforms that have offered the highest average ROI in 2023. By comparing the initial listing prices with the current prices of the launched cryptocurrencies, we can determine the profitability offered by each platform.
Here are the best launchpads of 2023 based on ROI:
- OKX JUMPSTART: Average ROI of 3.457%, equivalent to a 34.56X return on investment.
- BINANCE: Average ROI of 2,901%, equivalent to a 29.01X return on investment.
- BITGET: Average ROI of 2.535%, equivalent to a 25.35X return on investment.
- KUCOIN SPOTLIGHT: Average ROI of 2,330%, equivalent to a 23.3X return on investment.
- BYBIT: Average ROI of 1.511%, equivalent to a 15.11X return on investment.
- BITMART: Average ROI of 509%, equivalent to a 5.09X return on investment.
- GATE.IO STARTUP: Average ROI of 356%, equivalent to a 3.56X return on investment.
- BITFOREX: Average ROI of 149%, equivalent to a 1.49X return on investment.
Investing in launchpads can be advantageous if you already own the exchange’s cryptocurrency and can earn additional yield. However, it’s important to consider market conditions and competition before making an investment decision.
Hot Take: Exploring Lucrative Opportunities with Crypto Launchpads
Crypto launchpads provide an exciting opportunity for investors to get in early on promising cryptocurrency projects. By investing through these platforms, you can potentially earn significant returns on your investment. The top centralized exchanges offering launchpads, such as OKX, Binance, and Bitget, have consistently delivered high average ROIs in 2023.
However, it’s crucial to remember that investing in launchpads requires careful consideration. You need to hold the exchange’s native token and calculate your investment capacity based on your token balance. Furthermore, market conditions can impact the success of these investments.
If you’re willing to take calculated risks and stay informed about upcoming projects, crypto launchpads can be a lucrative avenue for diversifying your crypto portfolio and generating additional income.