What is Bitget LaunchX? How to participate? Is the returns high and worth investing in?

Bitget LaunchX: In-depth analysis of the issuance activities of low-risk and high-return

Bitget LaunchX is a new currency issuance (IEO) activity launched by Bitget Exchange, allowing users to subscribe to newly launched cryptocurrencies at extremely low prices by staking designated tokens. This article will explore LaunchX's operating mechanism, earnings potential, risk assessment, and participation guide to help you fully understand this investment opportunity.

What is Bitget LaunchX?

Bitget LaunchX is similar to the stock market IPO, giving you the opportunity to get SGD at a discounted price before the project is officially launched. If the project performs well in the future, your investment returns will increase significantly. Its operating model is similar to the Launchpad activities of the Bitget Exchange, but LaunchX is not Bitget's only way to obtain new coins, as well as activities such as Launchpool and PoolX.

Equity and Conditions for Participation and Mining Rules

To participate in Bitget LaunchX, the following conditions must be met:

• Complete KYC authentication
• Share the designated tokens during the subscription period

The allocation rules are as follows:

The allocation of new coins for LaunchX = (user mortgage amount ÷ total mortgage amount for all users) × Total tokens sold in this LaunchX event

The higher the amount of the mortgage, the more shares of the new currency you get, but the more participants, the number of new currency you get per share will also decrease accordingly. After the subscription is completed, the new coins and unredeemed collateral tokens will be returned to your account.

Reward and Risk Assessment

The following table lists the annualized rate of return of some Launchpool activities:

币种	日期	认购价(U)	新币上线后1H价格	新币上线后1H涨幅
Fuel	2024/12/19	0.02	0.05356	167.8%
J	2025/1/22	0.5	0.7033	40.66%

Advantages of Bitget LaunchX:

• Low risk, high potential return: Get new coins at a low price, sell arbitrage immediately in the secondary market, or hold it for a long time to obtain potential returns.
• Asset activation: Make full use of existing assets and create additional returns.

Bitget LaunchX's disadvantages and risks:

• Fierce competition: There are many participants, and the number of new coins allocated may be limited.
• Liquidity Risk: Staked tokens cannot be withdrawn during lockdown.
• Risk of price fluctuations in collateralized currencies: A decline in collateralized asset prices will affect your overall income.
• Risk risk of price fluctuations in the new currency: Risk price fluctuations may lead to losses.
• Platform Risk: Platform Risk always exists and you need to choose carefully.

Security and reliability of Bitget Exchange

Bitget was established in 2018 and is a world-leading cryptocurrency contract exchange. It has licenses for regulatory agencies in Canada and the US MSB, and cooperates with many well-known security companies to ensure the security of the platform. Bitget discloses on-chain reserve information openly and transparently, and can verify its funding status through third-party platforms such as DefiLlama.

Conclusion

Bitget LaunchX provides a low-risk, high-potential return investment opportunity for novice investors. However, before participating, be sure to carefully evaluate the risks and make rational decisions based on your own situation. Before choosing to participate, be sure to fully understand the project information and do a good job in risk management.

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