#Lounchpool Binance’s Launchpool and Launchpad are platforms designed to support new cryptocurrency projects, but they serve different purposes:
• Launchpool allows users to stake existing tokens (like BNB) to earn rewards in new tokens over time, requiring a minimum of 0.1 BNB to participate.
• Launchpad is an Initial Exchange Offering (IEO) platform where users can purchase new tokens directly, often requiring a higher minimum investment (previously 50 BNB) for a chance to buy at a discounted rate.
Both platforms help promote and fund emerging projects within the Binance ecosystem.