Participating in a crypto exchange’s Launchpool or Jumpstart event allows you to earn new tokens with zero cost—simply by temporarily lending your existing coins to receive extra rewards.
These new tokens are typically part of a project’s community promotion budget. By staking your coins, you get a share of that allocation.
Different platforms offer varying approaches. Choosing the right event can help you maintain your holdings while improving asset efficiency.
Understanding Launchpool and Jumpstart
Crypto exchanges regularly introduce Launchpool or Jumpstart events—often referred to as “new coin mining” activities.
During these events, users can lock specific cryptocurrencies to earn new token rewards. The amount you lock determines your share of the rewards—much like using a shovel to dig: the bigger the shovel, the more you earn. Hence the term “mining.”
Once the event concludes, your locked funds are automatically returned. Since you don’t spend your initial capital, this is a zero-cost opportunity.
You can also manually withdraw your funds early, though this may reduce your rewards.
Where Do the Rewards Come From?
Rewards from these mining events usually come from a predefined allocation in the token’s economics, reserved for community growth and promotions.
Tokenomics—a blend of “token” and “economics”—refers to the design and management of a token’s distribution, issuance, circulation, and utility within a blockchain ecosystem. It is central to a cryptocurrency project’s operation, aiming to foster ecosystem growth and enhance token value.
When you participate, you are essentially staking your coins (though “collateralizing” might be a more precise term). You temporarily provide funds in exchange for rewards.
How to Participate: A Step-by-Step Guide
Let’s explore how four major global crypto exchanges—Binance, OKX, Bybit, and Bitget—run their new coin mining events.
Binance Launchpool: No Upper Limit and Dual Benefits
Binance uses its native token BNB and its stablecoin FDUSD as mining assets.
Path: App homepage → tap the logo on the top left → “More” → scroll to “Binance Earn” → select “Launchpool”
There’s no maximum limit for staking BNB or FDUSD. Once you deposit, mining starts automatically.
If you already hold BNB in Binance’s savings products, those funds are automatically used in Launchpool events. This means you can earn interest on your BNB while also receiving new token rewards—a true two-for-one benefit.
BNB can also be used in other activities like Megadrop and HODLer Airdrops.
OKX Jumpstart: Big on BTC and ETH
Unlike others, OKX uses Bitcoin (BTC) and Ethereum (ETH)—the two largest cryptocurrencies—as mining assets. The program is branded as “Jumpstart.”
Path: Open the OKX app → go to the “Finance” tab → select “Jumpstart”
Recent Jumpstart events allowed users to stake up to 0.3 BTC or 3.5 ETH.
For long-term BTC and ETH holders, Jumpstart offers a way to earn extra yield on assets you already hold—effectively earning “interest” without selling.
👉 Explore more staking strategies
Bybit Launchpool: High Frequency and USDT Options
Bybit’s Launchpool supports staking with its platform token MNT, the stablecoin USDT, and sometimes the new token itself if it’s already listed.
Path: App homepage → “More” → scroll to “SpotX” → select “Launchpool”
Though there’s a staking cap (e.g., 2,000 USDT per user in the stablecoin pool), Bybit hosts these events frequently—sometimes even three simultaneously—offering plenty of opportunities.
Frequently Asked Questions
What’s the difference between staking and Launchpool?
Staking usually involves locking tokens to support a blockchain network in return for rewards. Launchpool is an exchange-based event where you stake coins to earn new tokens, often without technical requirements or long-term commitment.
Are there risks to participating?
The main risk is opportunity cost—your funds are locked for a fixed period. However, since you don’t spend your initial assets, the financial risk is low. Always research the new token before participating.
Can I unstake early?
Yes, most platforms allow early redemption, but you may lose that day’s rewards or pay a small fee.
Do I need to be an advanced user to join?
No. If you can navigate your exchange’s app and hold supported tokens, you can join with a few clicks.
How are rewards calculated?
Rewards are proportional to your share of the total staked pool. They are usually distributed daily.
What happens after the event?
Your staked funds are returned to your spot wallet. You can then trade, hold, or use the new tokens as you wish.
Conclusion
Launchpool and Jumpstart offer simple, low-risk opportunities to earn new tokens and enhance portfolio returns. Each exchange has its own model—Binance with no cap, OKX with major coins, Bybit with high frequency.
By joining these events, you not only earn rewards but also get early exposure to new projects. It’s an easy, efficient way to make your crypto work harder for you.