Last updated in July 2024 and will be updated periodically.
Q: What is "subscription limit"?
A: The subscription limit refers to the maximum amount that users can subscribe during the Launchpad subscription stage. The amount is denoted in USDT. The subscription limit is divided into "base amount" and "referral bonus".
Q: What is the "base amount", and how can I obtain it?
A: The "base amount" is the amount available for subscription, determined by your average daily asset holdings during the Launchpad's "Boost" stage. All assets will be converted to USDT equivalent for calculation. During the subscription limit boosting stage, deposit assets into the designated accounts to optimize your asset snapshot result.
Q: Which accounts will be subject to the asset snapshot?
A: The scope of the asset snapshot includes the Fund Account, Perpetual Futures Account, Standard Futures Account and Wealth Account. Other accounts will not be included in the snapshot.
Q: Why do I have a snapshot record shown in my Subscription Limit page, but there is no "base amount"?
A: If your average account equity is lower than 50 USDT in your Subscription Limit page, you will not be eligible for the "base amount".
Q: What is the "referral bonus", and how can I obtain it?
A: The "referral bonus" is the extra amount for subscription that you earn by making valid referrals during the Launchpad event. You'll receive "referral bonus" for each valid referee (new user) you invite before the subscription begins.
Q: What is a "valid referee"?
A: A "valid referee" is a new user you invite to BingX and who completes either "spot trading volume of ≥ 100 USDT" or "futures trading volume of ≥ 2,000 USDT" before the Launchpad subscription begins. Please note that tasks completed multiple times by the same new user will only be counted once.
Q: During the snapshot stage, I used the assets from the Fund Account/Perpetual Futures Account/Standard Futures Account to place a limit order, which has not yet been filled. Will these assets still be included in the snapshot?
A: Yes, pending limit orders will still be included in the asset snapshot.
Q: What is "Auto-Subscribe" on the Launchpad page?
A: "Auto-Subscribe" is a convenient feature innovated by BingX. After you turn on Auto-Subscribe, the system will automatically subscribe for you at your subscription limit and deduct your USDT assets in the Fund Account when the subscription stage begins. It helps avoid missing out on Launchpad subscriptions due to time zone differences, scheduling conflicts, human error, and other factors.
Q: After activating "Auto-Subscribe", can it be canceled? What else should I be aware of?
A: Before the Launchpad subscription starts, you can enable or disable the "Auto-Subscribe" feature at any time. Once enabled, the system will fully subscribe based on your maximum "subscription limit". The USDT required for auto subscription will be temporarily frozen in your Fund Account. Auto subscription will fail if the USDT balance in your Fund Account is insufficient for subscription, and you will need to subscribe manually.
Q: If I subscribe to a Launchpad project on BingX, am I guaranteed to receive the project tokens?
A: The token quota available for subscription on the BingX Launchpad is limited. The platform calculates a user's lottery amount using the formula (tokens allocated to you = user's subscribed USDT amount ÷ total USDT subscribed by all users × project quota on Launchpad). To prevent monopolization and ensure fair distribution, an "individual winning limit" is also imposed, guaranteeing that all users participating in a Launchpad project receive the corresponding tokens.
Q: What are the restrictions on the invested USDT during the subscription stage?
A: The invested USDT will be temporarily frozen by the system and cannot be transferred, withdrawn, traded, or used as margin.
Q: Can I subscribe multiple times?
A: Yes. If you haven't reached your subscription limit, you can subscribe multiple times until your "subscription limit" is reached.
Q: Can I cancel the subscription orders during the subscription stage?
A: No. Subscription orders submitted by users during the subscription stage cannot be canceled. Therefore, please operate with caution.
Q: What should I do after submitting a subscription order?
A: You need to wait for the lottery stage. Once the lottery is completed, the lottery result will be announced on the Launchpad page.
Q: Where can I find my lottery tokens obtained from the Launchpad subscription?
A: After the lottery is completed, you can check the Launchpad page for the new tokens that you win. The new tokens will be issued to your Fund Account.
Q: I invested in a lot of USDT, where's the remaining USDT that didn't win the lottery?
A: During the subscription stage, the remaining USDT that didn't win the lottery will be returned to your Fund Account automatically.
Q: What are the Launchpad special benefits?
A: BingX provides special benefits based on various factors such as the popularity of the Launchpad projects. Please refer to the information displayed on the Launchpad page.