About how to use BNB to participate in the TGE staking event
1️⃣ Open Binance Wallet
Open the Binance App → enter 'Wallet' at the top, if you haven’t opened it before, you will be prompted to do so, just follow the prompts step by step.
2️⃣ Prepare BNB (choose 1)
- Borrow BNB through Venus: first deposit collateral USDT, then borrow BNB, be careful not to exceed a collateral ratio of 60%
- Borrow 3 BNB from friends: if you don’t have U, you can collaborate with trusted friends to borrow 3 BNB, after the end, first return the borrowed BNB, then settle a portion of the profits according to the agreement with your friend.
3️⃣ Participate in the event deposit
16:00 (UTC+8) Event starts → click on TGE / pre-TGE banner on wallet homepage to enter → click deposit (DEPOSIT) → enter deposit amount (maximum 3 BNB) → click confirm (DEPOSIT).
4️⃣ Claim and follow-up
After the event ends at 18:00 (UTC+8), you can claim, the excess BNB that did not win will be returned along with the claim; after the allocated tokens arrive:
TGE: can be immediately sold in the market for profit after claiming (please note market fluctuations and fees)
pre-TGE: must wait for a period of time to sell after claiming, the specific unlocking time is subject to project announcements (usually ranges from a few days to a few weeks)
Frequently Asked Questions
* Q: What is the difference between pre-TGE and TGE? A: The process is the same (preparing BNB, depositing, claiming are the same); points: pre-TGE 10 points, TGE 15 points; selling: can be sold immediately after TGE claim, pre-TGE needs to wait for unlocking (subject to project announcements).
* Q: How long is the staking/subscription time? A: The event subscription period is usually about 2 hours, so there is no need to rush. As BNB deposits increase, the allocation amount decreases proportionally, based on the end of the event.
* Q: How is the redemption time calculated? A: After the event ends at 18:00 (UTC+8), click claim to retrieve the excess BNB and receive the allocated tokens; some of the BNB that has been invested (about 0.01 BNB) will be converted into tokens and will not be returned.
* Q: What is the points consumption? A: pre-TGE consumes 10 points, TGE consumes 15 points (please confirm points balance before participating).
* Q: What is the limit for BNB per account? A: The limit is 3 BNB/account; the excess will be deducted proportionally and refunded during the claim. #ALPHA🔥
