What is OKX Jumpstart?

OKX Jumpstart is an Initial Exchange Offering (IEO) platform launched by the OKX exchange, aimed at helping high-quality blockchain projects raise funds through token issuance. The platform provides users with the opportunity to invest early in high-potential projects and ensures the quality of projects through a rigorous review process.

How OKX Jumpstart Works

OKX Jumpstart currently offers two types of activities: Mining and On Sale.

• Mining: It allows users to stake specified tokens and receive project-issued token rewards based on the staked amount after the staking period ends. Each activity has different staking periods and total staking limits; the more you stake, the more tokens you receive.
• On Sale: Users book a spot in the discount sale subscription activity, followed by a lottery to select eligible subscribers. The number of new tokens that can be subscribed to is determined by the user's token holdings during the activity.

Here's a detailed process for Mining, which is more frequently held recently:

1. Project Announcement: OKX announces new projects to be listed on Jumpstart.
2. Holding Staking Tokens: Users need to hold specified tokens to participate in Mining.
3. Participating in Staking: Once the staking pool opens, users can stake specified tokens on the event page within the given time. The number of new tokens earned is calculated hourly. After the activity ends, the staked tokens are returned, and users receive the new IEO project tokens.
4. Trading Launch: New tokens are usually listed on the OKX spot market after the Mining ends.

How to Start Earning Profits

1. Visit OKX Jumpstart: After logging into your OKX account, navigate to the Jumpstart page to view ongoing and upcoming projects.

2. Select a Project: Choose one that interests you and review the detailed information, particularly the entry requirements, specified staking tokens, and individual staking limits. You can switch between staking pools by clicking on the tags on the right side.

3. Obtain Staking Tokens: You need to hold staking tokens to qualify for participation. If you prefer not to purchase staking tokens, you can obtain them through borrowing or futures hedging.

4. Participate in Staking: Stake early once the staking period begins. You can withdraw the staked tokens at any time during the event.

5. Claim Rewards: Retrieve your staked tokens and new tokens after the event ends, and sell the new tokens once they are listed to realize profits.

Participation Requirements

• User Identity: Some projects have regional restrictions, which vary by activity, and require passing OKX's KYC.
• Staking Amount: Jumpstart has no minimum staking threshold, allowing even users with holdings as low as $5 to participate. Each staking pool has a staking limit, making it easier to estimate participation costs and reducing borrowing or holding pressure compared to Binance Launchpool.

Advanced Tips for Mining: Hedging During Staking

Recently, many Jumpstart projects require staking Bitcoin or Ethereum. If users are not long-term holders of these cryptocurrencies or if prices are volatile, direct purchase may not be worthwhile. Here are two ways to obtain the required staking tokens while avoiding market volatility:

• OKX Flexible Loan: Borrow specified staking tokens by pledging stablecoins. The initial loan-to-value (LTV) ratio is currently about 65%, and interest is calculated hourly. To avoid liquidation due to price fluctuations, you can pledge a little more as a buffer. This method is generally recommended for regular users to hedge.
• Futures Hedging: Buy the specified staking tokens and simultaneously short the equivalent amount in futures. This way, regardless of price changes, profits and losses are balanced. However, this method requires accounting for OKX exchange fees, so it is recommended only for VIP users who can reduce fees or for when there’s no capital to borrow on the platform.

Potential Profits: Analyzing OKX Jumpstart Returns

The highest annualized return rates of past Mining projects can be found on the Jumpstart page. Here is a summary of previous Mining projects:

OKX Jumpstart Pros and Cons: Who Should Participate?

The main advantage of OKX Jumpstart is that projects undergo OKX's scrutiny, ensuring a certain level of quality and potential for high investment returns. Additionally, the low participation threshold allows small investors to participate and earn corresponding returns.

However, the volatility of the cryptocurrency market poses risks. OKX Jumpstart exposes participants to price fluctuation risks and liquidity constraints. Even rigorously vetted projects are not guaranteed to soar in price post-listing, which is a factor investors need to consider.

OKX Jumpstart appeals to various types of investors. Long-term holders of BTC or ETH can benefit from these activities as additional rewards. Investors with small capital can also participate due to no minimum investment. Lastly, those looking for an easy way to earn tokens will find OKX Jumpstart straightforward, with minimal learning curve—just buy tokens and participate.

Never Miss a Jumpstart Update: Our Services

As you may already know, to maximize the rewards from OKX Jumpstart, it’s crucial to prepare the cryptocurrencies you plan to stake in advance, stake Bitcoin and Ethereum up to your individual staking limit at the start of the event, and make the staking duration as long as possible. Since timing is critical, our notification bot is essential! Join our Telegram groupand subscribe to the ALTINVEST Launchpool Helper bot to receive early alerts for new OKX Jumpstart projects. The bot will send notifications one hour and five minutes before new mining begins, as well as five minutes before trading starts, ensuring you don’t miss any important moments for Jumpstart’s new projects.

Conclusion

OKX Jumpstart offers users the opportunity to invest early in high-potential blockchain projects by holding specified tokens. However, investment risks remain, and users should fully understand market and project risks and implement appropriate risk management measures.

Through OKX Jumpstart, users have the chance to earn high returns but must invest cautiously, select suitable projects and timing to stand out in blockchain investments.