> For the complete documentation index, see [llms.txt](https://earnbit.gitbook.io/earnbit/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://earnbit.gitbook.io/earnbit/help-center/faq/launchpad.md).

# Launchpad

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<summary>What is Launchpad?</summary>

A place to buy tokens of new, hand-picked crypto projects before they are listed, usually at a fixed price. See What is Launchpad.

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<summary>How do I take part?</summary>

Complete KYC, fund your account, open the project on <https://earnbit.com/launchpad> and buy during the sale window. See How to Participate.

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<summary>Is there a fee?</summary>

No. Taking part in Launchpad is free.

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<summary>How is allocation decided?</summary>

Depending on the project: first come, first served, proportional, or lottery. Larger purchases may earn extra tokens through Purchase Booster. See Allocation System.

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<summary>Can I sell tokens right after I get them?</summary>

Once the token is listed, you can sell the tokens that have unlocked. Locked tokens follow the project's vesting schedule. See Vesting & Claims.

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<summary>What if a project is cancelled?</summary>

Committed funds are refunded.

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<summary>What are the risks?</summary>

Token prices can fall after listing, and taking part does not guarantee a profit. Research every project before you invest.

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