Oxbull  Review: Participation in IDO, Tiers and Launchpad Requirements

What Is Oxbull?

Oxbull is a launchpad that runs on the two blockchains Binance Smart Chain and Solana.

Launchpad is a platform for raising funds for an early-stage crypto project from retail investors, not funds. As a reward for participating in an early-stage project launch, investors get early access to innovative product features.

Oxbull is currently one of the most productive and active launchpads, having launched a total of around thirty projects with a total ATH ROI of 9,040%

Should I choose Oxbull? 

With Oxbull Launchpad, you have a choice of which blockchain to use: Binance Smart Chain or Solana. The platform has two native tokens to work with one or the other blockchain.

According to Cryptorank.io, Oxbull is one of the most profitable platforms on the market.
This platform is definitely worth paying attention to.

How Does Oxbull Work? 

Like most launchpads, Oxbull requires a user to have a fixed number of tokens in their account to take part in a new project launch. Users are categorized into three Oxbull tiers.

Oxbull Tier 1. Guaranteed slot for IDO

Pre-allocated time to be provided to qualifiers to participate in Pre-sale.

Oxbull Tier 2. Whitelist slot for IDO

Pre-sale participation are on First Come First Serve(FCFS) after the allocated time for Tier 1 ends.

Oxbull Tier 3. Public sale:Rapid Fire

Pre-sale for public to be open on First Come First Serve(FCFS) after the allocated time for Tier 1 and Tier 2 ends.

Statistics and Performance 

According to statistics from cryptorank.io, Oxbull ranks fifth among similar platforms. To date, Oxbull has raised $6.01 million in investment, with an average ROI of 91.40x.

This demonstrates the confidence with which early-stage blockchain start-ups are launching their tokens on Oxbull, and the potential for high returns for retail investors participating in IDOs.

The results of recent IDOs held at Oxbull are shown in the following table

What do you need to participate in IDO on Oxbull?

In order to participate in IDO, the user needs to do the following

How to get whitelisted on IDO: Oxbull Tiers Rules

The first level guarantees the user allocation of tokens in any case. At this level, the purchase of LP tokens is available.

The second level involves participation in a lottery. The minimum number of tokens needed to enter the lottery depends on each individual IDO.

A lottery ticket purchase is available for projects that operate on the BSC network. The user can purchase 1, 5 or 10 lottery tickets. Accordingly, the more tickets a user has, the higher the chance of winning the lottery.

The value of the token at the time of writing is OXS £0.3592, OXB is currently worth £1.43

How to participate in Oxbull IDO 

To take part in IDO on Oxbull, you need to do a few specific things.

Step 1 — Choosing the network on which the project runs

To participate in IDO on Oxbull, the user must first decide on which network the project whose IDO is to be invested in will run on.

There are two buttons, OXS IDOS and OXB IDOS, in the top-right corner of the launchpad site. By clicking on the first one, options will be available to participate in projects that work in the Solana network and Cross Chain projects. Clicking on the second one will provide options for participating in projects that run on the Binance Smart Chain network.

Depending on which network you choose, it will depend on which web wallet to use when working with Oxbull.

Step 2 — Connecting the crypto wallet

The next step is to connect a crypto wallet. The Phantom web wallet can be used for the Solana network.

In our review, we will use the MetaMask web wallet, which works with the Binance Smart Chain network. You can read a detailed review of this wallet on our website. 

To connect the crypto wallet, click the Connect Wallet button in the upper-right corner of the website. Follow the instructions on the screen. The connection is made literally in a few clicks. Once the wallet is connected, your crypto wallet number will be shown instead of Connect Wallet.

Step 3 — Buy tokens

After connecting your cryptocurrency wallet to the website, you need to buy the number of tokens had to participate in IDO.

If you have chosen a project running on the Solana network, you must buy OXS tokens. You can do that on the Raydium exchange.

If you select a project that runs on the Binance Smart Chain network, you must purchase OXB tokens. You can buy them on the PancakeSwap and Hoo exchanges.

Step 4 — Participation in IDO

After purchasing the necessary tokens, you can start participating in IDO. You will first need to choose how to participate in IDO, then deposit the required amount in tokens and wait for the IDO results.

For more details on how to participate in IDO on Oxbull, see the video below:

Whitepaper

Oxbull takes its activities seriously, as evidenced by the detailed project documentation. It can be found at this link.

Disclaimer

The information contained in this article is for information purposes only. It should not be construed as financial advice. Investing in cryptocurrency involves significant risk of loss, and we advise you to consult a financial advisor if you decide to invest in cryptocurrency. Remember that all investments are made at your own risk.

FAQ

Is Oxbull available in the UK? 

Oxbull is not a scam, the site is legal and available in the UK.

Is Oxbull Safe? 

Oxbull takes the security of their project seriously and at the time of writing no hacking of the site has been reported.

How do I participate in Oxbull? 

To participate in IDO on Oxbull, the user first decides which network (BSC or Solana) to invest in. Thereafter, the user needs to connect the appropriate cryptocurrency wallet to the Oxbull website; purchase the right amount of token and select the right level to participate in the IDO.

Conclusion

Oxbull team takes great care when selecting projects to launch on this platform. This fact, as well as the fact that Oxbull supports two blockchains at once, attracts quite many users to the project. The entry threshold to the platform cannot be called low. However, the profitability of projects that are launched on Oxbull is usually very high.