In this article, Binance’s 19. We have prepared a detailed explanation text about Tokocrypto (TKO), which has Launchpad!
Binance 19. Launchpad is starting!
Hello Friends, today is the 19th edition of the Launcpad series, which Binance brought to life in 2019 and brought new cryptocurrencies to life.. I will try to tell you about Tokocrypto (TKO), which is his project.
The purpose of launchpads is to bring cryptocurrencies to investors during the ICO period, that is, in the pre-sale.. For ICOs, projects report a certain percentage of token supply. For Tokocrypto, this supply is 75 million units, which is 15% of the total supply of 500 million TKO.
First of all, here’s what Binance did. I will present the explanation and then I will convey my own comments and analyzes to you.. You can also access the details from the Binance announcements section by clicking here.
As you can see, Binance has provided a very detailed explanation text.. The only condition to participate in the Tokocrypto Launchpad, which is the 19th Launchpad, is 31 March, that is, between 7 between today and 7 April 2021 It has been stated that it is to keep BNB in your spot, margin, pool or savings account during the daily period, the only place I need to emphasize is that your BNBs must be in your spot wallet in order to sign the undertaking on 7 April, the day of participation in the ICO.
Sir, 31 You can ask whether we missed the train, hasn’t March passed, yes 31 March has passed, but the train hasn’t run yet. Binance did not say that you will have to keep BNB in your account between 31 March and 7 April to participate in the ICO. He said I’ll take his and he’ll rate it. So for example, you didn’t hold any BNB today and you spent the 1 day of the 7 day period, but on the other 6 days you have 10 BNB in your account. When you determine your participation rate in Binance ICO, multiply the 6 days you hold BNB in your account by your BNB amount, 10 , and divide this by the total ICO duration, 7 days this is how your participation rate in the ICO is determined. If you want, you can not hold BNB for 6 days and keep it at 60 BNB on the last day, the account will be the same.. I’ve done the calculation on a day-to-day basis for convenience, Binance calculates it on hourly SS’s.
To briefly summarize what you need to do to join Launchpad, you have as much BNB as you can in these 7 days. and sign the agreement that you join Launchpad by entering the Launchpad section between 7-11 on the morning of April 7th. When you sign this contract, your right to access the BNBs you have committed will be locked until 12:00, the time when the Token will be opened for general trading.. After 12, the TKO Coins you have earned and the BNBs you have committed will be transferred to your spot wallet.
You can also watch the visual narration from the video below.
Friends, you can send a message to you. As an example, I would like to consider the previous Launchpad, SFP Launchpad, namely 18th Launchpad.. The ICO price was 0.10 as it is now on Launchpad. When SFP opened for general trading, the token price went up to 4.5 dollars, and now it is pegged at 3 $.
I know these profit margins excite you, but unfortunately that it is not so easy to get a slice of the cake. Participation in ICOs organized by Binance is quite high.. The larger the participation pool, the lower your share of the pie.. For example, the share of a participant in the 18. SFP Launchpad and holding 500 $ BNB from the ICO is limited to only 16 SPFs.. In other words, only 1.6 dollars of the 500 dollar BNB was transferred to the spot wallet as SPF and the remainder as BNB.. However, considering that he sold these 16 SFPs for 3 each, he achieved a profit margin of roughly 50 dollars, that is, 10% of his total money. can be concluded that it increases.
I have shared SPF with you just as a living example.. There are parameter differences between 2 ICOs. For example, 50 million tokens will be distributed in SFP, while 75 million tokens will be distributed in TKO.. Likewise, at the 18th Lauchpad SPF ICO period, 1 BNB could be purchased for 120 , now 1 BNB 300 changes hands in dollars. Such parameters will change the participation rate in the pool.
Friends, I tried to convey my experience about Binance Launchpad to you, there may be missing places.. You can direct your questions to us either on Twitter or on Koinmedia’s free Telegram page.
New listing announcement from Binance: Conflux Network CFX!
Binance, the world’s largest cryptocurrency exchange, announced that it will list a new coin.
In a statement from Binance earlier today, it was announced that the Conflux Network (CFX) coin will be listed.. CFX will be traded in BTC, BUSD and USDT pairs.
In the statement made by Binance, it was stated that the listing will take place on March 29 at 14:00 Turkish time..
Binance will only accept token transfer via BEP20, Binance Smart Chain (BSC).
What is Conflux Network (CFX) coin?
Conflux Network is a scalable and decentralized blockchain that aims to provide high throughput and fast approval.. The Conflux Network consensus algorithm works with a special Directed Acyclic Graph (DAG) structure called the Tree-Graph. Unlike Ethereum, which records transactions in a single blockchain, Tree-Graph consolidates and processes transactions in all blocks simultaneously.. CFX is the native token of the Conflux Network and is used for network consensus, ecosystem promotion, governance and stakeout.
Binance recently warned its users about the extremely volatile nature of newly listed coins. In the statement made; “Make sure you do adequate risk assessment when trading with newly listed tokens as they are often subject to high price volatility.”
CFX chart
Binance’s latest eye pain Ramp Coin!
Another listing news came from Binance, which has been releasing listing announcements one after the other in the last few days.. According to the announcement, Binance opened Ramp (RAMP) for trade in the innovation zone at 12:00 Turkish time.
“As Binance, RAMP’ is a DeFi project. We’re happy to announce that we’ve listed RAMP in the innovation zone.”
Binance, which has listed RAMP in the innovation zone, has traded the RAMP/BTC, RAMP/BUSD, and RAMP/USDT trading pairs.
RAMP, which entered March from the 0.22 dollar band, climbed to 0.62 dollars with the Binance listing news.
What is RAMP (RAMP)?
Ramp DeFi is a decentralized protocol that aims to increase DeFi adoption by allowing non-Ethereum users to share their tokens on ETH supported platforms
What is an Innovation Zone?
The Innovation Zone is a dedicated trading zone where users can buy and sell new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens. Before trading in the Innovation Zone, all users are required to visit the web version of the Innovation Zone trading page to carefully read the Binance Terms of Use and complete a questionnaire as part of the Initial Disclaimer.
New listing from Binance!
A new listing news has come from Binance, which has been blasting listing news one after another in the last few days.. According to the announcement, Binance will open Linear (LINA) for trading in its innovation zone at 15:00 Turkish time.. Binance also announced that it will offer its customers using the Launchpad subscription format the opportunity to buy LINA at a 30% discount.
”As Binance, we are launching the sale and trading of Linear.”
What is linear (LINA)?
Linear is a decentralized asset protocol that can instantly create synthetic assets with unlimited liquidity. LINA, an ERC-20 token built on the Ethereum network, provides a superior user experience with better scalability and higher speed thanks to the cross-chain capabilities of the protocol.
How much is LINA’s total supply?
Linear, whose total supply is 10 billion, currently has a circulating supply of 2.5 billion. Lina’s current market value is 615 million.
Binance TWT airdrop campaign!
Binance conducted the largest Trust Wallet Token (TWT) airdrop in its history. After the airdrop, millions of dollars were sent to TWT holders.
Airdrop 14.12.2020 to 21.12.2020 Binance spot, margin or futures trading, the most Covered all Binance users who completed less than one transaction. As of today, 100 TWT coins, each currently changing hands at $0.15 , have been sent to all users who have made at least one trade on Binance in the last week. (100 TWT=115 Turkish Lira)
If you are wondering if TWT has been credited to your account BKNZ.
How do you monetize your TWTs?
First of all, we would like to point out that if you do not do this process until 5 January 2021, the TWTs in your account will be lost.. So please claim your TWTs by this date.
Step 1: First go to your Binance spot wallet. Type TWT in the search bar and press the shoot button.
Step 2: Open Trust Wallet on your mobile phone. Then copy your address by clicking on the Smart Chain and clicking on the ‘Receive‘ button in the window that opens.. If this is your first time using Trust Wallet, this video will help you.
Step 3: Then switch to Binance Exchange. Select Binance Smart Chain (BSC) and paste here the Trust wallet address you copied in the previous step.
Step 4: Finally, enter the amount of TWT you want to transfer and complete the confirmation process.
Once your withdrawal request is received, your TWTs will be credited to your account shortly.
What is wash trading?
Wash trading is when users buy their own sell orders to increase volume and manipulate the market..
The rest is up to you. You can either convert your TWTs to another cryptocurrency and send them back to the stock market and use them, or you can choose to hold them in your Trust Wallet.