Analysis

Subscription for the Coin98 (C98) Token Sale on Binance Launchpad Is Now Open

Announcement from Binance.com

Subscription for the Coin98 (C98) token sale on Binance Launchpad is now open and can stay open for 4 hours. Users can test their eligibility and commit their BNB to the Coin98 (C98) token sale based mostly on their previous 7-day common BNB holdings. The BNB charge for the C98 token sale has been set beneath.

Further info:

  • 1 C98 = 0.00025041 BNB or 0.075 USD (utilizing a BNB price of 299.50 USD).
  • Users could have 4 hours to subscribe by committing their BNB tokens between 2021-07-23 06:00 AM (UTC) and 2021-07-23 10:00 AM (UTC). Users should additionally signal the C98 Token Purchase Agreement previous to committing their BNB.
    • The most quantity of BNB that every consumer can commit has been calculated based mostly on their previous 7-day common BNB stability.
    • Important: Only BNB in consumer spot wallets can be utilized to commit. If your BNB is in different accounts resembling Launchpool or BNB Vault, you’ll need to redeem them to your spot pockets first earlier than committing.
    • Please word that when dedicated, your BNB can be locked and also you won’t be able to redeem or entry another features resembling transfers, withdrawals or trading till last token distribution.
  • After the subscription interval ends at 2021-07-23 10:00 AM (UTC), the C98 token allocation calculation will start and can take a complete of 1 hour.
  • The last C98 token allocation outcomes can be revealed at 2021-07-23 11:00 AM (UTC), at which level the respective BNB can be deducted out of your already-locked BNB quantity inside half-hour. Once deducted, your C98 and remaining BNB tokens will each be transferred to your spot pockets.
  • Reminder: There is a tough cap of 20,000 USD (266,666.667 C98 or 66.7758 BNB) that may be allotted per consumer. For detailed calculation guidelines, click on right here.
  • The Coin98 (C98) BEP-20 good contract is on the market here and ERC-20 good contract is on the market here.

After the subscription is full, Binance will checklist Coin98 (C98) in the innovation zone at 2021-07-23 12:00 PM (UTC) and open trading for C98/BTC, C98/BNB, C98/BUSD and C98/USDT trading pairs.

Further Information:

Reminder: Users want to finish their account verification and in addition be from an eligible jurisdiction to take part on this token sale.

* Users from the following international locations or areas won’t be able to take part in token gross sales on the Binance Launchpad platform:

Belarus, Mainland China, Democratic Republic of Congo, Cuba, Iraq, Iran, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.

Risk warning: Cryptocurrency trading is topic to excessive market danger. Please make your trades cautiously. Binance will make finest efforts to decide on high-quality cash, however won’t be accountable for your trading losses.

Thanks for your assist!

Binance Team

2021-07-23

Find us on

Binance reserves the proper in its sole discretion to amend or change or cancel this announcement at any time and for any causes with out prior discover.

https://www.binance.com/en/support/announcement/1448267236e642f6b323278baa9a91d3

Binance

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