Right Now Binance Launchpad Has Opened Registration For Space ID

Key Points:

• Registration for the Space ID (ID) token sale on Binance Launchpad is now open and lasts for 3h.
• Once registration is complete, Binance will list ID/BTC, ID/USDT, and ID/BNB trading pairs at 22:00 on March 22, 2023, at 12:00 (UTC).
• Launchpad adopts an investment mode, and the investment is based on their average BNB holdings over the past five days.

According to the official information of Binance, Binance Launchpad has opened the registration channel for the Space ID project right now and will last another 3 hours.

Users can check their eligibility and BNB commitment for the Space ID (ID) token sale based on their average BNB holdings over the past five days (from 22/03). 2020 06:00 (UTC) to March 22, 2023 09:00 (UTC))

The rate of 1 ID is equivalent to 0.00007412 BNB or $0.025 (using a BNB price of $337.3).

One thing to keep in mind, BNB can only be used in the user’s spot wallet to commit. If your BNB is in other accounts, such as Launchpool or BNB Vault, you must redeem them to your spot wallet before committing.

The final ID token allocation result will be revealed at 10:00 on March 22, 2023 (UTC), at which time the corresponding BNB will be deducted from your locked BNB in 60 minute round. Once removed, your ID and remaining BNB tokens will be transferred to the winner’s spot wallet.

As mentioned earlier, Space ID will mark the 30th project on Binance Launchpad. 5% of the total $ID supply is allocated to the launch event, with a fixed cap of $2.5 million. (The launchpad price puts the project’s market capitalization at $50 million.)

Space ID is a service that supports domain name registration on the BNB Chain ecosystem. This project is intended to give users a unique identity for all chains. On Space ID, usernames can be associated with their identity across multiple blockchains. SpaceID will also allow users to connect their identities from the Web2 world, including Twitter, Email addresses, and Github accounts, to Web3.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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