On April 13th, BitMart, a premier global digital asset trading platform, will launch an exclusive “Bicoin Token (BCT) Sale”. Users will be able to purchase BCT with BTC. The secondary trading market will open within one month after the sale event concludes.
Bicoin is a one-stop cryptocurrency trading ecosystem that provides business including Bicoin token, Bicoin Trading Version, a platform for aggregate exchange, as well as quantitative services. So far, it has covered highly active cryptocurrency trading communities with over 100,000 active users on Bicoin App and thousands of KOLs trading with real money.
By launching “6B Aggregation Trading Platform”, Bicoin provides a one-stop trading solution that aggregates major exchanges and ensures an easier trading experience. The platform feature “BICOIN Real Order Presentation” has also become a magic mirror for investors to track KOL’s real trading records, providing more trustworthy investment advice.
Bicoin Token (BCT) is an ERC20 token which is a value certificate in the Bicoin ecosystem with functions including equity proof, ecological co-construction, consumption circulation, community incentives, and investment monetization.
The Bicoin Token (BCT) Sale
The BCT sale will start on April 13th 10:00 AM (EDT). The process will go through three different “price limit” rounds with a total supply of 1,000,000 USD. The first and second round tradable price will be capped at 0.027 USD and the last round at 0.03 USD.
BitMart provides exclusive purchase channel for its users. Users can purchase up to $5,000 in equivalent BTC if they are holding less than 30,000 BMX. For users holding equal to or greater than 30,000 BMX in their account, BitMart allows maximum purchase amount of $10,000 in equivalent BTC. All participants need to complete KYC to attend the token sale.
Promotion Campaigns
To celebrate this initial Bicoin Token (BCT) Sale, BitMart also announced a series of promotion campaigns. From April 9th 2:00 PM to April 15th 10:00 AM (EDT), the top 10 users ranked by the number of referrals will each get a 70% off coupon. Only referrals who complete KYC will be counted and the coupon should be applied to a maximum purchase amount of 300 USD.
Participants retweet or share the post “I want to participate in BitMart’s BCT Sale!” on Facebook will have the chance to win a 50% off coupon. BitMart will also pick 5 winners and give away 70% off coupons for participants who submit Google form after posting on social media regarding #BitMartBCTSale and collecting more than 30 likes. The coupon can only be applied to the maximum purchase amount of 200 USD.
IEO
IEO has become a hot topic ever since BitTorrent crowdsale debuted on the Binance Launchpad, an IEO platform unveiled by Binance in January. They managed to sell 59.4 billion tokens in two sessions and only took 15 minutes to reach its hard cap of $7.2 million. Following the huge success of Binance IEO, many other exchanges launched their own Initial Exchange Offerings, providing an alternative to crypto projects to raise funds.
This is the second IEO project that will debut on BitMart Exchange. Earlier in March, BitMart launched an eight-day Kasoutuuka News (KTN) Sale and all the rounds were finished in just a few seconds.