Bitcoin.com exchange plans to raise $ 50 million through token sale

Bitcoin.com exchange plans to raise $ 50 million through token sale

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The Bitcoin.com crypto trading platform intends to receive $ 50 million through the initial exchange of BCE tokens, the block reports.

Bitcoin.com does not disclose the objectives of attracting financing.

For BCE owners, the exchange promises priority access to future IEOs, increased referral bonuses and discounts on trading fees. In addition, the platform announces future airdrops among token holders.

The coin was created on Simple Ledger Protocol (SLP), a protocol for issuing security tokens on the Bitcoin Cash blockchain.

It is estimated that the total issue will be 2 billion coins, half of the issue will be sold.

The placement will take place in the form of private sale, and the token will not be available in several countries, including the USA, Japan, Iran and North Korea.

At the same time, the procedures for the repurchase and burning of coins at Bitcoin.com have not yet been determined.

Bitcoin.com began trading last year. According to CoinGecko, 27 coins in 75 pairs are trading on the site. The normalized daily trading volume is $ 10.6 million against the declared $ 630 million.

Recall that in August, the founder of the company Bitcoin.com left its founder Roger Ver, known as “Bitcoin Jesus”.

Meet the new CEO in an exclusive interview:

CEO of Bitcoin.com Stefan Rust called Bitcoin gold, Bitcoin Cash – money, and Bitcoin SV – scam

Bitcoin.com exchange plans to raise $ 50 million through token sale

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