Exchanges are a vital part of the cryptocurrency ecosystem. They provide a vital service in terms of helping to drive adoption of new projects and bringing maximal liquidity to investors. We are pleased to announce our plans for the BKD token sale and listing process.
The BKD Token Sale
The BKD token sale will last for a period of two weeks, ending on October 31st, 2022. We have set a hard cap of $10 million USD for the total amount raised during the token sale. Investors will be able to purchase BKD tokens with ETH, BTC, or USDT. The price of 1 BKD token will be $0.50 USD.
Listing on Exchanges and PancakeSwap
Our goal is to list BKD on at least one exchange and/or pancake swap by autumn 2022. We have begun discussions with a number of exchanges and can confirm that we are in talks with Binance, Huobi, OKEx, KuCoin, and Gate.io. We are also in discussions with PancakeSwap, the leading DEX on Binance Smart Chain.
The listing price of BKD will be determined by demand on the exchange, and we’ll use an atomic swap mechanism to ensure every BKD sold through our website is then bought back from an exchange. This will theoretically keep demand high, which will drive up the price and allow early investors to take profits. We expect that the price of BKD will rise significantly once it begins trading on exchanges and pancake swap.
As the world moves increasingly towards digital assets, it's important to have a backed financial product that can be used in the same way as traditional fiat currency. This is where BKD comes in. Our goal is to list BKD on at least one exchange and/or pancake swap by autumn 2022, allowing you to withdraw your BKD and sell/swap it as you wish. At this point, the price of BKD will be predetermined by demand on the exchange, and we'll use an atomic swap mechanism to ensure every BKD sold through our website is then bought back from an exchange.
This will theoretically keep demand high, which will drive up the price and allow early investors to take profits. So if you're looking for a backed financial product that can be used like traditional currency, keep an eye out for BKD!
We are very excited about our plans for the BKD token sale and listing process. We believe that this will provide maximal liquidity for investors and help drive adoption of the project. We encourage everyone to participate in the token sale and help us reach our goals!
#BKD #BACKED #COMPANYCOIN #DEFI #BSC #BSCGEM #BackedTeam
More Information :
Web : https://backed.finance/
Twitter : https://twitter.com/BackedTeam
Facebook: https://www.facebook.com/Backed.finance
ANN : https://bitcointalk.org/index.php?topic=5403653.0
LitePaper : https://backed.finance/litepaper
Linkedin : https://www.linkedin.com/company/backedteam/
Airdrop: https://backed.finance/airdrop
Open App: https://app.backed.finance/
Bitcointalk Username: Lovtiek
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2243938
BSC Wallet Address: 0xc83E325428Ac93069d0230A37905e8B53391c837