The Binance cryptocurrency exchange fixed the price of a BitTorrent token (BTT) for a tokensale, which starts today on its Binance Launchpad platform and lasts until February 3, if the required amount of $ 7.2 million is not collected earlier.
At the same time, two tokensales will take place, accepting BNB and TRX tokens, respectively. For the first of these, the price of 1 BTT will be 0.00001824 BNB, based on the BNB rate of $ 6.58, for the second - 0.00447261 TRX with a rate of $ 0.02683.
The minimum investment amount is $ 12, which is equivalent to 100,000 BTT, the maximum is $ 20,000, for which you can receive 166,666,666 BTT. A total of 35,640,000,000 BTT will be allocated for purchases for the TRX and 23,760,000,000 BTT for the BNB.
Before taking part in the tokensale on the platform Binance Launchpad, users need to pass verification on the exchange. The distribution of tokens in the Tron blockchain in favor of the participants of the public part of the campaign will be carried out within 15 days from the date of its termination.
Earlier, the ex-BitTorrent manager doubted the ability of Tron developers to provide the bandwidth needed to tokenize the Torrent client.