Virtual currency is a digital money or currency that uses cryptography to enable digital transactions and is secured by computer algorithms.
Two weeks ago, we were able to observe a successful token sale on Binance. In all, at this time, IO is expected to be out in the market in just two and half days. That being said, it is highly recommended to respond promptly for the chance to be involved in this launch.
What is a Launch Pool?
Binance vetting lets the users enter a launch pool with specific tokens and obtain new tokens in exchange. In case of new projects, it enables creators to make a strong community before even the launch makes early contributors special. It has been home to over 50 successful projects, with launch pool funding falling in the $300M to almost $1B range.
Bravo 1: IO Launch Participation
1. Getting Started:
- This will involve purchasing BNB or even FD USD.
- You should use the trade function of Binance to change the tokens to BNB & FD USD.
2. Staking:
- Open a Binance tab and navigate to the launch pool page.
- To hold a portion of BNB or FD USD you will be issued IO tokens.
- The accepted minimum staking amounts include 0. 01 BNB or 0. 01 FD USD.
3. Token Details:
- This is in diamond, which will be listed on June 11th.
- Initial circulating supply: Indicates the number of organization and individuals that have access to the information announced by the QI group, which is 95 million IO.
- 10% of the initial output tokens will be provided here — 20 million IO.
- Any trading pair can be involves; the available ones are BTC, USDT, BNB, and FD USD.
Estimating Value
Early projected costs show that IO could run between $3 to $7 per token since the price fluctuates at its first use. Despite the already established speculations on the circulating supply of, the market might significantly value IO tokens with a circulating supply of 95 million.
Claiming and Trading
When the farming time elapses, the staked amount comes back to your spot wallet, and any unused IO tokens are closed and withdrawn. After the launch of IO tokens, you are allowed to trade them, or convert them through features such as trading or conversion by Binance.
Benefits of Staking BNB
Here are some of the ways through which staking BNB benefits: You earn income in BNB You participate in mega drops and launch pools. This is, therefore, a perfect plan of action when it comes to IR on the Binance platform.
Conclusion
The opportunity to buy the IO token right now also looks quite good, especially since it is traded on Binance. Using a staking process, one is able to get free IO tokens which can also make him/her earn from the circulating supply of these tokens in the market. Do not miss this opportunity and act fast following this guide to diversified your portfolio toward Cryptocurrencies.
