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 ensues 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.
Purchase BCT here [Will open soon]
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.
Big Success of 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.
BitMart is a premier global digital asset trading platform in the cryptocurrency market with over 600,000 users worldwide and ranks among the top 5 crypto exchanges on CoinMarketCap. BitMart currently offers 205 trading pairs with one of the relatively low trading fees in the market. BitMart’s daily trading volume ranges from $800 million to $1 billion USD and total trading volume has reached over $55 billion USD since launching in March 2018.
Bicoin Token, referred to as BCT, is an ERC20 token. Bicoin’s App currently has over 10,000 active daily users with thousands of KOLs trading with real money. The community size of Bicoin community and KOLs can reach 100,000. Moreover, by launching “6B Aggregation Trading Platform”+“KOL Documentary System” for the near term,
Bicoin will be the first to create the revolutionary model of “High-traffic App+Highly-active Community+KOL+Trading & Documentary”. Thus, Bicoin firmly believes BCT will generate strong market demands in such an ecosystem.
WaykiChain Confirms Stablecoin: WUSD Offering Coming in Q3
Current Market Landscape
Coins like Bitcoin and Ethereum are highly volatile. On any given day, it is common to see an increase of 10% – 20% or even a decrease. That makes using most cryptocurrencies for daily transactions inconvenient. Imagine paying $5 for your soybean latte today and finding out tomorrow that it should have been $4. Price changes like that are shocking for a consumer. The adoption of stablecoins will be a catalyst to the new decentralized internet becoming mainstream.
Four Traits Necessary for an Optimal Stablecoin
An optimal stablecoin should have the following four traits: price stability, scalability, privacy and decentralization. Additional traits that will assist the wider adoption of any stablecoin are simplicity along with elegance of concept, easy integration points for partners, and ability for an decentralized exchange to work with.There are three main categories of stablecoins: Here we are going through one by one.
Defects of Mainstream Stablecoin
Likely, the most well known stablecoin is Tether. It’s been in operation for the last few years and boasts a large market capitalization of over $2.7 billion. Tether achieves it’s price stability in a very intuitive way – direct pegging 1:1 with the US dollar in theory. However, Tether does have its detractors. There has been a lot of speculation around the legitimacy of Tethers USD holdings due to the lack of transparency since they have not made public any audited reports supporting the funds they have in “reserve”.
As for the Rising Star: Maker, its stability of the system is obtained by means of smart contracts. According to the Maker model, users do not purchase Dai, rather they create it in exchange for Ethereum. Price stability is maintained by the system automatically auctioning its Ethereum to maintain the price. This coin is not backed by fiat currency, which is a criticism of many of the stable coins and seen as a positive move forward to a fully decentralized and autonomous stable coin. Another case to this, it has been proved highly complex and slow-moving.
Terra pegs their price to $1 USD, and it is also endorsed by the South Korean government. However, because the south Korean government does not allow other countries to conduct digital currency transactions in South Korea, the policy makes it impossible for global users to open bank accounts in South Korea, so no one can actually buy any cryptocurrencies from other markets to trade in South Korea.
Stable coins offer the most critical component for widespread cryptocurrency adoption – Price Stability. However, this market is still in its infancy and although there are a lot of promising projects underway, it still haven’t been done to identify a clear winner. The market is calling for a new trend.
Dark Horse Being Visible
As a low-key high performance project constructed by a programmable technology infrastructure, we are here to fight a way out, by adopting our integral ecosystem supported WaykiChain stablecoin. WaykiChain WUSD is pledged by WICC, which lower the barrier for smart contracts development, optimize the project operation and business operation. An optimal cryptocurrency should have the following four traits: price stability, scalability, privacy and decentralization. Additional traits that will assist the users out of blockchain industry ringer on an easier way to the system, that will give users the confidence in making daily transactions.
We hope the full adoption of WUSD will alleviate the worry of your purchase with the volatility of coins like Ethereum and Bitcoin. For unveiling its mysterious veil, please stay tuned.
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