BTSE Successfully Completes Private Sale, Announces Public Token Sale
BTSE has successfully completed the private sale of our BTSE token, and we are excited to announce to our community members that we will be launching a public token sale for those interested in acquiring our native exchange token and utilizing its features on the BTSE exchange platform.
“We’ve recently completed our private sale round thanks to the participation of investors such as FBG Capital, Lemniscap, CMS Holdings, Taureon Capital, GBCI Ventures and BCB Blockchain,” - Jonathan Leong, CEO of BTSE.
The BTSE token sale will take place on March 5th, and the asset is set to be listed on the exchange within two hours of sale completion. With an initial sale price of $2, users can purchase a minimum of one and a maximum of 25,000 tokens per verified account. A total of up to one million tokens will be available during the token sale.
Token Sale Specifics
Total Token Supply: 200 million tokens, with 5 million tokens tradeable within the first six months after the token launch
Public Sale Amount: up to 1 million tokens
Issuing Platform: Liquid Network
Public Sale: March 5th 2020, 12pm UTC
Public Sale Initial Price: $2
Maximum Purchase per Verified Account*: 25,000 tokens
*In order to qualify for the sale, you are required to complete your ID verification on the BTSE Exchange.
For further details, you can check out the BTSE White Paper.
Here's how you'll be able to use the BTSE token:
With the BTSE token, you can save up to 60% on your trading fees depending on your token holdings and trading volume.
Increase your referral bonus up to 40% based on your token holdings.
Unlock bonuses during campaigns and contests.
Enjoy increased limits and rebates on selected services.
You will be able to use the BTSE token to purchase a variety of products and services within the BTSE ecosystem, such as
Advanced Trading Functions
You can trade the BTSE token on BTSE's spot market and use it as collateral and margin on all your trades.
The First Exchange Token on the Liquid Network
This launch is particularly exciting and groundbreaking for us because BTSE is the first exchange token running on Liquid, a Bitcoin sidechain-based settlement network for traders and exchanges. This gives BTSE inherent benefits:
Liquid levels up your privacy by blinding transaction amounts and asset types.
Liquid blocks are produced every minute, and each transaction is finalized within about two minutes.
Liquid’s inter-exchange settlement makes it easier and faster than ever to move funds between member exchanges.
"For an exchange token, issuance on Liquid makes a lot of sense as Liquid’s fast transactions and inter-exchange settlement network provide the perfect environment for traders. The BTSE token can also be stored on Blockstream Green, giving users the additional option to store their tokens off exchange if they want." - Adam Back, CEO of Blockstream
You can find our White Paper and more information on the token over on our website.
Our aim is to create a platform that offers you the most enjoyable trading experience. If you have questions or suggestions, please don’t hesitate to reach out to us at firstname.lastname@example.org or DM us on Twitter: @BTSEcom.