The public sale of BITmarkets Crypto Exchange’s platform-native token, BTMT, is scheduled to start on November 1, 2023. There are 300 million BTMT in total supply when it is deployed, of which 60 million (20%) are allocated for public sale. The token price will rise linearly during the public auction to a maximum 1 BTMT = 0.200 MATIC. The starting price has been fixed at 1 BTMT = 0.166 MATIC.
“With the built-in deflationary mechanism, the final supply of the token shall be reduced to 200 million. The burning process will make the price increasingly attractive. Following the presale, the value of the tokens is expected to rise until the eventual listing, which we expect to occur next year,” said Peter Sumer, CEO of BITmarkets, and added: “We plan to use most of the funds raised from token sales for further growth, platform optimization, marketing and acquisitions.”
In addition to substantially reduced fees and specialized help and guidance from a committed team of experts, BITmarkets Token (BTMT), a native exchange token, provides its holders with advantages in cryptocurrency trading. Furthermore, buying BTMT contributes to ESG (environmental, social, and governance) programs, and token owners have a say in which ones are chosen.
An exchange for cryptocurrencies, BITmarkets provides round-the-clock assistance in fifteen languages. Not only can traders trade unique futures contracts, but they can also spot-trade more than 150 cryptocurrencies. Check out bitmarkets.com for additional details.
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- Source: https://zycrypto.com/bitmarkets-announces-public-sale-of-its-platform-native-token-btmt/
