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The emerging platform BitcoinNami and its token BTCN is mentioned mostly over the Cryptocurrency community due to the first IDO of BTCN token recently. With the extraordinary and spiked consumption up to 150,000 BTCN tokens only in 20 minutes, it boosted up the reputation of BitcoinNami and was evaluated as the most investment-worthy platform in 2021 by experts. Why has this IDO project obtained such huge attention and been able to hit a new record of sale? And if you still wonder whether to invest into this platform, this article will be helpful as it explains meticulously regarding the BitcoinNami project.
1.What is IDO and why do we need it?
An IDO (Initial DEX Offering) is a new and innovative way of crypto fundraising. An IDO is a type of fundraising in which the IDO token is issued through a decentralized liquidity exchange. A decentralized liquidity exchange is a sort of crypto asset exchange that uses liquidity pools to allow traders to trade tokens. Specifically, liquidity pools are made up of a combination of crypto assets and stable currency.
USDT/BTCN, for example, is a liquidity pair. Depending on market conditions, traders can switch between crypto assets and stable coins. Because stablecoins have negligible volatility, they provide a secure solution for traders to handle the excessive volatility of crypto tokens and assets by trading them with others.
At the moment, there are some IDO projects but the IDO of BTCN token is the most highlighted project. The need of IDO is obvious nowadays as it solves the downside of ICO when the participation of third-party influencers is eliminated, even issues about hacker and human error. Furthermore, the buyers and holders both were instantly secured on their wallet and private keys. Thus, IDO plays a big role in the Crypto world and is considered an explosive growth in the near future.
2. About BitcoinNami and its native token - BTCN
BitcoinNami attracted the vast attention of traders at this time and there are always various reasons behind it, but mainly commenced from the IDO of BTCN Token.
BitcoinNami is selected as one of the most attractive platforms in 2021 which brings to you the profit in every second. It can be understood effortlessly since the platform collaborated with several well-known corporations in different fields such as Blockinvest Venture and the reputed Singapore-based cryptocurrency CoinHe. Furthermore, BitcoinNami has a good development goal as a network protocol that links decentralized apps and services, allowing separate blockchains to exchange in a fast and timely way. It is also designed to establish locations where any form of data from various blockchains may be handled, moved, and traded in a swift and sensible way. BitcoinNami targets to be a true multi-chain framework, designed to facilitate cross-chain interoperability and scalability of blockchains.
Transformation of arbitrary data across public, open, permissionless blockchains, private or permissioned blockchains are indispensable to mention about BitcoinNami which created the advantages for BitcoinNami compared to other platforms. Additionally, with the increasing price of BEP-20 token - BTCN and the record of selling over 150K BTCN in 20 minutes, it demonstrated the potential and reliability of this token. At present, with the multi-using of BTCN (on BitcoinNami chain) in Lending and Borrowing, Decentralized Gaming and Mining, BTCN used on both Binance Smart Chain and BitcoinNamichain is predicted to have a significant price increase in the next months. Thus, the IDO on Metamask wallet is a remarkable opportunity for traders to possess this potential token.
3. All about IDO of BTCN Token project.
The IDO of BTCN Token has 4 rounds and the first round was launched from May 26, 2021 to May 29, 2021 on https://ido.bitcoinnami.com/ It created the record for BTCN with 150k sold only in 20 minutes, which illustrates the attractiveness of this project for the traders. The details of IDO below:
- Total supply: 3,000,000 BTCN
- IDO 1: price $1 / BTCN, with 200,000 BTCN
- IDO 2: price $2 / BTCN, with 200,000 BTCN
- IDO 3: price $3 / BTCN, with 150,000 BTCN
- IDO 4: price $4 / BTCN, with 100,000 BTCN
Moveover with the listing of BTCN on Pancake Swap - a top-notch decentralized exchange built on Binance Smart Chain on May 31, 2021. It will enable users to swap between cryptocurrency assets and add it into the pool. The greatest thing is that if the traders purchase the BTCN token during the IDO, definitely the profit will be valuable with the ROI (Return on Investment) 20 times when BTCN is listed on reputable crypto exchanges such as Pancake Swap.
Apart from it, BitcoinNami planned to launch the new external features - Farming where the investors can stake BTCN or LP tokens as BTCN/BNB and BTCN/BUSD and reward the BTCN with the highest APY. It is an ideal method to earn more BTCN when the potential price of this Token is expected to hit 20 times in the near future and you can utilize the idle assets for maximizing the yield.
There are extremely no reasons to not participate in the IDO of BTCN tokens as it has a clear roadmap with the assurance of price increasement. Why don’t you join it today to own the BTCN and be the wisdom traders to gain the uncredible profit from now? BitcoinNami is expected by various experts in the industry to hit a new strike ever in the Cryptocurrency world this year. Starting to invest from today will bring back forward to the traders the success and multiple benefits. Explore more information at https://ido.bitcoinnami.com/
Follow these channels to update the latest news about BitcoinNami and IDO campaign:
Facebook: https://www.facebook.com/bitcoinnami.
Twitter: https://twitter.com/bitcoinnami
Telegram: https://t.me/bitcoinnamiofficial
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.