Your favorite crypto news blog

Troy Trade Scheduled To Launch On Binance Launchpad Early December

Other 2019/11/29 20:14 by Livine Sanchez
Troy Trade Scheduled To Launch On Binance Launchpad Early December

Binance recently announced the launch of Troy Trade on one of its platforms, the Binance Launchpad. According to the announcement, Binance is ecstatically happy about this feat as this will be the 13th project to launch on the Launchpad.

Troy Trade will begin with a token sale which will follow a lottery and airdrop format. And according to the timeline of events, this will start on the 3rd of December, 2019.

Binance Launchpad Hits Another Milestone

According to data available on the Binance Launchpad’s platform, Troy Trade will be the 13th project to launch via the platform.

It’s interesting to note that the Binance Launchpad has hosted projects such as GIFTO, BREAD, BitTorrent, WINK, KAVA, among others. Now, Binance would be hosting TROY, a global brokerage platform.

Troy Trade and Its Upcoming Token Sale

According to the information available on its official site, Troy Trade is a global prime broker specialized in crypto trading and asset management.

They provide crypto brokerage services for institutional clients and professional traders with revolutionary products, including spot & margin trading, derivatives, data, custody, lending, and staking in one account.

As per the announcement by Binance, a ticket claim event will precede activities. At this stage, Binance will record the BNB balances of its users between the 3rd of November 2019 to the 3rd of December 2019. Qualified candidates will then be chosen using the Daily Average BNB Balance calculation.

Details About The Upcoming Troy Trade Airdrop

It was also announced that a total of 30,000,000 TROY tokens which is approximately $150,000, would be shared among qualified launchpad participants. Participants will be requested to claim winning tickets to be eligible for this airdrop.

Equally, 10,000,000 TROY tokens would be airdropped to verified users on the platform from eligible countries who didn’t claim their tickets but held not less than 50 BNB tokens at the end of the earlier mentioned period.

Qualified participants will have just 24 hours to claim their ticket before the lottery draw commences on the 4th of December, 2019. Participants are advised to have enough BNB tokens in their spot exchange wallets.

When those with winning tickets are sorted, those who don’t have a winning ticket and those who are eligible but did not participate will then get a share of the airdrop.

The post Troy Trade Scheduled To Launch On Binance Launchpad Early December appeared first on ZyCrypto.

0 Like(s)

You should also read...

Other 17/11/19 14:59 by Guest Author
Velas Masternodes Staking Program is Now Live
Swiss-based Velas, a smart contract platform enabled by Artificial Intuition, has confirmed the official launch of its master nodes staking program. Operating on an AI delegated proof-of-stake consens...
Read More
Altcoins 18/11/19 18:33 by Lorenzo Stroe
Ethereum, Binance Coin to Lead Next Major Rally as Altcoin Season Looks to Prevail
Bitcoin has been outperforming most cryptocurrencies throughout this whole year. Bitcoin’s total market capitalization dominance has been increasing dramatically since January 2018 when it was only ...
Read More
Altcoins 18/11/19 22:41 by Livine Sanchez
The Universal Protocol Alliance Lists Its Token on Bitcoin.com’s Exchange In Its Quest for Blockchain Interoperability
One of the central use cases of blockchain technology is in facilitating multi-party transactions. So, it seems almost ironic that interoperability is turning into one of the biggest challenges hamper...
Read More
Crypto 26/11/19 14:16 by Guest Author
Emirex Doubles Down with IEO Announcement, Building a Comprehensive Crypto Ecosystem in the Middle East
The cryptocurrency space has seemingly revived in 2019. After a massive blood-letting through the course of 2018, the space has begun to regain a new life. The price of Bitcoin, for example, increased...
Read More
Altcoins 28/11/19 19:43 by Guest Author
TROY TRADE Announces Token Sale on Binance Launchpad
Binance, the world’s largest crypto exchange, revealed on Wednesday that the ninth initial exchange offering on the Binance Launchpad will be TROY TRADE,  a global brokerage platform. The upcoming ...
Read More