CropBytes (CBX) on Bybit Launchpad

Bybit Launchpad lists CropBytes (CBX)

Loyal users of Bybit, the long wait is coming to an end.

Bybit is pleased to announce that the second phase of Bybit Launchpad’s CropBytes (CBX) project will be officially launched on October 28, 2021 at 10 am UTC.

At that time, you can use BIT to participate in the subscription of the new Bybit Launchpad project.

Bybit looks forward to your participation!

Details of the token sale:

Token name: CropBytes (CBX)
Total tokens: 500,000,000 CBX
Launchpad allocation: 3,000,000 CBX (0.6% of total supply)
Single user allocation limit: 5,000 CBX
Exchange ratio: 1 CBX = 0.1 USD (the actual exchange ratio between BIT and CBX will be announced before subscription)
Participation mode: Subscription
Participate in the subscription currency: BIT only

Go to Bybit’s Official Website

How does it work?

1. Position snapshot period

October 31, 2021 00:00 UTC to November 4, 2021 23:59 UTC (Daily 00:00 to 23:59 UTC is a snapshot day, and snapshots are taken hourly every day) During the 5-day holding snapshot period, the platform will count the 5-day average daily BIT holdings in the user’s spot account and update it on the designated page with 3:00 UTC the next day.

2. Subscription period

From 3:30 to 10:59 UTC on November 5, 2021 (for 7.5 hours) You must click “Subscribe now” during the subscription period and invest in BIT to participate in the current Launchpad (the upper limit of BIT investment depends on 5 days The daily average number of positions held by the BIT).

Please note: After participating in the subscription, the platform will temporarily lock the BIT in your spot account.

Trading, transfer, exchange and withdrawal are not allowed during the lock-up period.

3. Token distribution period

November 5, 2021 11:00 to 11:59 UTC (for 1 hour) According to your final token distribution, the system will deduct the corresponding BIT locked in the spot account and distribute The received tokens will be issued to your spot account. (The remaining undeducted BIT will also be returned to your spot account)

The number of tokens allocated = (the BIT you participated in the subscription / the BIT subscribed by all participating users) * the number of tokens sold by Launchpad in this period.

Please note: The activity requires individual KYC L1 or institutional KYC.

4. Launch Period

The new spot trading pair CBX/USDT will be launched on November 5, 2021 at 12:00 PM UTC time.

Are you ready to participate in the new issue of Launchpad? Prepare BIT and set sail.

Buy BIT