KASTA is the native token of Kasta, a crypto payment platform that enables instant, borderless peer-to-peer crypto transactions.
Commit a certain amount of BIT to the new project for KASTA distribution.
Bybit Launchpad listed Kasta (KASTA)
KASTA is the native token of Kasta, a crypto payment platform that enables instant, borderless peer-to-peer crypto transactions. Also, they will not charge any fees for payments made in the same cryptocurrency or between two users.
Here are token details:
| Name: | KASTA |
|---|---|
| Total offer: | 1,500,000,000 CAST |
| Total allocated to Bybit Launchpad: | 25,000,000 KASTA (1.67% of total offer) |
| Limit per user: | 9,500 KASTA |
| Price: | 1 KASTA = $ 0.04 (The exchange rate between the BIT and KASTA will be confirmed when the subscription period starts) |
| Format: | Multiple Subscription |
| Committed token: | BIT only |
The screen capture period is from 0:00 AM (midnight) (UTC) on December 31, 2021 to 11:59 PM (UTC) on January 4, 2022.
During this 5-day period, the average daily balance of BIT in your Spot, ByFi and Derivatives account will be automatically recorded through hourly screenshots.
It will be updated every day at 3:00 AM (UTC).
The average daily balance of 5 days of BIT in your Spot account, in your ByFi and Derivados account will determine the maximum amount of BIT that you can allocate to the kasta project (KASTA), so recharge BIT now.
The subscription period is from 3:30 AM to 10:59 AM UTC on January 5, 2022.
You must click the “Allocate Now” button to commit a certain amount of BIT for the new project during this subscription period.
Please note that the amount of BIT you have committed will be locked and cannot be accessed for transfers, withdrawals or exchanges until after the final distribution of KASTA.
The distribution period is from 11:00 AM to 11:59 AM UTC on January 5, 2022.
Your final KASTA allocation amount = (the amount of BIT you have committed / the total amount of BIT committed by all participants) * the total amount of KASTA allocated for the project.
Based on the result of your final KASTA allocation, the corresponding BIT equivalent will be deducted from your committed amount, while your KASTA allocation and the remaining BIT will be credited back to your Spot Account.
Please note that the maximum amount of KASTA you can receive is capped at 9,500 and the amount that exceeds the cap will be allocated to participants who have not yet reached this cap.
The new spot pair, KASTA / USDT, will be active for trading at 12:00 PM (UTC) on January 5, 2022, if liquidity conditions are met.
Ready to prepare for the project? Here are two things you can do right now.
- Deposit or transfer BIT to your Spot account
- Mark on your calendar the subscription period
You must complete the KYC L1 requirement or business verification in order to participate in the event. Users from restricted countries cannot participate in the event. Please log in to your Bybit account and click here to complete the KYC verification.
The BIT balance of your cash account, your ByFi account and your derivatives account will be counted during the capture period. Please note that only your BIT balance and the BITs staked in the Launchpool will be automatically counted in the capture of your ByFi account. BITs staked on other Bybit Earn products (eg dual investment) will not be included. Your BIT balance capture for the current day will be updated at 3:00 AM (UTC) the next day.
During the subscription period, if you have staked BIT in the Launchpool, deactivate it first and manually transfer it to the Spot Account. If you have BITs in the ByFi Account or Derivatives Account, manually transfer the BITs to the Spot Account.
The minimum amount of BIT that you can commit is 50.
The average daily amount of BIT in your Spot Account, ByFi Account and Derivatives Account from 0:00 AM (UTC) on December 31, 2021 to 11:59 PM (UTC) on January 4, 2022, must be equal to or greater than 50, and will be rounded to the nearest whole number.
Please check Bybit official website or contact the customer support with regard to the latest information and more accurate details.
Bybit official website is here.
Please click "Introduction of Bybit", if you want to know the details and the company information of Bybit.
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April 24, 2024
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