Dear Users,
Binance Launchpad has opened the investment channel for STEPN (GMT) on March 9, 2022, at 14:00 (UTC+8). This Launchpad follows the staking model, where eligibility is based on users’ 77-day BNB average holdings.
Key Participation Details:
- Exchange Rate: 1 GMT = 0.00002514 BNB (~$0.01 USD, based on BNB at $397.9).
- Investment Window: 3 hours (14:00–17:00 UTC+8).
- Eligibility: Check your staking quota via the webpage or mobile app.
- Hard Cap: $15,000 equivalent per user (1,500,000 GMT, deducting ~37.698 BNB).
Post-Investment Timeline:
- 17:00 UTC+8: Investment closes; token allocation calculations begin (1-hour process).
- 18:00 UTC+8: Results announced. Corresponding BNB deducted; GMT and remaining BNB distributed to spot wallets.
Important Notes:
- Only BNB in spot wallets can be used (transfer from other accounts like savings if needed).
- Once staked, BNB cannot be withdrawn until allocation completes.
- KYC required. Excluded regions: Belarus, Mainland China, Cuba, Iran, North Korea, Syria, the U.S. (and territories), Zimbabwe, and others.
👉 Learn how to register on Binance
Frequently Asked Questions (FAQs)
Q1: How is GMT allocation calculated?
A1: Based on your 77-day BNB average holdings and adherence to the hard cap.
Q2: Can I participate without KYC?
A2: No. Full identity verification is mandatory.
Q3: What if I miss the 3-hour window?
A3: Late submissions are not accepted. Set reminders to avoid missing deadlines.
Q4: Where can I trade GMT after launch?
A4: GMT/BTC, GMT/USDT, GMT/BUSD, and GMT/BNB pairs will list on Binance Innovation Zone at 20:00 UTC+8.
Risk Disclaimer
Cryptocurrency trading involves high risk. Binance does not guarantee compensation for losses. Invest cautiously.
For project details, refer to:
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