Users can now subscribe to the Space ID (ID) token on the Binance Launchpad platform. The subscription will last for three hours, and users can verify their eligibility and deposit their BNB into the Space ID token sale based on the average BNB holdings in the past five days. The BNB price for the ID token sale is set below. Upon completion of the subscription, Binance will list the Space ID (ID) token in the innovation zone and open trading with pairs ID/BTC, ID/USDT, and ID/BNB on March 22, 2023, at 12:00 (UTC).
Additional Information
1 ID = 0.00007412 BNB or $0.025 (using a BNB price of $337.3). Users will have three hours to subscribe, during which they can deposit their BNB tokens between 6:00 and 9:00 (UTC) on March 22, 2023. Users must also sign the ID Token Purchase Agreement before depositing their BNB. The maximum amount of BNB each user can deposit has been calculated based on average BNB holdings in the past five days.
Important: Only BNB in users' spot wallets can be used for deposits. If your BNB is in other accounts such as Launchpool or BNB Vault, you will need to first withdraw those funds to your spot wallet. Keep in mind that once your BNB is deposited, it will be locked and you will not be able to withdraw or access other features such as transfers, withdrawals, or trading until the final token distribution.
After the subscription ends on March 22, 2023, at 9:00 (UTC), the ID token allocation calculation will begin and the entire process will take one hour. The final ID token allocation results will be announced on March 22, 2023, at 10:00 (UTC), when the corresponding amount of BNB will be deducted from the already locked BNB amount within 60 minutes. Once deducted, your ID and remaining BNB tokens will be transferred to your spot wallet.
Note: There is a hard cap of $15,000 (600,000 ID or 44,471 BNB) that can be allocated to each user. For detailed calculation rules, click here. Smart contracts for Space ID (ID): BEP-20: 0x2dfF88A56767223A5529eA5960Da7A3F5f766406 ERC-20: 0x2dfF88A56767223A5529eA5960Da7A3F5f766406