Guide: How to Participate Binary Options Initial Coin Offering (ICO) crowdfunding & earn dividends
With Binary.com Initial Coin Offering fundraising campaign, you may earn dividends as a regular trader or investor. It is more similar to IPO (Initial Public Offering), instead of shares cryptocurrency (ethereum) tokens will be issued.
Investor / Trader can bid in order to receive ERC20 tokens. Bidding starts from 15th November 2017 until 25th December 2017.
How does it work?
You can bid and after the end of the auction, you may get ERC20 tokens from Binary.com.
Each token provider will have two token-holder rights
As a token holder, you will receive payments equivalent to shareholder dividends.
Also, you can convert your tokens into ordinary shares.
Step2: After login click on the Subscribe to ICO from your real account menu. It will open the ICO page.
Step3: Now you can bid using your account balance with following currencies AUD, EUR, BTC, GBP, ETH, LTC, USD
You can place a bid in 3 easy steps:
Enter the number of tokens you wish to purchase
Then enter your bid price
click on “place bid”
You can bid as much as you want. Once your bids are successful, you can claim your Ethereum token.
Click on “Claim Token” then select ERC20 token. In order to get the ERC20 token enter the public address of your wallet that supports ERC20 tokens. After that click on” issue onto the blockchain”. See below for the compatible wallet list for ethereum ERC20 tokens.
Frequently Asked Question (FAQ) :
When the dividend gets issued?
Once in every year at the sole discretion of company’s board.
What is the reward for a successful bidding?
Users can claim their ERC20 tokens on Ethereum blockchain and with above mentioned 2 token holder rights