Binance Lists Celer Token (CELR) on 25 March
Binance will open trading for Celer on 25 March. Three different pairs are available for trading CELR/BNB, CELR/BTC and CELR/USDT pairs at 2019/03/25 4:00 AM (UTC).
The Celer Token (CELR) sale is successfully completed on Binance Launchpad. The Celer token sale is complets in less than 20 minutes. More than 39,000 users tried to buy the tokens in sale however 3200 users get it.
The number of CELR tokens allocated for the Binance launchpad is 597,014,925 tokens. Only BNB (Binance Coin) is accepted in the sale. The price of one Celer is set to 0.000434 BNB (approx. $0.0067 USD). The minimum limit to buy Celer tokens is set to $20 and the maximum limit is $1500 per user.
Celer Network Overview
- Celer Network is a layer-2 scaling platform that enables fast, easy and secure off-chain transactions for payments and generalized off-chain smart contracts.
- Founded by four PhDs from MIT, Princeton, UC Berkeley and UIUC, the network enables anyone to quickly build, operate, and use highly scalable decentralized applications through innovations in off-chain scaling techniques and incentive-aligned cryptoeconomics mechanism designs.
KEY FEATURES & HIGHLIGHTS
- Zero off-chain smart contract transaction fees
- Already achieved 10,000X transaction latency reduction
- Accelerates both payment and smart contracts
- 100X fee reduction for micro-payment on Ethereum comparing to directly transacting on Ethereum
- Horizontally scalable as additional nodes join
Binance launchpad conducted three ICOs BitTorrent (BTT), FetchAi (FET) and Celer (CELR). All ICOs are successful and completed within a couple of minutes. The success of Binance launchpad encourage other to launch ICOs on their platform.
Huobi the sixth largest exchange by daily trading volume announces its new ICO platform Huobi Prime. The Huobi ico is meant to be held on 26 March. Bittrex also tried to do something like Binance launchpad but the IEO (Initial Exchange
