BinoFi’s Presale Surges, 3 million tokens (BINO) Sold in Just 24 Hours

Initial coin offerings (ICOs) are among the most profitable ventures in the crypto industry. Token presales and ICOs offer investors a lifetime opportunity to participate in crypto projects before they grow into self-sustaining ecosystems.  

Early adopters usually get exclusive benefits by supporting the projects before they mature and in the process they get rewarded. BinoFi is a new DeFi project whose presale has taken crypto-savvy investors by storm. The project is running its first presale phase which sold 3 million of the allocated BINO tokens in 24 hours.

BinoFi presale surges during its first ICO phase

BinoFi is a new crypto exchange project with a hybrid operating model amalgamating the best features of centralized and decentralized crypto exchanges. The project leverages modern technology and artificial intelligence to boost user experience and create a conducive environment for crypto trading activities. BinoFi’s first presale phase has significantly attracted investors, leading to a 3 million BINO sell-out in just 24 hours.

The project’s developers have scheduled a presale with the objective of distributing 2 billion BINO tokens at different prices depending on the presale phase. At the time of this publication, investors are purchasing BINO tokens at an average discounted price of just $0.02. BinoFi offers an exciting once-in-a-lifetime opportunity  for new and experienced crypto investors to create wealth by investing in a solid project with real utility. Some say Buying BinoFi (BINO) at the current prices is like buying Bitcoin a decade ago.

The tokens will retail for $0.038 when the presale reaches phase 10 and finally end phase 20 at an average price of $0.058. The team has set a launch price of $0.30. This implies that investors who participate in the project’s current phase will have gained 1200% at the launch price. A $1,000 investment will be worth $14,000 when the project launches. Imagine what a $10,000 investment would yield.

BinoFi’s rewarding mechanism: What investors need

The team behind the project’s development has set measures to encourage early participants to hold BINO tokens for the long term. The team will reward presale investors who stake their tokens once the token generation event ceases. 

The investors will receive additional staking rewards and presale bonuses for their early support and participation. The presale investors will also qualify to participate in early governance and decision-making of the project in the BinoFi decentralized autonomous organization. 

Investors will also receive additional trading benefits such as discounted trading fees when transacting on the BinoFi crypto exchange platform. Traders holding 10,000 BINO will receive a 10% fee discount on their trading fees while those who hold 40,000 BINO will receive a 25% cut on their trading fees. Investors holding 80,000 BINO will receive a 50% cut from their DEX and CEX transactions.

The BinoFi developers are building a self-sustaining ecosystem with inbuilt revenue-generating activities. The business model is structured to generate income around the clock, providing sustainability even during harsh market conditions and crypto meltdowns. 

The platform’s primary revenue streams include trading fees paid by investors and traders. The platform charges a standard rate of between 0.10% and 0.25% per trade which varies depending on market conditions and liquidity.

Learn more about BinoFi:

Website:  https://binofi.com

Whitepaper:  https://whitepaper.binofi.com

Telegram:  https://t.me/binofilabs

Twitter: https://x.com/Binoficom

CoinMarketCap: https://coinmarketcap.com/currencies/binofi/