Blockbid has decided it would be more constructive to allocate the funds we had set aside for a third party exchange listing towards completing the build of our own exchange.
Blockbid tokens will continue to trade on EtherDelta, and to counterbalance the removal of additional liquidity another exchange would have provided, Blockbid has placed a 25 ETH buy order for BID tokens at 0.003 ETH and a 30 ETH sell order for BID tokens at 0.005 ETH.
The market cap at 0.003 ETH is circa $2.5m, and the market cap at 0.005 ETH IS circa $4m. Our total supply is 1.1m tokens, of which 800,000 are circulating.
This will allow those that wish to buy or sell BID tokens in a timely manner at fair market rates to do so.
We are also still looking to list on IDEX, a decentralised exchange similar to EtherDelta but more user friendly.
Thanks for your continued support!
Topic: Blockbid Provides Trading Liquidity on EtherDelta (Read 173 times)
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