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FC Porto (PORTO) Fan Token Sale on Binance! - Why you should choose Binance ?The Top Crypto Exchange

FC Porto Fan Token (PORTO) Sale on Binance Launchpad! You can now stack your BNB to get PORTO


23rd project on Binance Launchpad - FC Porto Fan Token (PORTO). The token sale for FC Porto Fan Token will follow the Binance Launchpad


Subscription format, with the recording of user BNB balances starting at 2021-11-06 00:00


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Binance will record user BNB balances for 10 days from 2021-11-06 00:00 AM (UTC) to 2021-11-16 00:00 AM (UTC). The final BNB holding amount for each user will be determined as the average of the 10 days, using the Daily Average BNB Balance calculation previously announced here.


PORTO Token Sale Details:

  • Token Name: FC Porto Fan Token (PORTO)

  • Launchpad Hard Cap: 4,000,000 USD

  • Hard Cap Per User: 10,000 USD (10,000 PORTO)

  • Total Token Supply: 40,000,000 PORTO

  • Total Tokens Allocated to Binance Launchpad: 4,000,000 PORTO (10% of Total Token Supply)

  • Public Sale Token Price: 1 PORTO = 1 USD (price in BNB will be determined prior to subscription)

  • Token Sale Format: Subscription

  • Supported Sessions: BNB only

  • The FC Porto Fan Token is a BEP-20 utility token designed to revolutionize the fan experience for all FC Porto supporters.



Subscription Timeline:


Preparation Period 2021-11-06 00:00 AM to 2021-11-16 00:00 AM (UTC)


During this period, user BNB Coin balances will be calculated in hourly snapshots for each day over a 10-day period. Your final average daily BNB balance over these 10 days will determine the maximum amount of BNB that you can commit later on.


Subscription Period 2021-11-16 06:00 AM to 2021-11-16 09:00 AM (UTC)

Subscription will open at this time for all eligible users for a 3 hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB. Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.


Calculation Period 2021-11-16 09:00 AM to 2021-11-16 10:00 AM (UTC)


Subscription closes and token allocation calculation begins.

Final Token Distribution 2021-11-16 10:00 AM (UTC): Your token allocation will be calculated and the corresponding BNB Coin will be deducted from your already-locked BNB amount. Once deducted, your PORTO and BNB tokens will both be transferred to your spot wallet.


Reminder: Users need to complete their account verification and also be from an eligible jurisdiction to participate in this token sale.


Users from the following countries or regions will not be able to participate in token sales on the Binance Launchpad platform:

Belarus, People's Republic of China, Democratic Republic of Congo, Cuba, Iraq, Iran, North Korea, South Sudan, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.


Risk Warning: Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and you should ensure that you fully understand the risks involved. Before trading, please take into consideration your level of experience, purchase objectives, and seek independent financial advice if necessary. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on the legal requirements in your country of residence


Why Binance?


Among the very few options that meet the criteria, we want to invite you to join Binance.com. As the world’s largest cryptocurrency exchange by trading volume, with 26 supported languages, we offer you an ecosystem of crypto-related products and services like no one else. Multiple deposit and withdrawal methods, a wide range of trading pairs, lowest fees, unbeatable matching engine, and 24/7 support prepared to resolve your issues in 11 languages. Trade on the go with the Binance App or enjoy the performance of Binance Desktop.


Additionally


Binance Exchange offers a wide variety of options to increase your cryptocurrency holdings even when you are not trading. With Binance, you can assign your tokens to te various activities and services that we regularly run on the platform.


5% of the commission is returned to you

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