Buy BSCPAD
What is BSCPAD?
BSCPAD is a decentralised Initial DEX Offering (IDO) platform built on the Binance Smart Chain (BSC). It aims to transform the way blockchain projects raise liquidity and distribute tokens by providing a fair and transparent launchpad system. BSCPAD seeks to ensure all participants have equitable opportunities to invest in new projects without the disadvantages often faced by smaller investors in traditional launchpads.
How does BSCPAD work?
BSCPAD operates on the Binance Smart Chain (BSC), utilising its fast and low-cost blockchain network. It leverages smart contracts to automate security checks and manage the token distribution process. The platform employs a two-round system for its IDO process:
- Allocation Round: Guarantees allocation for every tier, eliminating the influence of bots and lotteries.
- First Come, First Serve (FCFS) Round: Allows participants to buy remaining tokens.
BSCPAD uses the Proof of Staked Authority (PoSA) consensus mechanism to ensure fast and secure transaction processing. This system combines Proof of Stake (PoS) and Proof of Authority (PoA).
What are the potential use cases for BSCPAD?
BSCPAD serves multiple potential use cases:
- Blockchain Project Fundraising: Provides a fair platform for early-stage projects to raise funds and distribute tokens.
- Decentralised Finance (DeFi): Assists projects in raising liquidity essential for DeFi applications and decentralised exchanges (DEXs).
- Community Engagement: Operates on a decentralised model, involving the community in project selection and token sale processes.
Real-world examples include projects like Vapor Wallet, Fight Of The Ages, and Tidex, all of which have successfully used BSCPAD for their IDOs.
What is the history of BSCPAD?
The specific historical details of BSCPAD's development, such as founding dates and major milestones, are not provided in the available sources. For precise historical information, one should refer to BSCPAD's official communications or detailed documentation provided by the project.
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Frequently Asked Questions (FAQs)
What is the current price of BSCPAD (BSCPAD)?
The BSCPAD price is $0.09999723 AUD, representing a -6.27% from the day prior.
Where is the best place to buy BSCPAD (BSCPAD) in Australia?
The best place to buy BSCPAD (BSCPAD) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell BSCPAD (BSCPAD) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of BSCPAD (BSCPAD)?
The trading volume of BSCPAD (BSCPAD) is $462.8K AUD in the last 24hrs, representing a -6.27% from the day prior.
How can I buy BSCPAD (BSCPAD)?
BSCPAD (BSCPAD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of BSCPAD (BSCPAD)?
The current market cap of BSCPAD (BSCPAD) is $7.7M AUD.
Can I convert BSCPAD (BSCPAD) to cash?
Yes - With Coinstash you can convert your BSCPAD (BSCPAD) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many BSCPAD (BSCPAD) are there?
The current circulating supply of BSCPAD (BSCPAD) is 79.2M.
Is Coinstash a safe place to buy BSCPAD (BSCPAD) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling BSCPAD (BSCPAD) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.