There have been rumors circulating that Blum will launch in October 2024, with a projected price ranging from $0.1 to $0.5. However, based on my research, these rumors are false. Blum has only announced that starting from October 1st, they will reveal the official launch date on their page on X (formerly Twitter). The conversion rate for Blum tokens is set at 3.33r, meaning 3.33 Blum points will equal 1 Blum token.
What is Blum?
Blum is a hybrid cryptocurrency exchange founded by former Binance executives Gleb Kostarev and Vladimir Smerkis. The platform combines the benefits of both centralized and decentralized exchanges (CEX and DEX), allowing users to trade directly from their wallets while maintaining security and transparency. This innovative hybrid model has the potential to transform the crypto trading landscape by making it both user-friendly and secure.
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