The crypto community is buzzing with anticipation for Blum’s expected launch, amid speculation that it could be launched in October 2024 at a price between $0.12 and $0.48.
However, current investigations have dismissed these rumors as baseless. Blum has issued an official statement that the exact launch date will be announced on October 1st via their X page.
In terms of tokenomics, the conversion rate has been set: 3.25 Blum points will be equivalent to one Blum token.
What is Blum Really? This innovative cryptocurrency exchange is the brainchild of former Binance head Gleb Kostarev and Vladimir Smerkis.
Blum is designed as a hybrid platform, combining the strengths of both centralized exchanges (CEX) and decentralized exchanges (DEX).
This structure allows users to make transactions directly from their wallets, emphasizing both security and transparency.
Blum is poised to change the cryptocurrency trading landscape, improving accessibility and security for users worldwide.