The crypto space is abuzz with excitement about Blum's much-awaited launch, with rumors swirling that it could debut in October 2024 at a price range between $0.10 and $0.50. However, recent investigations confirm that these rumors are false. Blum has officially stated that they will unveil the actual launch date starting October 1, exclusively on their X (formerly Twitter) page.
One fact is clear: the token conversion rate has been confirmed. Users can expect 3.33 Blum points to be converted into 1 Blum token, laying the groundwork for the next phase of their platformâs rollout.
### What Exactly is Blum?
Blum is a cutting-edge hybrid cryptocurrency exchange, designed by former Binance executives Gleb Kostarev and Vladimir Smerkis. By blending the advantages of centralized (CEX) and decentralized (DEX) exchanges, Blum allows users to trade directly from their wallets while prioritizing security, transparency, and a user-friendly experience. This innovative approach is set to transform crypto trading, making it more accessible and secure for all users.
Blum is more than just another platformâitâs poised to change the way people trade digital assets, ensuring both the ease of CEX and the autonomy of DEX under one roof.
### Stay Tuned for Official Updates
As we await further announcements, keep an eye on Blum's X page for the latest updates. The Blum revolution is just beginning, and the platform promises to bring something truly game-changing to the crypto market.
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