Blum is a hybrid cryptocurrency exchange created by former Binance executives Gleb Kostarev and Vladimir Smerkis. The platform combines the benefits of centralized and decentralized exchanges (CEX + DEX), allowing users to trade directly from their wallets while maintaining security and transparency. This innovative approach aims to transform the crypto trading landscape, offering both user-friendliness and security.
Regarding rumors about Blum's launch in October 2024 and price projections of $0.1 or $0.5, these claims are false. According to official announcements, Blum will start providing updates from October 1, 2024, and will announce the launch date on their official X page. Additionally, the conversion ratio will be 3.33R, meaning 3.33 Blum points will equal 1 Blum token.
