Blum is an innovative hybrid cryptocurrency exchange, co-founded by former Binance executives Gleb Kostarev and Vladimir Smerkis. The platform seamlessly integrates the advantages of both centralized (CEX) and decentralized (DEX) exchanges, offering users the ability to trade securely and transparently, directly from their wallets. This cutting-edge approach is poised to reshape the crypto trading landscape by making it more accessible and secure for users.
Recently, there have been rumors suggesting that Blum is set to launch in October 2024, with an initial token price ranging between $0.10 and $0.50. However, my findings indicate that these claims are inaccurate. Blum has only confirmed that, starting October 1, they will announce the official launch date via their X (formerly Twitter) account. Additionally, the token conversion rate has been set at 3.33R, meaning that 3.33 Blum points will be equivalent to 1 Blum token.
