There have been circulating rumors that Blum will launch in October 2024, with a projected price between $0.1 and $0.5. However, based on my research, these rumors are false. Blum has only announced that starting from October 1, they will reveal the official launch date on their X (formerly Twitter) page. Additionally, the conversion ratio has been set at 3.33:1, meaning 3.33 Blum points 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 integrates both centralized and decentralized exchange models (CEX + DEX), allowing users to trade directly from their wallets with enhanced security and transparency. This hybrid approach is poised to transform crypto trading by making it both more user-friendly and secure.
