Square Token was developed specifically for payment systems in GoFintech Group’s ecosystem of companies and partners. It is a cryptocurrency that is automatically burned during payments and makes a high demand deflationary utility Token with over 100,000 active communities. In this article, as Kriptokoin.com, “What is Square Token?” We will answer the question. In addition to these, we will touch on all the questions about the project.
What is Square Token? What does SQUA do?
SQUA Token is built on top of the Blockchain Binance Smart Chain (BSC) network using BEP20. BSC is a Blockchain network designed to run applications based on smart contracts. BSC runs in parallel with Binance’s native Binance Chain. It offers users the best of both worlds: BC’s high transaction capacity and BSC’s smart contract capability.
BSC is highly advantageous to other Blockchains as it has an optimized network with low transaction costs in its main layer. It also facilitates the trading of cryptocurrencies with the Binance exchange.
What are the advantages?
- Refunds on purchases,
- Inflation control method,
- Discounts on products and services,
- Liquidity in exchanges, DeFi,
- scoring system and credit card,
- It is also created with a limited maximum limit of 5 million units.
How is private sale structured?
- The private sale is structured in 3 rounds:
- Private Sale 1: Serves only the first 6,000 whitelisted participants, first come, with a fixed contribution of 100 Tokens per user.
- Private Sale 2: First come, first served serving only the first 9,000 whitelisted participants with a fixed contribution of 20.50 and 100 Tokens per user.
- Private Sale 3: First come, first served only to the first 15,000 whitelisted participants with fixed contributions of 20, 50 and 100 Tokens per user.
- Token listing: Listing on the decentralized Pancakeswap exchange on January 10, 2022, 18:00 UTC+0.
What is Square Token? How to buy SQUA?
Exchanges that can be traded with SQUA; PancakeSwap (V2) and Bilaxy. To purchase coins, these steps are followed:
First of all, access the web/mobile application of the stock market that lists the SQUA you have chosen as the first step. Then complete the account opening steps of the exchange. Complete the next step, the authentication and approval process. Follow the steps of the exchange, which is the next step, to deposit funds. As the last step, select the SQUA Token with the balance you want and create a purchase order. Store in your trusted cold or hardware wallet accounts.
