Binance Completes the Arkham Subscription Launchpad and Will Open Trading for ARKM

Important Notice:

To protect users from high volatility when trading commences under Launchpad, we will be trialing an initial price limit mechanism where for the first five minutes of trading the maximum transaction price is set at ten times the public sale token price (i.e., in the case of ARKM, $0.50, ten times of public sale token price). After the initial five minutes, there will be no restrictions and trading continues as normal. Note that this initial price limit mechanism is being trialed for the ARKM token launch and it is yet to be determined if this will be an ongoing feature of all future Launchpads.

Fellow Binancians,

Binance has completed the subscription format Launchpad for Arkham and the final token allocation results are now showing on the Arkham Launchpad Page.

Binance will list Arkham (ARKM) in the innovation zone and open trading for ARKM/BTC, ARKM/USDT, ARKM/TUSD, ARKM/BNB and ARKM/TRY trading pairs at 2023-07-18 12:00 (UTC).

Users will enjoy zero maker fees on the ARKM/TUSD trading pair until further notice.

• A total of 114,454 participants committed 10,182,983.2626 BNB during the subscription period, representing an oversubscription of 990x. 

• 3 participants reached the 300,000 ARKM hard cap, resulting in the participants’ allocation being passed down to the remaining users. For further information on how this is calculated, refer to a detailed guide here.

• As a reference for users that participated:

  • Users that committed 50 BNB received an allocation of 246.1109 ARKM and will have 0.05063977 BNB deducted.

  • Users that committed 500 BNB received an allocation of 2,461.1088 ARKM, and will have 0.50639775 BNB deducted.

  • Users that committed 5,000 BNB received an allocation of 24,611.0880 ARKM and will have 5.06397745 BNB deducted.

The corresponding BNB tokens will be deducted from your already-locked BNB balance within 60 minutes of this announcement. Once deducted, your ARKM and remaining BNB tokens will both be transferred to your spot wallet.

Note:

• The token purchase price was set at 1 ARKM = 0.00020576 BNB or 0.05 USD (using a BNB price of 243 USD), as per the previous announcement here.

• The Arkham (ARKM) smart contract: ERC20

Further Information:

• Arkham (ARKM) Project Research Report

• Introducing the Arkham (ARKM) Token Sale on Binance Launchpad!

• Subscription for the Arkham (ARKM) Token Sale on Binance Launchpad Is Now Open

Note: Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-07-18