Binance Completes the AC Milan Fan Token Discount Sale and Will Open Trading for ACM

2021-02-24 09:00

Fellow Binancians,

Binance has completed the subscription format discount sale for AC Milan Fan Token and the final token allocation results are now showing on the AC Milan Fan Token Discount Sale Page.

Binance will list AC Milan Fan Token (ACM) and open trading for ACM/BTC, ACM/BUSD and ACM/USDT trading pairs at 2021-02-24 11:00 AM (UTC). Users can continue to start depositing ACM in preparation for trading.

Note:

A total of 27,414 participants committed 5,709,829.9577 BNB during the subscription period, representing an oversubscription of 1,484x.
31 participants reached the 1,025.6410 ACM hard cap, resulting in their allocation being passed down to the remaining users. For further information on how this is calculated, refer to a detailed guide here.
The corresponding BNB tokens will be deducted from your already-locked BNB balance within 90 minutes of this announcement. Once deducted, your ACM and remaining BNB tokens will both be transferred to your spot wallet.
The token purchase price was set at 1 ACM = 0.02006172 BNB or ~ 4.875 USD (using a BNB price of 243 USD), as per the previous announcement here.
The AC Milan Fan Token (ACM) CHZ network smart contract is available here.

As a reference for users that participated:

Users that committed 50 BNB received an allocation of 1.94482723 ACM and will have 0.03901658 BNB deducted.
Users that committed 500 BNB received an allocation of 19.44827239 ACM and will have 0.3901658 BNB deducted.
Users that committed 5,000 BNB received an allocation of 194.48272408 ACM and will have 3.90165796 BNB deducted.

Further Information:

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2021-02-24

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