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Binance To Open Trading For QuarkChain (QKC) and Risk Warning

2018-06-04 17:56

Fellow Binancians,

Binance will open trading for QKC/BTC and QKC/ETH trading pairs at 2018/06/05 4:00 AM (UTC).

High Risk Warning:

There is currently only 3.61% of the total supply of QKC tokens in circulation at the time of listing. The total supply is 10,000,000,000 QKC. [The ICO price was USD 0.018]. This may cause extreme price volatility. Please exercise caution when trading in the QKC trading pairs.

According to the QKC team, the future QKC circulating supply as at each date below is estimated to be:

Date

Circulating Supply

% of Total Supply

4 Jun, 2018

360,888,888

3.61%

4 Jul, 2018

770,500,000

7.71%

4 Aug, 2018

1,069,000,000

10.69%

4 Sep, 2018

1,337,142,857

13.37%

4 Oct, 2018

1,518,976,190

15.19%

4 Nov, 2018

1,921,309,524

19.21%

4 Dec, 2018

2,293,285,714

22.93%

Mainnet is scheduled to start in early Jan 2019. As such, mining rewards that add to circulating supply are unable to be accurately estimated from this point forward.

 

Thanks for your support!

Binance Team

2018/06/05

 

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Twitter: https://twitter.com/binance