Binance Launchpad reveals results of WazirX’s token sale

by in Cryptocurrency News

WazirX token sale

Binance Launchpad has already published the results of WazirX's token sale. That is the initial token sale of 2020.

According to a press release published on the Binance on February 4, the total amount of winners reached 9033, and the number of winning tickets was 10000.

Over 20000 users were taking part in the lottery and trying their luck to win. Finally, over 136000 tickets were claimed. Each of the participants had a 44% chance to win, and 7.31% more for every ticket.

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This token sale was managed through a single session where participants bought WRX tokens using BNB. During the session, all 10000000 tokens were marketed to Binance members who received their lottery tickets.

Besides, the company mentioned that the BNB balances of all the winners are going to be subtracted during a day according to the number of winning tickets they own.

WazirX is the leading BTC exchange in India, which has an auto-matching P2P generator. The platform calls itself an exchange that is running to provide a resolution to the fiat-to-crypto conversion issues.