Binance announces listing date for Launchpad project Celer (CELR)

23 Mar, 2019
by Ryan Boltman
News
Binance announces listing date for Launchpad project Celer (CELR)

Binance have announced the listing date for their recently completed third Binance Launchpad project, Celer Network (CELR) 

The announcement by Binance states that the CELR token will go live on Binance and open trading on 25 March, 4:00 UTC. 

The CELR token will be tradable on BNB, BTC, and USDT pairs. 

Binance has also completed the distribution of CELR tokens to all parties that successfully managed to take part in the Initial Exchange Offering.

 Read more: CELR sells out in 17 minutes, CZ: "highest demand we have seen"

Celer recently completed a $4 million Binance Launchpad round with the sale of 500 million CELR tokens. The tokens all sold out in 17 minutes with Binance CEO Changpeng Zhao stating "this is actually the highest buy demand sale we seen so far." Out of over 39,000 participants, only 3129 were able to get CELR tokens. 

Initial Exchange Offerings have picked up steam since Binance began launching them earlier this year, and the trend appears to be picking up across other exchanges. 

Read more: Huobi announces IEO date launch and first token sale details

Could the IEO eventually replace the ICO? 

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Read more about: Binance

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