Bibox DeFi Will List BankSocial (BSOCIAL) on 5/27/2021

Dear Biboxers,

Bibox DeFi Innovation Board will list BankSocial (BSOCIAL) on 5/27/2021.

【Bibox's instructions on BSOCIAL contract mechanism processing】

According to BSOCIAL's contract mechanism, users need to pay a 7% fee to the token contract every time they transfer money on the chain.Therefore, Bibox has the following rules for BSOCIAL deposit/withdrawal processing:

Deposit：Bibox deposit requires payment of 7% of the token contract fee.That is, the user successfully deposit to Bibox, the actual amount received = transfer amount-contract fee.

Withdrawal：According to BSOCIAL’s contract mechanism, Bibox charges a 7% Bibox collection fee for each withdrawal; The actual remitted amount of withdrawal = user's BSOCIAL withdrawal amount-Bibox collection fee-token contract mechanism fee.

*ERC transfer fees will be normally deducted from the actual token withdrawal amount.
For details of the token contract mechanism, please contact BSOCIAL official.

I. Listing Time

5/26/2021 14:00 (UTC+8), deposit and withdrawal functions will be enabled.

5/27/2021 11:00 (UTC+8), BSOCIAL/USDT trading pair and Grid Trading will be enabled.

II. Token Information

BankSocial™ is a first-of-its-kind Decentralized Financed (“DeFi”) peer-to-peer lending platform built on Ethereum. Initially, members will be encouraged to hold $BSOCIAL crypto by redistribution of all token sales. Its vision is to build a proprietary BLOCKSCORE™ social credit scoring system and social consensus lending pool, built with the security of smart contracts, to provide asset backed lending to the world.

Total Supply: 10,000,000,000,000 BSOCIAL

Please be aware that crypto market price is volatile upon listing. Please trade cautiously after evaluating the market carefully.

III. Related Links

Official Website：https://banksocial.io/

White Paper：Click for Detail

Block Explorer (ERC20): Click for Detail

Fees: Click for Detail

Click here to deposit

Deposit Guide

Risk Warning：

Cryptocurrency investments are risky. Please make investments wisely according to your own risk tolerance.

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