How to participate in the first IDO on Binance Chain

MEET. ONE
MEET.ONE
Published in
4 min readJun 15, 2019

According to Raven Protocol official news, the IDO of RAVEN will be conducted on Binance DEX:

  • IDO Session Time: 2019/06/17 09:00 AM (UTC) to 2019/06/18 09:00 AM (UTC) or when hard cap is reached. Whichever comes first;
  • RAVEN/BNB pair will be live on DEX at above time where you should place orders;
  • IDO Price: 1 RAVEN = 0.00005 BNB;
  • Individual Cap: 100 BNB

So how to participate IDO of RAVEN on Binance Chain by MEET.ONE wallet? The following is the tutorial.

1. Create a Binance account

A. In the “Me” page, switch to Binance network, some users may need to use a VPN.

B. Click “create account” and set the account name and password (there are no format requirements for the account name, which is used to identify different account).

C. Save the private key exactly and keep it in a safe way.

Attention:

The private key represents the ownership of the account. Once lost or stolen, it will cause irreparable loss of assets. Please do not use the network to share or store the private key.

The private key in the figure is just an example.

D. The way to paste your Binance Chain account

2. Upload your KYC information

The official KYC link:

https://forms.gle/2MP8uPqDYZuYL5oT6

According to the official news:

  • BNB Address (from binance.org)
  • Government-issued identity document (e.g. passport, driving license, ID card)
  • Photograph of yourself (with your face clearly visible)
  • Proof of address document (e.g. a bank statement or utility bill with your name and address showing)
  • Users from the following countries will not be able to participate in the IDO as users will no longer be able to access www.binance.org (https://www.binance.org/) from an IP address belonging to one of the following countries: USA, Albania, Belarus, Bosnia, Burma, Central African Republic, Democratic Republic of Congo, Democratic People’s Republic of Korea, Cote D’Ivoire, the Crimea region of Ukraine, Croatia, Cuba, Herzegovina, Iran, Iraq, Kosovo, Lebanon, Liberia, Libya, Macedonia, Moldova, Serbia, Somalia, Sudan, South Sudan, Syria, Venezuela, Yemen, or Zimbabwe.
  • If you fail to meet KYC or country requirements, then you are solely responsible for the legal repercussions of your purchases and you indemnify Raven Protocol from any such responsibility.

3. Trade in Binance DEX

A. Transfer the BNB to your Binance Chain account.

B. Open the discovery page and click ‘Start Trade Now’. Click the “Sell” or “Buy” button to call up the login page.

B. Choose “ WalletConnect”, and “Get WalletConnect QR code”

C. On the top right corner, click “… ” and “scan”.

This is Binance DEX native login page. For some mobile phones, the QR code is not displayed completely or cannot be recognized, please click “refresh” and try again.

D. After selecting the account, you can trade in Binance DEX.

  • IDO Session Time: 2019/06/17 09:00 AM (UTC) to 2019/06/18 09:00 AM (UTC) or when hard cap is reached. Whichever comes first;
  • RAVEN/BNB pair will be live on DEX at above time where you should place orders;
  • IDO Price: 1 RAVEN = 0.00005 BNB;
  • Individual Cap: 100 BNB

Additional, Raven Protocol working on decentralized and distributed AI training where speed is the key. This is NOT something initiated by Binance, Binance Chain, or Binance DEX.

The content is not a suggestion for an investment decision.

Telegram: https://t.me/MeetOneEnglish

Download MEET.ONE wallet: https://meet.one/download

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