TowerBee + TowerX ICO is live on TowerX.co

TowerBee
TowerBee
Published in
4 min readAug 24, 2018

TowerX.co is a cryptocurrency exchange by TowerBee

Main details

TowerX website: www.TowerX.co

Currency accepted: ETH

Price of TBE: 1 ETH = 8000 TBE, approx $0.06 per TBE

KYC: Required for contribution more than 20 ETH.

Restricted: Residents and Citizens of US are not allowed to participate. Sorry.

Amount of TBE available in ICO = 256,278,384

ICO is live now and ends on 22 September 2018.

To be 100% sure of getting TBE tokens try to be in the first 30% of the users to place buy orders.

(Short Description: In case total quantity of buy orders are more than the total quantity of available TBE (i.e. Hard cap exceeded), first 30% orders will be allotted TBE first. After that remaining users will be allotted TBE on random basis with everyone having an equal chance of getting TBE. Read more details here)

Process to participate in ICO

There are 3 simple steps:

Step 1: Register at TowerX.co

Step 2: Deposit ETH to your account at TowerX

Step 3: Place buy orders for TBE

Steps explained in detail

Step 1: Register at TowerX.co

Go to website TowerX.co

Click on “Register” link. Fill in the required details and click “Sign Up”.

An email containing security code will be sent to your email id. Enter the security code to complete the registration process.

Step 2: Deposit ETH to your account at TowerX

Login to your account at TowerX.

Go to Funds → Balances as shown in below image. You will see the list of various tokens on this page.

Click on the “Deposit” link of the Ethereum (ETH).

You will see the deposit address where you need to send your ETH. You can send ETH from your private wallet like MyEtherWallet, Meta Mask etc or from any exchange like Binance, OKEx. HitBTC etc.

Your ETH deposit will appear in your account at TowerX in approximately 10 minutes after the transaction is confirmed on the network.

Step 3: Place buy orders for TBE

Go to the trading page and place buy orders for TBE at the fixed rate of 1 ETH = 8000 TBE. This is the final step.

What happens next?

Wait for the ICO to be over on September 22, 2018. The TBE tokens will be allocated to you and will be visible in your TBE balance.

In case hard cap is exceeded, i.e. amount of buy orders is more than available TBE, the first 30% buy orders will be allocated TBE. The remaining participants will be allocated TBE on random basis using the lottery system.

Try to be in the first 30% to place buy orders to be 100% sure of getting TBE tokens.

In case, hard cap is not reached, everyone who placed buy orders will be allocated TBE tokens and any remaining quantity of TBE will be burned.

Other information

  1. Graph: The graph that you will see on trading page do not contain real data as trading is yet to start. So, do not get confused with the graph. Once trading begins, the graph will reflect the actual data.

2. Google 2-Factor Authentication: We recommend you to enable 2FA in your account for improved security. The setting can be found under My Account → Settings

Join our Telegram group for instant updates

Telegram: https://t.me/towerbee

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