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Cryptocurrency News Articles

BOOMS Platform Update Enables Multi-Crypto Deposits, Swap Completion, and Token Listing Plans

Nov 23, 2024 at 12:06 am

YEREVAN (CoinChapter.com) — BOOMS enables users to deposit multiple cryptocurrencies, automatically converting them into USDT for seamless platform integration.

BOOMS Platform Update Enables Multi-Crypto Deposits, Swap Completion, and Token Listing Plans

CoinChapter.com reports that BOOMS now enables users to deposit multiple cryptocurrencies, which are then automatically converted into USDT for seamless platform integration. This update enhances flexibility and ensures smoother transactions.

To access this function, users can go to their wallet, select “Other Crypto,” and choose their preferred cryptocurrency. This update simplifies the deposit process and broadens access to the platform’s ecosystem.

BOOMS Swap And Token Listing Key Milestones

The BOOMS team closed the swap on Nov. 21, 2024, taking a major step toward the token’s listing. By December, they plan to list the BOOMS token on decentralized exchanges (DEX). They estimate the initial price range to stay between $0.0050 and $0.0080. These steps follow BOOMS’ roadmap to strengthen community engagement.

Airdrop Overview And Rewards Structure

The Warm-Up Airdrop concluded, distributing $BOOMS tokens to participants based on task completion. Reward tiers were:

Bronze: Completing 5 tasks earned participants up to 50 $BOOMS tokens.

Silver: Completing 10 tasks earned participants up to 150 $BOOMS tokens.

Gold: Completing 15 tasks earned participants up to 300 $BOOMS tokens.

These rewards aimed to bolster community participation and engagement with the platform.

Gaming Integration: Trade Rush Highlights

In October, BOOMS launched Trade Rush, a competitive game that allows users to play using $BOOMS tokens, $USDT, $TON, and Golden Stars. This game has gained attention for its focus on strategy and rewards, offering users more opportunities to interact with the platform.

BOOMS Token Pricing And Next Steps

The BOOMS token will initially be priced between $0.0050 and $0.0080. The closure of the BOOMS swap prepares the way for the Token Generation Event (TGE) and listing on DEX platforms. Early liquidity dynamics will determine the market’s response to the token.

FAQs

1. When did the BOOMS swap close?

The BOOMS swap closed on November 21, 2024.

2. When will the BOOMS token be listed?

The token is expected to appear on DEX platforms by December 2024.

3. What is the initial price range for BOOMS tokens?

The initial price range is projected between $0.0050 and $0.0080.

4. What cryptocurrencies can users deposit on BOOMS?

Users can deposit various cryptocurrencies, which are then automatically converted into USDT.

News source:coinchapter.com

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