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Help Center
/Announcement Center/Activities/
Announcement On Hotcoin Prime Launchs Snap Up Exchange Rules
Help Center
/Announcement Center/Activities/
Announcement On Hotcoin Prime Launchs Snap Up Exchange Rules

Announcement On Hotcoin Prime Launchs Snap Up Exchange Rules

Hotcoin
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Dear Users:

    Hotcoin will start a one hour VGO initially trading lauching activity at 19:00 on 2th, July(UTC+8),2019. The selling price of this round is 0.2USDT. Users can purchase VGO in USDT Zone(VGO/USDT)of Hotcoin Offical Website and App. 

 

 Project Introduction

   VGO(VirtualGoodsToken, Which means VirtualGoodsToken in Chinese )is committed to resolving the limitations existing in the Bitcoin system; As a daily used currency of trading, it is aiming at offering the scalable and sustainable substitutes.VGO is a bitcoin forking project, the algorithms is mainly including SHA256 & RIPEMD160, Bitcoin combines the application of the two hashing algorithms into two functions: hash256(d)=sha256(sha256(d)) and hash160(d)=ripemd160(sha256(d)),among them the Bytes group which belongs to the d hash will be separately generated a 256 digits(32 Bytes)& 160 digits (20 Bytes ) hex values. Hash 256 is mainly used for generating identifier, such as block ID and transaction ID etc, while hash 160 is mainly used for generate VGO address. The algorithms mentioned above can be mining at any computer, and never requires the speicilized mining devices, VGO is able to realize a high-efficient trading confirmation. It can also doing smart contract encrypted operation through VVM(VGO Virtual Machine) smart contract virtual machines,  to offer a faster and more scalable blockchain platform which is more suitable for daily trading.

 VGO Official Website:http://vgo.Life/

White Paper Link:http://vgo.life/vgo_white_paper.pdf

 

Project Token Information:

  1. Token Name:VGO
  2. Token Total Issurance:1 billions
  3. Snap up amount:60,000
  4. Exchange Rules:

(1)This Round:  19:00-20:00  2th,July.2019 (UTC+8)

   Exchange Price :1VGO=0.2USDT

 

  1.  Important Statement:

(1) The maximum snap up amount for each user is the 200 USDT equivalent tokens per time, without the tries limit. Handling fee free for exchang snap-up this time.

(2)During the exchange period , only VGO project providers are allowed to selling out by the designated account , normal users can use the buy-in function but the sell out function is not permitted.

 

(3)During the exchange period, only designated account of project provider is permitted to proceeding the top-up and withdrawal of VGO okens, the top-up and withdrawal time of VGO for normal users will be informed by official annoucement later after the activity is finised.

 

(4)After the consigning activity is finish, we will open the VGO/USDT trading on mainboard at 20:00 on 2th, July,2019(UTC+8).

※The final explanation right of this project is reserved by VGO project provider.

 

** Risk Warning**:

The blockchain digital assets trading is strongly affected by relevant policies of different countries, and the blockchain project of early stage has a high risk of uncertainty, which including the poor liquidity and the fierce change of prices, there might be severe technical issues occurred or facing the legally issues , the dismissing of teams.We’re strongly suggest investors to be cautious in investment and evaluate the risks according to your endurance capability.

 

 

Hotcoin

2019.07.01

 

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