The crypto community is diverse; some have recently joined the party, and others have been here for many years. But no matter how long you have been around, you will likely have questions about new coins in their presale stages.
This article will try to answer the top ten most common questions about Big Eyes Coin (BIG), which is currently rising fast through its 3rd Presale Stage- don’t miss out!
Is Big Eyes a scam?
No Big Eyes is not a scam. The team in charge of the development of Big Eyes has taken steps to make sure its holders and investors have peace of mind. Big Eyes Coin (BIG) has been audited by Solidity Finance and has been KYC verified on CoinSniper. Finally, it has just secured a tier 1 CEX- the specific one will be announced in due course.
What does KYC verified on CoinSniper actually mean?
So, KYC stands for Know Your Customer, and it is a stage of due diligence. When a financial institution onboards, a new customer procedure is followed to identify and verify the customer’s identity.
This allows the financial institution (in this case, a CEX) or another trading site to assess the customer’s (Big Eyes Coin’s) risk and make an informed decision about onboarding the new customer.
So, Big Eyes Coin (BIG) has now been KYC verified and has secured a CEX, a top-tier platform for a cryptocurrency exchange, to be confirmed in due course. A CEX is ranked higher than DEX because of its comparative high levels of security and low levels of volatility. The main difference between a CEX and a DEX is how trading is handled through these different systems.
In a DEX, like Uniswap, you will trade directly from your digital wallet.
Whereas a CEX will hold your coins for you and has cheap trading fees but also provides a layer of security to your trading.
What does it mean to be audited by Solidity Finance?
For Big Eyes Coin’s (BIG) community and investors, this means that they are investing in a coin which has been audited by a company which is extremely well respected in its community; the Solidity Finance team have conducted 1300+ audits and has secured a total of $10 billion dollars of on-chain value for their customers.
What is the presale price?
So the presale price has a structure where it increases with every stage 1,2,3,4 and so on. Every stage has a predetermined static price that will last as long as the stage does.
This makes it beneficial to enter the presale early; if you invested in stage 1, your investment would already be increased by 50% when the presale enters stage 4.
What promo code do I use on presale?
To get a 5% bonus when buying Big Eyes Coins in the presale, use code BIGOCT22.
What is the purpose of Big Eyes Coins?
Big Eyes Coin (BIG) was created to fill a cat-shaped hole in the cryptocurrency market.
This cute and well-designed cat meme coin is out to create wealth and build a community committed to helping to protect the oceans; 5% of its total supply of coins will be placed in a visible charity wallet for this purpose.
When will I get my Big Eyes Coins? I can’t see them.
The Big Eyes Coins will be available to redeem from the Big Eyes Website after the launch of the token. The coins will go straight to your wallet, and in the meantime, you can see how many coins are registered to your account on the wallet connect portal.
Will I get a notification when the launch goes live?
If you would like to keep up to date with everything, including the launch when it arrives, you can follow Big Eyes Coin on Twitter, where they will be sharing every part of their presale and launch dates.
What does CEX Tier 1 launch secured mean?
What this means is that when the Big Eyes Coin (BIG) does launch, it will be available on a top-tier trading exchange known as a centralised exchange or a CEX. Its launch is secured on one of these platforms, and the details will come in due course.
Does Big Eyes Coin have an active community?
It has a large community of online members on Telegram, Twitter, and Instagram.
With 50K followers on Twitter and 20K members on Telegram, it’s a very exciting place to be right now, especially as many Big Eyes competitions and giveaways are currently going on.
If you are interested in getting involved in some community action, there is currently a 250K competition on Twitter – hurry, the deadline to enter closes soon.
Big Eyes Coin (BIG)
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.