Post
Topic
Board Announcements (Altcoins)
Re: ⚡️⚡️⚡️[ANN] [PRE-ICO] LendsBay | Credit ecosystem
by
iphy6013
on 16/07/2018, 23:51:43 UTC
Interesting details I found from whitepaper. "Depending on the stage of the ICO, the price for one LBT token will vary from 0.0005 to 0.0010 Ethereum (the only currency with which you can buy LBT tokens). All unsold tokens will be destroyed." But I still didn't found that which currencies we can use to invest in ICO.
I think you can only use eth to buy LBT tokens, maybe the team should consider Fiat payment too this way they can get different kind of investors and also new investors who do not have a lot of knowledge from the crypto world.

According to the whitepaper the only currency for payment is ETH. They should think about other currencies or maybe fiat payment.

That would certainly help with more investors as ETH isn't always the preferred payment, FIAT would also be a great option
I thought they kept option of FIAT also. Even they are not offering any other currencies to buy LBT tokens. Luckily ETH is down at this moment, but still I am thinking they should keep FIAT option also.

I think fiat was included initially. I can remember seeing something like that. Just have to check and confirm though, to be double sure.

I don't think that you can buy with Fiat. The prices are only displayed on the website in Fiat. ETH and BTC (soon) are the only payment methods.

Pretty sure this is true most crypto don’t even dabble on the fiat side as it drastically changes the legal dynamics of the project from what I’ve heard so wouldn’t surprise me if as with other projects it’s crypto only

Yeah most projects go with the option of accepting just crypto payment as fiat payment is a bit dicey.