Tokens sale already started from 1st October and tokens will be available for purchase at exchange till 31st October. IDC already confirmed the listing of tokens.
Thats awesome news. Its a great idea from the team to give more time to investors for the STEO process. Now, investors who want to get DRMR tokens at a good discount could do so. I was a bit worried some people were going to miss the STEO because of the mandatory KYC procedure and the time difference.
Right it's not just ordinary tokens, these are security tokens and investors needs to do KYC at IDCM exchange first. Any idea how much time it takes for KYC approval at IDCM?
The kyc procedure on IDCM exchange does not take too long in most cases. As at the time I did my KYC on the exchange, I remember it took less than 72 hrs before I got the verdict from the exchange. Its possible the time is much lesser, remember there could be excess or fewer numbers of kyc to process, depending on the period.
That's fast I can say. There is one exchange where I did KYC and it took more than week for KYC procedures. Since IDCM is good exchange I can think that my documents will be safe at exchange.