Bybit will host PumpFun’s PUMP token sale from July 12–15, but users in Europe will be excluded due to regulatory restrictions.
Bybit has confirmed details of the much-awaited Pump.fun token sale, revealing that users registered through its European Union-regulated platform, Bybit.eu, will not be permitted to participate in the token sale, citing compliance with the European Union’s Markets in Crypto-Assets Regulation (MiCA).
The public sale of PUMP, the native token of the no-code memecoin launchpad Pump.fun, will open on July 12 at 14:00 UTC and run through July 15, according to a Wednesday press release shared with Cointelegraph.
A total of 150 billion PUMP tokens, 15% of the one trillion total supply, will be offered at a fixed price of $0.004 USDT per token.
Bybit, currently the world’s second-largest crypto exchange by trading volume, is the only major platform participating in the sale, the announcement states. A number of other exchanges will also support the token sale.
