Private sale

A private sale token is similar to a pre-sale token. The difference between a pre-sale and a private sale token is that the private sale token can only be accessed by entering a special code. A private sale token is exclusively available through Knaken and not yet available through the public market. It is therefore also not possible to withdraw or sell these tokens. In the future, there will be a fee for withdrawing this token to an external wallet. Please note that Knaken cannot guarantee that the coin will ultimately be sellable via Knaken. Private sales are a method that allows the client to be involved in a project before the general public.

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Cryptopedia: Private sale