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Why can’t U.S., Canadian, and Chinese residents participate in the Covalent sale?

Covalent is committed to following all relevant regulatory guidelines and will thus not be able to offer Covalent tokens for purchase during the Covalent token sale to prospective participants in the U.S., Canada, China, and other CoinList unsupported jurisdictions.


More answers about covalent

Why was the maximum purchase amount reduced?

Following feedback from the community, and to make the public sale more inclusive, we have reduced the purchase limit by half. The new price tiers are as follows:

  • Option 1: $0.35 per token, no lockup, $500 maximum
  • Option 2: $0.3 per token, 12 monthly releases, $1,000 maximum
  • Option 3: $0.25 per token, 24 monthly releases, $1,500 maximum

How do I fund my purchase?

We will display payment information once the Sale Period starts. You can pay with USDT, USDC, BTC, or ETH. Payments made in USDT ("Tether") or USDC (“USD Coin”) will equate to the value of one U.S. Dollar ("USD") regardless of fluctuations in USDT or USDC.



If you fund your account and purchase tokens with USDC or USDT, there are no fees. You can deposit USDC and USDT into your CoinList Wallet anytime at https://coinlist.co/wallets.



If you fund your account and purchase with ETH or BTC, it will be converted to USDC at the time of purchase. An estimated conversion rate will be shown at the time of purchase and you will also incur a 0.50% transaction fee from CoinList for converting such funds. All purchases will be denominated in USD. You can deposit ETH and BTC into your CoinList Wallet anytime at https://coinlist.co/wallets.

Can I participate in the sale without going through KYC?

No. Anyone who wants to participate in the sale must go through KYC/AML (Know Your Customer/Anti-Money Laundering) checks.

When do registrations close?

Due to overwhelming demand, registrations close at April 24th, 2021 00:00 UTC

Why can’t U.S., Canadian, and Chinese residents participate in the Covalent sale?

Covalent is committed to following all relevant regulatory guidelines and will thus not be able to offer Covalent tokens for purchase during the Covalent token sale to prospective participants in the U.S., Canada, China, and other CoinList unsupported jurisdictions.


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