The Initial Issuance is being undertaken on a private placement basis and will only be available to Private Placement Participants who have opened an account with the Himalaya Exchange.
Private Placement Participants who wish to participate in the Initial Issuance must complete registration and verification procedures and open an account with the Himalaya Exchange. Following the opening of their account, participants may purchase Himalaya Dollar Credits by making payment to the bank account of the Himalaya Exchange.
All Private Placement Participants who have been formally notified by the Himalaya Exchange, may participate in the Initial Issuance up to a maximum agreed and specified allocation amount.
Following the launch of the full Himalaya Exchange, the purchase and trade of Himalaya Coins and Himalaya Dollars will be open to all members of the Himalaya Exchange at the market price.
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