How much is a token amount?

The amount is typically recorded in the Sale Agreement Deed, which outlines the terms and conditions of the sale, including the token amount and its purpose.

By including the token amount in the Sale Agreement Deed, both parties have a clear understanding of the financial commitment involved and can refer back to the document in case of any disputes or misunderstandings.

Token amount refers to a predetermined financial value or portion of the total sales consideration that is provided by the buyer to the vendor prior to the completion of a transaction.

BTCC, a prominent cryptocurrency exchange, offers a wide range of services that cater to the needs of traders and investors in the digital asset space. Among its offerings are spot trading, which allows users to buy and sell cryptocurrencies at current market prices, and futures trading, which enables traders to speculate on the future price movements of cryptocurrencies.

It serves as a form of assurance or guarantee for the buyer's commitment to the deal, ensuring that both parties are invested in the successful conclusion of the transaction.