Eastern Europe's largest crypto exchange EXMO has announced the second round of IEO along with platform’s upgrade
Oct 02, 2019 at 10:13 //
News
EXMO, recognised as Eastern Europe's largest cryptocurrency exchange, has just announced the second round of IEO, as well as the launch of stop orders. EXM internal token is scheduled to go on sale on October 3, 2019, at 17:00 (UTC +3) with a 5% discount applicable during the first three days.
Nearly 149 mln tokens with a total value of 141 BTC are meant to be distributed among investors, which is slightly less than the amount sold during the first public round in August 2019.
EXM is set to allow its holders to take full advantage of the trading tools offered by EXMO, as well as get a whole array of preferences, such as reduced trading commissions, high referral fees, access to copying successful trading strategies, getting a discount when paying margin fees, converting the so-called cryptocurrency dust (lower than the minimal trade or withdrawal balance) into coins, taking part in IEOs, voting for the listing/delisting of any coins, and testing new platform features.
Additionally, EXM is meant to be a full-fledged digital asset, compatible with all ERC-20 wallets and capable to be sold after growing in price. The latter is ensured by quarterly burning of coins with a gradual decrease in their turnover to 50% of the initial release.
Along with the stage two of the token sale, EXMO launches buy and sell stop orders for BTC/USD, BTC/USDT, BTC/RUB, BTC/UAH, ETH/BTC, and ETH/USD currency pairs with step-by-step expansion down the road.
“Traders are now able to hedge risks, thus getting more predictable outcomes. We are really excited to introduce what we have been working on for the past few months. It’s now much easier for users to embody their trading strategies,” says Sergey Zhdanov, CEO of EXMO.
As stated on the EXMO website, stop orders are not the last thing to be released this year. A mobile app is scheduled to be presented in 2019, so it worth staying tuned for further news coming from the exchange.
Meanwhile, a 5% discount is disposable for those purchasing EXM (1 EXM = 0,00000095 ВТС) during three days starting October 3, 2019, 17:00 (UTC +3). To get a better grasp of EXMO Coin and replenish your portfolio visit the official EXMO website: exmo.money.
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