EXMO will sell EXMO Coin (EXO) tokens
EXMO cryptocurrency platform is extending its opportunities for traders integrating margin lending. EXMO is ready to announce EXMO Coin (EXO) tokens sale in 2018 to ensure the effective work of margin loans.
Margin lending becomes another key opportunity on EXMO cryptocurrency platform since the 1st December, 2017. The new functionality will enable the users to make profit on currencies volatility with the help of margin loans. Traders will buy/sell cryptocurrencies of any volume using additional funds.
Also read: Bitcoin Cloud Mining
Generally, “margin lending” means that a client is being given a loan on the security of current asset price. EXMO will offer a 1:2 leverage on the most popular currencies: BTC, ETH, USD, and RUB. The functionality of the mentioned service will be extended with the increase in its demand.
|
EXMO cryptocurrency platform is seeking investment by launching the sale of EXMO Coin (EXO) tokens to cover the traders’ demand for margin lending. |
The coming token sale will assure the new opportunities for platform development. The half of the raised investments will cover the demand for margin lending, another quarter will cover the EXMO overall development. The rest money will use to create the margin loans security fund providing necessary licenses to ease fiat transactions.
Ivan Petuhovskii, EXMO cryptocurrency platform co-founder, comments on the new financial instrument integration:
“EXMO team does believe that cryptocurrency platforms provide the users with a choice of investment methods, which are as worthy as the ones provided by classical trading platforms. Today real and virtual economics are approaching one another: more and more people can now provide themselves with an opportunity to invest and make money by a single click – and that is the future. EXMO will contribute to this process covering the demand of thousands of traders for trading capacities increase through launching EXMO Coin. Together we will make EXMO even more flexible, and reliable –global cryptocurrency platform”.
|
EXMO Coin (EXO) tokens will be available for sale since the 26th of December, 2018. Traders will be able to buy tokens till the 26th of March, 2018. During the mentioned period the interested users will have a possibility to buy EXMO Coin via the personal account on EXMO Coin official website. |
Token holders will gain 50% of margin credit revenue; this revenue will be distributed every month among the users in the quality of return on investment. After the sale completion, users will be able to trade EXMO Coin tokens on EXMO platform in EXO/BTC, and EXO/ETH currency pairs. The platform will also assure the exchange to more fiat currencies and altcoins in future. That is how token will turn to be another profitable asset for its holder. Moreover, EXMO guarantees token redeem providing the appropriate terms in the basic EXMO Coin sale document – White Paper.
