The exchange platform, EXMO, has announced that they will be holding an ICO to attract additional investments to further develop their platform. They have over 4 years of trading experience already and have seen exponential growth in trading volumes ever since their launch in 2013. They have great ideas to make their platform even better and trafficked. The main goal is to add margin trading to their platform. An ICO to Improve Their Already Existing Product Too often, we see ICOs being held for products that do not even exist. That is why it is so refreshing and exciting to
The exchange platform, EXMO, has announced that they will be holding an ICO to attract additional investments to further develop their platform. They have over 4 years of trading experience already and have seen exponential growth in trading volumes ever since their launch in 2013. They have great ideas to make their platform even better and trafficked. The main goal is to add margin trading to their platform.
An ICO to Improve Their Already Existing Product
Too often, we see ICOs being held for products that do not even exist. That is why it is so refreshing and exciting to see an ICO like EXMO’s raising funds to continue building their platform. Their platform already has over 650,000 registered users, and all of these users will benefit from the margin trading funds from the ICO will add. If the ICO is successful, it means that the platform will be able to provide the capital and liquidity needed for margin trading.
Details of the Upcoming ICO and EXMO Coin
The ICO is set to launch on October 30th and will last until November 30th. Any and all interested parties will be able to immediately purchase their token EXMO Coin (EXO). While the funds will be used to fund margin trading and improve the overall quality of the platform for everyone, token holders need to be incentivized for investing in the platform. To do this, the EXMO team will take 50% of the revenue from margin trading and distribute it among token holders in the form of dividends.
One of the biggest things going in favor of this ICO is that it is being issued by an already thriving and profitable business. While many other ICOs have a whitepaper and promises of future riches, they often do not have much in the way of a tangible or usable product yet.
Investors will receive EXMO Coins in the form of tokens. The value of the tokens themselves correlates to other currency exchange rates on the EXMO platform itself, and EXMO guarantees token buyout.
The EXMO team is also doing things a little different with the funds themselves. Half of the funds from the ICO will go directly put into the growth of financial indicators on the exchange itself. This is good news for any of its users and investors alike.
Following the crowdsale if contributors do not want to hold onto their tokens and receive the aforementioned dividend, they will be able to exchange the token right on the trading platform itself. The trading pairs will be as follows: EXO/BTC, EXO/ETH, EXO/USD, EXO/EUR. This is a fairly comprehensive amount of trading pairs, especially considering that once funds are in USD or BTC they can essentially be traded for any number of various fiat and cryptocurrencies.
Here is their official website: https://exmo.com/
Check out their crowdsale details here: http://ico.exmo.com/
This is a sponsored post and does not reflect the views or opinions of any The Merkle employees. This is not trading or investment advice, always conduct your own independent research.