June 18, 2024

EXMO cryptocurrency exchange launches stop orders and holds the second round of IEO exchange token

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EXMO Cryptocurrency Exchange Launches Stop Orders and Conducts the Second Round of IEO of the Exchange Token

Cryptocurrency exchange EXMO announces the launch of stop orders.is available to users of the platform starting from October 3, 2019.On the same day at 17:00 (Moscow time) on the platform will be heldInvestors will be able to purchase tokens at a 5% discountof the original price.

About Stop Orders 

The integration of stop orders on the exchange will take place in several stages.There are two types of stop orders: Buy Stop Order and Sell Stop Order.At their core, their functionality is designed to make work more productive and predictable due toStarting from October 3, it will be possible to test the new functionality for the following currency pairs: BTC/USD, BTC/USDT, BTC/RUB, BTC/UAH, ETH/BTC, ETH/USD. 

EXMO cryptocurrency exchange CEO Sergey Zhdanov noted:

In accordance with the roadmap of the second and third stagesEXMO Coin's primary exchange offering is linked to the technical development of the platform. This is what dictated the decision to open stop orders on the same day as the second round of IEO. Over the past few months, all the efforts of our technical team have been focused on the implementation of stop orders in September in order to fulfill the promises announced in the roadmap. It is important for us that the product meets all the necessary standards and helps users successfully implement their trading strategies.

How and when to buy EXMO Coin?

The total hard cap for the second stage of the token sale will be 148,743,645 EXM (141 BTC equivalent).Investors will be able to purchase the token at a 5% discount from the original price for 3 days, starting from October 3, 17:00 (Moscow time).To buy EXMO Coin, you just need to be registered on the platform. 

What is EXMO Coin?

EXMO Coin (EXM) is a token of the platform's internal ecosystem, which is implemented on the Ethereum blockchain and is compatible with all ERC-20 wallets.The introduction of the token into the platform ecosystem will take place in stages, more details about the tokenomics of the project can be found at the link.

Benefits for Token Holders

Token holders will be able to save on trading fees, receive increased referral payments, use copy trading, cloud mining, and much more.Also, holders of the EXM token will be able to take part in voting for the listing and delisting of coins. 

Less tokens means more demand!

The EXMO team has provided a procedure for quarterly token burning.purchases of the Cashback premium rate on the platform will be recycled – up to 50% of thetotal turnover.