LONDON, Feb. 20, 2018 /PRNewswire/ -- EXMO Cryptoсurrency Platform has announced that the start of the EXMO Coin (EXO) crowdsale will be pushed for two months. The team's decision was caused by the rapid expansion of business, and the necessity to postpone the introduction of margin lending on the EXMO platform. The update concerns the crowdsale dates exclusively, while the rest of terms and conditions remain as previously stated in their White Paper. The new EXMO Coin crowdsale timing is April 26 — May 26, 2018.
It has been two months already since EXMO Coin crowdsale was announced. EXMO are used to taking actions based on thorough calculations and analytics, nevertheless, even EXMO's expert team has not predicted such a high public interest in the native EXO token. The quantity of requests to participate in the EXMO Coin crowdsale has exceeded all our forecasts by three times.
The EXMO Exchange
Starting from November 2017, at least 10,000 new users have been registering on the EXMO exchange daily. Around New Year's Day 2018 the number of closed deals on the platform saw a 9 fold increase from that just two months prior. The number of those wanting to use margin lending has also grown significantly. Based on our marketing surveys, 6 times more users are expecting the new service to be launched on the platform than in October 2017.
Needless to say, such an active growth has pleased EXMO greatly, though it made the team reflect on the availability of the required resources. If EXMO initially had enough of them to run margin lending with a triple reserve, now, with the current trading volume and demand, the company requires some additional time to prepare them. According to EXMO's estimations, the company will launch the public version of margin lending with the maximum efficiency in March 2018. Prior to that, EXMO will focus on resource development, as well as the closed service testing.
The EXMO Token Generation Event
Since the EXMO Coin crowdsale is meant to create a financial buffer for margin lending on the EXMO platform, the company considers it logical as well as optimal to shift its dates to April 26 – May 26, 2018. We believe that a more powerful start to the margin trading on EXMO will make its crowdsale even more successful and profitable for its investors, which will bring benefits to all.
What You Need To Know
The only change that affects potential EXO token holders is that related to the dates of the crowdsale. All the EXMO Coin crowdsale terms and conditions outlined previously stay relevant. All the EXMO Coin communication channels are available 24/7, and they continue to provide timely feedback and share information on the latest EXMO Coin news.
Unfortunately, the update on the crowdsale may appear with delays in other sources. To stay up to date with all the relevant information about our project sign up to the official EXMO Coin channels: EXMO Coin newsletter, Telegram, and Twitter.
Media Contact
Name: Sofia Neduzhko
Location: London, England
Email: [email protected]
Visit the Website: https://crowdsale.exmo.com/#press
Read the Whitepaper: https://blspace.nyc3.digitaloceanspaces.com/crowdsale.exmo.com/whitepaper/exmo_crowdsale_whitepaper_en.pdf
Follow on Twitter: https://twitter.com/Exmo_com
Chat on Telegram: https://t.me/exmocoin
Join on Reddit: https://www.reddit.com/r/EXMOCoin
Read on GitHub: https://github.com/EXMOcoin/crowdsale
SteemIt: https://steemit.com/@exmocoin
BitcoinTalk: https://bitcointalk.org/index.php?topic=2494816.new#new
EXMO is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
SOURCE EXMO
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