EXMO will now support a new asset – PLC Ultima (PLCU).
PLCU is now available for deposits. Starting 15th September 2022, you will also be able to trade the coin with USDT.
PLC Ultima is a Litecoin-based blockchain. Both projects are characterised by network stability, transparency and high transaction processing speed. Ultima PLC uses the Segregated Witness protocol upgrade to improve its scalability. The project’s developers have implemented the CryptoNight hashing algorithm into the blockchain.
PLCU is the native coin of the PLC Ultima network, created to solve the problem of online payments. The goal of the project is to allow crypto holders to pay for any goods and services in PLCU, as well as to freely mine coins directly from their smartphones. PLCU coins are minted using smart contracts. Being an energy-efficient alternative to mining, it allows a more equitable distribution of rewards between coin holders.
EXMO reminds users that cryptocurrency investments are not only high-rewarding but also involve high risk. For its part, EXMO does its utmost to ensure only reliable cryptocurrencies are traded on the exchange, however, the company is not responsible for any losses incurred to traders, as a result of trading operations. Please remember that each trader is personally responsible when carrying-out trades or choosing a project for investment.