EXMO cryptocurrency exchange announces the launch of its own token EXMO Coin (EXM). The platform’s team involved best cryptocurrency industry practices into the EXM business model.
EXMO Coin (EXM) is the platform’s internal ecosystem token. EXM is based on the Ethereum blockchain and is compatible with all the ERC-20 standard wallets.
“Our main priorities are the product development and customer care. We intend to implement an EXM token into the existing services of the exchange in order to develop EXMO to a new level. For all the potential token holders, we have prepared special bonuses and exclusive offers”, – noted Sergey Zhdanov, СEO of the EXMO cryptocurrency platform.
The implementation of EXM token to the platform’s ecosystem will be carried out in stages. Click here for more detailed project’s tokenomic.
EXMO Coin holders will pay lower trading commissions, have access to copy trading services, and get higher referral payments. An ability to convert the “cryptocurrency dust” (lower than the min. trade or withdrawal balance) into EXM, an option to vote on coins listing and delisting.
All the tokens received via the purchase of premium Cashback rate will be quarterly burned. Up to 50% of the total EXM turnover will be liquidated, such actions will automatically increase the EXMO Coin’s market value.
You can find useful information about cryptocurrencies and exchange trading on EXMO’s YouTube channel.
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