The Second Round of EXMO Coin Public Sale finished on 6th October at 2 p.m. UTC. Investors bought out 65 123 032 EXM tokens.
The remaining unsold tokens (83620613 EXM) after the second round of IEO have been burned recently. Our goal is to make this process as transparent as possible, so we provide a link to the transaction of coin burning below:
We are grateful to all the EXMO Coin investors, and to everyone who believes in the future development of the platform and our product. The main idea of creating EXM is using it via all native products of our platform such as Stop-Loss Orders, Mobile App, Margin Loans, Copy Trading and more. The demand will be created by the interest of new users joining the EXMO platform.
The second stage of EXM IEO was carried out together with the release of Stop Orders according to the project’s Roadmap. Stop Order is a tool that will definitely increase the EXMO user base. This fact was the main driver for the demand during the Second Round of placement.
The next important step of EXMO development is launch of the EXMO mobile application. Mobile App is a convenient trading tool that will significantly increase our user base. Along with this, we will conduct the III and the final round of IEO. Trading operations with EXMO Coin will open right after the III round of Tokensale end. The estimated date for the first release of the EXMO App is the end of October – beginning of November 2019.
Thus, all the users who will join the platform at a later stage of its development will have to buy EXM from investors who purchased EXM at the stage of public token sale and private round of sales in order to receive discounts on trading fees and to get access to the other products which can be paid only in EXMO Coins.
Due to our work on new products, EXMO audience will grow, creating a new demand for EXM. All the EXMO Coin owners can also contribute via inviting friends using the EXMO referral program. Our goal is to follow the plan of the EXMO technical update and to implement all new products and features on time.
Please note that EXM listing will take place 3 days after the completion of the IEOs III Stage.
Congratulations to all the token holders!
Thank you for being with us!
Best regards, EXMO team