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EXMO Cryptocurrency Platform to Launch Margin Loans With the Power of the Crowdsale

December 1, 2017, London, UK EXMO has announced their plan to introduce margin loans as the key feature of their platform, which will allow traders to earn more on currency fluctuations by borrowing extra funds. This will bring a whole new way of trading to over 700,000 loyal traders around the globe and numerous new ones, enabling them to trade cryptocurrencies on a bigger scale than they would be able to previously.

Under a margin loan, one borrows funds from a broker to buy or sell stock. EXMO will offer 1:2 leverages for a margin loan on the most popular BTC, ETH, and USD order books. More options will come in the future as the demand for the service  increases.

In order to cover the traders’ demand for margin loans, as well as to enable the overall platform development, EXMO will attract additional investment capital by issuing its very own token called EXMO Coin (EXO).

At the core of the upcoming crowdsale is the principle of giving the already-profitable platform an additional boost for rapid development. Half of the funds raised through the crowdsale will be used to cover the increasing demand for margin loans, and another quarter will be put into the overall cryptocurrency exchange development.

The rest will go into establishing the margin loan insurance fund, acquiring the necessary licensing for simplifying the fiat money transactions, and covering marketing expenses.

Ivan Petukhovsky, EXMO co-founder, explains:

“We at EXMO believe that cryptocurrency trading must offer the same variety of investment tools as ordinary trading. We look to the future and would like to foster this development through bringing the virtual and real economies closer, and giving more people opportunities to invest and earn with just a click. Issuing the EXMO Coin will enable us to satisfy the demand of hundreds of thousands of traders, and develop an even more resilient, reliable, and truly global exсhange platform.”

Token holders will receive 50% of the revenue derived from margin loans distributed among them in the form of dividends on a monthly basis.

Following the sale, the EXMO Coin will be traded on the EXMO Exchange in pairs, such as EXO/BTC and EXO/ETH, and later on with other currencies and altcoins, thus constituting another lucrative asset for its holder.

On top of that, EXMO announced its guaranteed token buyout, outlining the corresponding conditions and dates in their White Paper.

About EXMO

The EXMO Exchange was founded in 2013, and has showcased steady performance ever since. In fact, it saw a trading volume of $192 mln back in 2014, growing to $1.8 bln in 2017, and 591,000 deals in 2014 reaching 24 mln in 2017. Thus, the trading volume and the number of deals made through the platform grew by 9 and 40 times respectively in the course of 3.5 years. The client base swelled by 188% in 2017. This tends to be an essential dynamic to consider, as the value of EXMO Coin will correlate with EXMO’s overall performance, as well as exchange rates of other currencies on the platform.

EXMO will launch their token currency on February 26, 2018, and all the interested users will immediately be able to purchase EXMO Coin tokens. The crowdsale will last until March 26, 2018.

Additional crowdsale info: https://crowdsale.exmo.com/
Website: https://exmo.com/
Facebook: https://www.facebook.com/exmo.market
Twitter: https://twitter.com/Exmo_com
Telegram: https://t.me/exmocoin
Blog: https://medium.com/@exmocoin

Media Contact
Contact Name: Sofiia Neduzhko
Email: crowdsale@exmo.com

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.

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Source: Bitcoin Press Releases
EXMO Cryptocurrency Platform to Launch Margin Loans With the Power of the Crowdsale

CNT Future Will Fight Centralized Mining, and Offer a Greener, More Charitable Cryptocurrency Option

Bitcoin Press Release: CNT Future adopts the Equihash algorithm following a fork, while donating a percentage of transactions to global charities. CNT Future aim to fuse exercise and the Blockchain to remove traditional ways of resource-gathering in relation to Cryptocurrencies.

November 27, London, UK – Centurion Future (CNT) underwent a fork at block 738,000 on November 22, 2017 after months of preparation. CNT Future replaced the X11 algorithm used by Centurion with Equihash during the fork. The Equihash algorithm, made famous by well known cryptocurrencies such as Zcash and Bitcoin Gold, was developed in 2016 by the Department of Cryptography at the University of Baltimore.

Miners wanting to mine from home have long been outgunned by large companies using ASIC mining equipment to monopolize the PoW system. CNT Future prevents centralization of mining by progressively penalizing over-usage of energy in the Proof-of-Work protocol. CNT Future also encourages Proof of Stake by offering 5 levels of significant rewards to loyal users. CNT is available on several exchanges including C-CexNova ExchangeYoBit and Excambiorex.

 

CNT Future offers a greener, innovative and more charitable cryptocurrency option for mining enthusiasts and stakeholders alike in three unique ways:

  1. Cnt Future has a patent pending for a groundbreaking new technology that will allocate CNT tokens by picking up the kinetic energy of smartphone users.
  2. CNT Future recently launched a Green Mining Campaign by implementing a new Proof of Walk protocol that rewards tokens to anyone that exercises. This campaign follows the recommendations of “Move for Health” promoted by the World Health Organization, WHO. With this campaign CNT Future hopes to: promote health, offer a greener alternative to mining, spread knowledge about blockchain technology, and make CNT accessible for people who would otherwise not have had the opportunity to invest.
  3. CNT Future supports charity work by donating a percentage of each transaction to the global Non Profit Organization 4co in Geneva. In addition penalties for ASIC mining will also be given to the charity children’s charity 4co in Geneva.

The Equihash powered cryptocurrency Centurion Future is not only characterized by great social awareness but is also promoting decentralized mining and offering new innovative ways to mine, stake and earn cryptocurrencies.

Learn more about Centurion Future here: http://www.centurionlab.org/

Media Contact
Name: Sharon Kennedy
Email: press@centurionlab.org

 

Centurion Future is the source of this content. This press release is for informational purposes only and should not be viewed as an endorsement by CoinIdol. We take no responsibility and give no guarantees, warranties or representations, implied or otherwise, for the content or accuracy. Readers should do their own research before investing funds in any company.

The post CNT Future Will Fight Centralized Mining, and Offer a Greener, More Charitable Cryptocurrency Option appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
CNT Future Will Fight Centralized Mining, and Offer a Greener, More Charitable Cryptocurrency Option