- CoinMetro Exchange is a tokenized exchange designed as one-stop cryptocurrency trading platform for global adoption.
- The COIN (XCM) token powers the platform and can be used to reduce trading costs, access professional asset management portfolios and invest in exchange traded crypto funds (ETFCs)
- The ICO Express Platform will give vetted ICOs access to transparent and secure funding rounds, as well as immediate liquidity through the ETFCs
- It will combine fiat and cryptocurrency deposits and withdrawals using a wide range of channels, including a debit card.
- The main COIN (XCM) token sale will start on February 21st 2018 at 21:00:00 UTC
Hong Kong: CoinMetro, the financial platform fuelling the future of blockchain innovation, today announced that its pre-token sale has sold out in record time. The pre-token sale is in advance of the main sale in February, which will lead to the creation of a new trading platform, CoinMetro Exchange. It will streamline cryptocurrency investing both first-timers and experienced currency traders, offering an attractive tokenized trading platform.
CoinMetro has been created by the team behind the regulated Forex broker, FXPIG. CoinMetro delivers an innovative user-focused framework that offers mobility between blockchain-based digital assets and mainstream markets. Combining the three major components of the digital economy: a cryptocurrency exchange, a trading platform, and an ICO platform. It offers a ‘one-stop shop’ cryptocurrency trading environment that is customer-centric to its core. Offering buying, selling, investing, trading and cashing out services, it will provide a positive consumer experience from initial query through to trading and into post-transaction.
Familiar investing models for cryptocurrency
CoinMetro is uniquely positioned to support the trading needs of investors in cryptocurrencies, either allowing them to diversify existing portfolios or access the crypto markets for the first time.
Powered by the COIN (XCM) token, its unique Tokenized Asset Management (TAM) system allows individuals to directly invest in a professional asset manager’s portfolio, based on their trading performance. Similar to earning a commission, managers profit from dividends, and investors benefit through potential growth of their investment. Investors can quickly move funds between managers, and other crypto or fiat assets, and can withdraw funds using CoinMetro’s debit card from millions of ATMs around the world.
Innovating on the concept of ETFs, Exchange Traded Crypto Funds (ETCFs) will give access to curated baskets, mainly ERC20 tokens on the Ethereum blockchain, which can be traded in real time on the exchange. With one click, users can invest in specific industries, such as healthcare, IoT, communication, or finance. In addition, users can select an investment fund based on its risk profile or even the social media influencer scores of those inside the fund.
ICO Express Platform
CoinMetro will offer a powerful turnkey ICO Express Platform that will give vetted ICOs access to transparent and secure funding rounds. Tokens issued through CoinMetro will be liquid and immediately tradable on the CoinMetro exchange following the token sale. By utilizing its ETCFs, liquidity will be available from day one to participating ICOs.
A marketplace to bring mainstream use of cryptocurrencies
A platform for all, CoinMetro will allow newcomers to the digital economy to get started with buying their first Bitcoin. It will also allow professional traders to enjoy a fast, secure, and highly flexible environment.
Kevin Murcko, CEO at FXPIG and CoinMetro said: “Mass adoption of cryptocurrencies needs a marketplace that is accessible to all. Even for tech-savvy people, it can be a daunting task to purchase their first Bitcoin, Ethereum or other Altcoins. We want to change that. We are creating a tokenized exchange which will both cater to the first-time user and provide access for experienced investors to a wealth of professional services and exclusive benefits, all powered by our COIN token.
“The crypto space is evolving at a feverish pace, expanding into an ever-growing list of industries embracing blockchain. Bringing our expertise from FXPIG, I know that our knowledge and relationships in the FX industry will allow us to create a stable alternative investment ecosystem on the back of trade-tested technology”
Integral to CoinMetro is the relationship with FXPIG. A crossover of team members, technology and revenue from FXPIG enables CoinMetro to bring industry experience, technology, and proven models into the CoinMetro platform.
About the Token Sale
The pricing of COIN in the Token Sale will start at EUR 0.11 per token and increase follows:
100M COIN Sold – 8% TBPR* 1 + lifetime CM discount 2 +0.01 price increase
150M COIN Sold – 11% TBPR 1 + 0.01 price increase
200M COIN Sold – 14% TBPR 1 + lifetime pre-pre-token sale invites +0.01 price increase
250M COIN Sold – 17% TBPR 1 + lifetime FXPIG discount 3 +0.01 price increase
300M COIN Sold – 20% TBPR 1
*TBPR stands for “Token Buyback Program Reserve” which is an account funded by a share of net profits from CoinMetro and FXPIG used to buy COIN on CoinMetro’s open exchange to promote a stable pricing environment.
CoinMetro is a trading platform bringing cryptocurrency into the mainstream. Offering a complete and supportive financial platform, CoinMetro provides an avenue for both newcomers, as well as professional and experienced currency traders to begin trading in cryptocurrency. Through a tokenized ecosystem, the trading platform supports familiar investment options such as professional asset management and ETFs, and also allows users to invest in up-and-coming Initial Coin Offerings (ICOs).
CoinMetro has been created by the team behind the regulated Forex broker, FXPIG.
This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.