CoinPulse Announces That 1.2 Million Tokens Have Been Swapped on Their Platform
CoinPulse Exchange, a cryptocurrency exchange platform built on the foundation of community trust and support, has announced that 1.2 Million EBCH tokens have already been swapped for CPEX tokens on their platform at a ratio of 1:3.
PANAMA CITY, July 17, 2018 (Newswire.com) - CoinPulse Exchange, a cryptocurrency exchange platform built on the foundation of community trust and support, has announced that 1.2 Million EBCH tokens have already been swapped for CPEX tokens on their platform at a ratio of 1:3.
Prior to the launch of the platform, CoinPulse had announced that they would be holding a token swap event wherein EBCH tokens could be swapped for CPEX tokens at a ratio of 1:3. The CPEX swap period will last until 30th September 2018. Following that period, CoinPulse might extend the swap until 90% of the existing EBCH tokens are swapped for CPEX.
We are glad to see that users are excited about participating in the Token Swap, an event that is geared towards enhancing the token holders' profitability. We have already swapped 1.2 million EBCH tokens. This just goes to show that the public is placing a lot of faith in CoinPulse and the CPEX tokens, possession of which will help users drastically reduce their transaction fees to a mere 0.06%.
Chez Darji, Co-founder, CoinPulse Exchange
The total CPEX token supply is 100 million. Out of that, CoinPulse is giving away 20 million as a signup bonus to the early registrants and 63 million are allocated for the EBCH token swap. Remaining 17 million will be used for several contests to be held on the exchange platform.
“We are glad to see that users are excited about participating in the Token Swap, an event that is geared towards enhancing the token holders’ profitability,” said Chez Darji, co-founder of CoinPulse. “We have already swapped 1.2 million EBCH tokens. This just goes to show that the public is placing a lot of faith in CoinPulse and the CPEX tokens, possession of which will help users drastically reduce their transaction fees to a mere 0.06%.”
EBCH is the current token native to CoinPulse Exchange, which is in the process of phasing it out in preference for The CPEX Token - the ERC20 token native to the platform moving forward. CPEX is forecasted to be a token with high utility value for users of The CoinPulse platform as it can be used to pay the transaction fees on the platform at a 70% discount.
However, no ICO will be held for the CPEX tokens. As such, the best and most profitable means of acquiring them is to participate in the Token Swap. To do so, you need to be in possession of EBCH tokens, currently being traded on platforms such as Fork Delta, EtherDelta, and StocksExchange.
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About CoinPulse
CoinPulse is the world’s first cryptocurrency exchange platform that’s founded on collective community input and support. It is an integrated dual exchange, combining both Basic and Advanced Exchange features. As such, the platform can be used to quickly and efficiently place buy and sell orders. But it can also be used by those who seek advanced trading features such as the trailing stop-loss. Since CoinPulse intends to be a community-driven platform, it will also integrate several features to enhance the user experience and maximize trader profits. Users will have the ability to vote on the tokens which will be added to the platform on a monthly basis. It offers a referral program wherein a user may collect 30 percent of all the fees from the referral’s trades. And it offers a 70 percent discount on trading fees if the user makes the payment using EBCH tokens. As such, CoinPulse is well positioned to facilitate a true community-driven cryptocurrency ecosystem.
For more information on CoinPulse, please visit https://coinpulse.io.
Contact: Nona Perez, MVG, +1 646 205 7030, info@mvgmain.com
Source: CoinPulse Exchange
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