Exchanges

Wirex Token set to launch on OKEx’s Jumpstart platform on July 1st

UK based payment process, Wirex, will be the next token to launch on OKEx Jumpstart. The tokens launched by Wirex on OKEx will be known as Wirex Tokens with the symbol WXT. The launch will take place on 1st July 2019. Wirex will be the 4th token to be launched through OKEx’s platform.

Wirex started in 2014, is a UK based FCA-regulated fintech companies known for pioneering cryptocurrency and traditional finance integrated Visa cards. Wirex was started by entrepreneur Pavel Matveev, to help people easily pay via cryptocurrencies.

Wirex Token [WXT] will be launched on OKEx on July 1st. The registration and pre-sale for the launch began on 24th June (Monday). 400,000,000 WXT will be available at the token sale at a price of $0.005 per WXT each. Only OKEx official token OKB will be accepted for the launch.

“We believe that the nascent token economy will eventually replace conventional fiat currency as the dominant form of payment. The Wirex Token helps us integrate with the payment environment of the future and offers users a convenient, fast and cost-efficient way to move digital money across borders,” said Pavel Matveev, Wirex CEO.

OKEx’s Head of Operations, Andy Cheung added,

“It is delightful to see the project finally launching and we have been so excited to work with the Wirex team. e are here to connect the crypto and the traditional markets, and at the same time, we are dedicated to support an emerging blockchain financial ecosystem, to cater the shortfall from the current economy.”

Wirex’s pre-registration has already started. According to Wirex, the funds raised through the IEO will enable the team for accelerated growth.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Unlock Profits from Crypto Volatility: Smart Strategies to Capitalize on Price Swings

Unlock Profits from : Smart Strategies to Capitalize on Price Swings Cryptocurrency markets are famous…

26 mins ago

Bitcoin’s Wild Ride: BTC Price Surges Then Dumps After Supreme Court Strikes Down Trump Tariffs

Bitcoin's Wild Ride: Surges Then Dumps After In a shocking turn of events, Bitcoin experienced…

1 hour ago

Bitcoin’s Quantum Nightmare: Dev Warns We’re Unprepared as ‘Spooks’ Gear Up for Crypto Crackdown

Bitcoin's Quantum Nightmare: Dev Warns We're Unprepared as 'Spooks' Gear Up for Crypto Crackdown Imagine…

2 hours ago

BNP Paribas Ushers in Era of Public Blockchain Tokenization for Money Market Funds

BNP Paribas Ushers in Era of Tokenization for Money Market Funds In a bold move,…

3 hours ago

Crypto Surge Alert: S&P 500 Futures Climb as Bitcoin Approaches $68,000 and Gold Holds $5,000

Crypto Surge Alert: as and In today's fast-moving financial world, eyes are on a key…

4 hours ago

Why Cryptocurrency Mining Isn’t the Fix Maine Needs for Its Energy Grid

Why Isn't the Fix Maine Needs for Its Energy Grid In recent talks, some experts…

5 hours ago