Customer trust is the most valuable asset for Loopex. Therefore, we made a decision to conduct IEO after the launch of the exchange. Total number of XLP is 1 000 000 000 from which 400 000 000 XLP will be sold during the IEO. The price of 1 (one) XLP during the IEO stage will be $ 0.0065.
XLP will be officially available only on the website until the end of the IEO. Loopex IEO will automatically end after 60 days, or after 400 000 000 XLP are being sold. Immediately, after completion of the IEO, will officially be available in pairs XLP/, XLP/ETH for open market trade.
Privileges of IEO investors
Status VIP will automatically be assigned to users who will purchase 30 000 XLP or more during Loopex IEO. IEO investors will retain status until April 1, 2020. VIP Status allows the to trade on Loopex platform for free and participate in VIP traders reward program.
It is important to know that if the IEO Investor gets VIP status and then sells purchased , in the future, he will have opportunity to restore status by filling his Loopex account with up to 30 000 XLP instead of 400 000 XLP .
Loopex IEO
VIP status allows the customer to trade on the Loopex platform for free. To obtain the status, the user must own 400 000 XLP or more on his exchange account. One more way for obtaining VIP status, is to purchase at least 30 000 XLP ($ 195) during the IEO stage. IEO investors will retain VIP status until April 1, 2020. It is important to know that if the IEO Investor gets VIP status and then sells purchased , in the future, he will have opportunity to restore status by filling his Loopex account with up to 30 000 XLP instead of 400 000 XLP .
Every week we will distribute 5% of the platform’s weekly profit earned from collection of commissions between ten most active VIP traders. In order to receive a reward, the user must be in the top 10 traders list of the Loopex platform by weekly volume.
The distribution of funds between the ten most active VIP traders will occur as follows: The first five VIP traders by weekly volume will receive 0.75% of the platform’s weekly profit, the remaining five will receive 0.25% each. will be accrued to users once a week. The program will be launched on June 03, 2019 at 09:00 UTC + 00:00. Additional information will be posted on our website and social networks.
Published at Fri, 26 Apr 2019 11:20:28 +0000
