One of world’s largest cryptocurrency exchange by adjusted volume OKEx announced the fourth token sale under OK Jumpstart – a program aimed at launching token sale directly via the exchange for the users.
The fourth token sale, WIREX will be launched on July 1, 2019
The first subscription session will open at 09:30 IST (GMT + 5:30), and the second session will open at 10:30 IST (GMT + 5:30)
Some key subscription details for the project are detailed in the announcement as below and will follow the guidelines of the OK Jumpstart program.
- Sale Price: 1WXT = $0.005
- Exchange Rate: to be confirmed by the OKB price on launch day
- Individual Minimum Subscription Amount: 100,000WXT
- Individual Cap: 800,000WXT
- First Subscription Session Supply: 200,000,000 WXT (over-subscription limit: 400,000,000 WXT)
- Second Subscription Session Supply: 200,000,000 WXT (over-subscription limit: N/A)
Wirex is a UK based digital payment system, backed by SBI. The FCA Licensed Wirex provides digital money solutions for individuals and businesses.
The payment platform is designed for a seamless integration of crypto and traditional currencies to support multi-currency accounts, currency transfers and exchange services. Wirex has a global footprint with 6 offices across the globe, nearly 2 million registered users and availability in 200 countries and territories.
With WXT, the token on Wirex, users will be able to enjoy “heavily-reduced fees, exclusive merchant offers, super-charged rewards and more!”
The project website claims to give upto 100% fee discount for using WXT tokens, a 1.5% crypto back for using WXT Visa card and several premium rewards, thereby incentivising users to use the WXT token over any traditional or digital currencies.