EXMO Announce News of Two October Listings

EXMO Announce News of Two October Listings

Exmo has outlined plans for two new trading options to be added to their platform before the month is out, BitTorrent (BTT) and Velas (VLX).

Fresh from the competition of the second round of their native token, Exmo Coin’s IEO second round last week, and the IEO and listing of the ZAG token, EXMO are back with fresh news about new tokens going up for sale on the platform.

This time they will come in the form of big-name coin, BitTorrent (BTT) and growing token, Velas (VLX), both of which are due to become available for trading at EXMO at some point this month. Let’s take a look at these tokens, what they offer and how you will be able to get involved with them at EXMO in the near future.

BitTorrent (BTT)

Even if you aren’t wised-up on the goings-on in the crypto world, then BitTorrent may ring some bells for you. Well, this is because it is a well-known peer-to-peer file-sharing system. BitTorrent stakes a claim that together with their sister protocol, Utorrent, they move 40% of the world’s internet traffic and boast a monthly users base, of 170 million people.

Following a partnership with the Tron Foundation in July last year, their plans for expansion have grown even further, with their eyes now set on creating a decentralised internet. The BTT token, which functions on the Tron blockchain, is assisting this venture as it increases the productivity of BitTorrent and assists in the addition of more network features.

BitTorrent is one of the most recognisable names in the crypto industry and so you could say its listing on EXMO is long overdue. Well, users now won’t have much longer to wait as it is due to go officially live for trading next week. This will begin with the listing on Monday, 14th October, which will be followed shortly by deposits. Then, on Tuesday, 15th October, 4:00 p.m. UTC full trading with go live via pairs, BTT/BTC, BTT/RUB, BTT/UAH.

Velas (VLX)

Velas, although official dates are yet to have been announced, is another product that is due for listing on the platform at some point this month. Velas, which is an acronym for Virtual Expanding Learning Autonomous System, has stated that its purpose is to solve existing issues within the blockchain industry. Namely, they are referring to scalability, with their system promising to deliver up to 30,000 transactions per second.

Velas helps other companies utilises AI technology in a way that can further their mission. Notably, Velas states that their “AI framework motivates nodes to be reliably present and active in the network and simultaneously blocks messages about false transactions to increase the quality of messages and build resistance to attacks.”  In a similar way to the ERC-20 tokens on Ethereum, Velas uses these frameworks to assist enterprises to tokenize for crowdfunding purposes.

Currently, we know that they will have a VLX/BTC pair on the platform, but no other news about official details. Naturally, though, we will keep you in the loop about developments in the listing process. In the meantime, ensure you are at Exmo on Tuesday to get involved in BTT trading when it goes live.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News


Cryptocurrency Market Cap Jumps Past $2 Trillion

Cryptocurrencies continue to make headline news around the world as the total market cap surpassed $2 trillion on Monday. Supported by increased interest from institutional investors, celebrities, and retail investors, digital coins are now worth more than Apple Inc. Bitcoin has, once again, played a major role in the sector’s market cap. The world’s first […]

6 April, 2021
Digital Currency,Ethereum,Stablecoin

VISA Set To Support Cryptocurrency Settlements

The global payments corporation, VISA, announced on Monday that it is making preparations to allow USD Coin (USDC) to settle transactions within its network. This move is being viewed by industry analysts as yet another clear sign that cryptocurrencies are being accepted by major institutions within the traditional financial industry. USDC was selected by VISA […]

30 March, 2021

CasinoFair Temporarily Shuts Down Amid Network Congestion

The popular cryptocurrency casino, CasinoFair, has announced in a recent blog post that it will be temporarily stopping its gaming services. Citing unsustainable congestion on the Ethereum network as the main reason for this pause, the casino reassured its players that it is “actively researching solutions and hope to be back with a new range […]

26 March, 2021

Significant Bitcoin Drops As Coinbase Announces IPO

The cryptocurrency market is back in turmoil following yet another volatile week where Bitcoin almost reached a record-breaking value of $60,000. Bitcoin drops are nothing new, but the recent 25% decrease has caused panic amongst even traders with an experience of major currency fluctuations. The latest drop comes as Coinbase, one of the world’s largest […]

1 March, 2021

Trezor Warns Users About Fake Mobile App

Trezor is warning users of a malicious mobile application featured on Google Play which appears to be associated with the wallet provider. At least 1,000 users have already downloaded this software, and it is likely that some have unwittingly provided their seed phrase to unlock their funds. Both Trezor and SatoshiLabs have confirmed the existence […]

26 January, 2021

eToro Temporarily Raises Minimum Deposit To $1,000

For the past few weeks, the increase in Bitcoin’s price has led to a massive interest in cryptocurrency trading. eToro has been overwhelmed by new registrations and has decided to temporarily raise the minimum deposit from $200 to $1,000. Although 2021 has barely gotten started, it promises to be an exciting time to invest in […]

11 January, 2021

Global Cryptocurrency Market Value Surpasses $1 Trillion

Thursday has proven to be a monumental day for cryptocurrencies as the world’s combined value tops the $1 Trillion mark. Energised by a substantial rise in the value of Bitcoin in recent months, the volatile crypto market has reached a once-unreachable value. Following the latest Bitcoin Halving in May 2020, the world’s largest digital token […]

10 January, 2021

Victory over virus: SiGMA Virtual Expo hosts 100+ exhibitors

SiGMA Europe and AIBC Virtual Expos launch with record breaking attendance, providing a cure to the industry’s events sector In the light of this year’s changes in our everyday lives, SiGMA was close to having to stop doing what it does best; creating networks for people through the company’s iconic physical events, but luckily, the […]

26 November, 2020