TOP > Press Release > Wirex (WXT) Token to Launch on OKEx’s OK Jumpstart IEO Platform
July 1, 2019 Updated

SBI-Group backed digital payment platform Wirex will launch its native token WXT to the public through OK Jumpstart, cryptocurrency trading platform OKEx’s initial exchange offering (IEO) initiative.

(Valletta, Malta) June 26, 2019 – SBI-Group backed digital payment platform Wirex will launch its native token WXT to the public through OK Jumpstart, cryptocurrency trading platform OKEx’s initial exchange offering (IEO) initiative. Wirex has revolutionized payments through the integration of crypto and traditional financial institutions on one “borderless platform”. 

Wirex is a UK-based and FCA-licensed digital payment platform for individuals and businesses. With 6 offices across the globe, 2 million registered users from over 130 countries rely on Wirex for a fast and cost-effective way to send money across borders. Customers also enjoy instant exchanges at real-time rates, access live OTC rates and interbank rates, as well as discounts on fees and charges, including bank transfer fees, exchange fees, and withdrawal fees.

About Wirex (WXT) Token Sale Details

Wirex is the 4th token sale project on OK Jumpstart to be launched on July 1, 2019 (CEST, UTC+2). The first subscription session will open at 06:00 (CEST, UTC+2), and the second session will open at 07:00 (CEST, UTC+2).

While the exchange rate will be determined by OKB’s price on launch day, the initial sale price is 1WXT = $0.005. Users can subscribe for a minimum amount of 100,000 WXT with an individual cap of 800,000 WXT. OKB is the only token accepted for subscription and settlement. During the first session, there will be 200,000,000 WXT available for subscription with an over-subscription limit of 400,000,000 WXT. Supply for the 2nd subscription will be 200,000,000 WXT. Each session will last for only 10 minutes with the first subscription ending early once the over-subscription limit is reached. Once the first session and allotment are done, the WXT tokens will be released and credited to the subscriber’s OKEx Assets Account and the corresponding OKB coins will be deducted. The OKB on hold for unallotted subscription in the 1st session will be released and can be used for the 2nd session.

Subscribers are recommended to transfer their OKB to the OKEx Funding Account in advance. The subscription will be available on OKEX.com and the mobile app. The project will be listed initially on two markets – WXT/USDK and WXT/USDT markets on July 1, 2019. All projects launched on OK Jumpstart will be supported by OKEx and its global partners.

AMA With Wirex Co-founder Dmitry Lazarichev

Before the upcoming OK Jumpstart, OKEx’s Filipino Telegram Community Group will host an AMA (Ask Me Anything) session with Dimity Lazarichev, co-founder of Wirex. Everyone who submits interesting questions that get answered by Mr. Lazarichev will receive 2 USDT. The 5 most active community member right after the AMA will be rewarded with 2 USDT each. Airdrop is expected for users who tune in right before the AMA starts. This event will happen on June 29, 2019 at 8:00 pm Manila Standard Time at OKEx’ Philippine Telegram Channel at t.me/okexofficial_ph. Questions must be submitted before June 26, 2019 at 11:59 pm.

For more details on the WXT Token Sale, check out  https://support.okex.com/hc/en-us/articles/360029526012

For more details on OK Jumpstart, check out:  https://support.okex.com/hc/en-us/articles/360027496291

About Wirex

As an FCA-regulated fintech company, Wirex holds the distinction as one of the early pioneers in the crypto market to have launched a crypto Visa card that allows users to immediately use and spend crypto wherever Visa is accepted. The Wirex App and Tokens are the fulfillment of these early projects that unlock benefits to the WXT token holder, be it discounts or crypto chargebacks.

About OKEx

OKEx is a leading Malta-based digital asset exchange that offers digital trading services including spot trading, futures trading, and perpetual swap trading, among others. There are over 400 tokens available for trading on the platform.

OK Jumpstart is OKEx’s token sale platform, created to help quality blockchain projects go public and get listed in a liquid and world-class market. OKEx believes that doing this will help fuel the growth of the blockchain market.

About OKEx Philippines

OKEx Philippines is a community of traders and cryptocurrency enthusiasts that supports the vision of the OKEx platform to provide an efficient way for users to get exposed to emerging digital asset class called cryptocurrencies. The OKEx Filipino Telegram Channel is a 12,000 strong community dedicated to further OKEx’s mission in the Philippine market.

Join the OKEx Tagalog Telegram community at  https://web.telegram.org/#/im?p=@okexofficial_ph

This article first appeared on BitPinas: Wirex (WXT) Token to Launch on OKEx’s OK Jumpstart IEO Platform

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