CoinUp will launch the platform ecosystem's new token CPX Genesis IEO, and spot trading will open on June 9th.

robot
Abstract generation in progress

Deep Tide TechFlow News: On June 8, the cryptocurrency trading platform CoinUp announced that it will soon launch its new ecosystem token CPX Genesis IEO event. It is reported that this IEO will adopt an innovative “lossless bid” and “sunshine-wide coverage” mechanism. The funds users contribute to participate in the bid will be fully and automatically returned after the event ends. If the total bid amount is oversubscribed, the system will allocate CPX quotas to all eligible participants on a pro-rata basis.

According to the official schedule, this IEO bid will be open from 12:00 to 14:00 on June 8 (Beijing time). Token settlement and distribution will be completed between 14:00 and 16:00 on June 8. CPX spot trading will officially be listed at 20:00 on June 8 (Beijing time).

The official statement said that, as the new-generation core token replacing the original platform token CP, CPX will be widely used in a variety of scenarios in the future, including platform VIP benefits, trading fee discounts, ecosystem governance, and value capture.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned