YOLO Exchange Launches It's ICO To Address Technical Difficulties In The Cryptocurrency Exchange World

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The current cryptocurrency exchange market has proven to have some faults that has led certain entrepreneurs into coming up with alternative solutions.

Daniel Lew, one of the co-founders of YOLOWorld.io which has 18,000 crypto traders had started an idea of launching a cryptocurrency trading exchange after finding numerous issues from other various crypto exchanges such as Yobit, Tidex to name a couple. C-Patex, one of the small exchanges in the cryptocurrency market had removed YOLO coin from their platform along with Waves and Organic Token due to some technical issues. Because of Daniel’s frustrations YOLO.Exchange came to life, he had since appointed himself as the CEO and co-founder of YOLO.Exchange.

Daniel then reached out to one of his colleagues, Tom Miller, a well-known blockchain developer of Ethereum to be part of the YOLO.Exchange project, and he agreed. Together with the YOLO co-founders Gamie Arroyo (CEO), Joel Peñafiel (Trading Manager), and Angelo Lauro (Finance Director) they are joining forces to create a cryptocurrency trading platform that is something that no other exchanges like Binance, Cryptopia, Kucoin and others have.

The YOLO.Exchange claims to be the first ever instant approval KYC compliant verification exchange, which supports most blockchains such as ERC20, Waves, NEM, NEO, EOS, and so on. After numerous issues from various exchanges and due to their very broad experience in both software and blockchain development this setback has made them even more motivated to have their very own cryptocurrency trading platform. All types of coins or tokens are accepted in this platform, which is something that existing exchanges don’t have due to their own limitations.

Apart from the exchange, they already have YOLO Shift, which is their own version of Shapeshift where everyone can swap their coin or token to another type of it. In that case, when they want to exchange Bitcoin to Ethereum, they can use YOLO Shift to successfully convert it with any amount.

YOLO.exchange claimed that all YOLO holders will get their first 1000 transactions for free while new members will have a very low trading fee at just 1%. The team at YOLO coin itself also claim that the main trading pair of the exchange will certainly skyrocket the price of YOLO coin.

The YOLO.Exchange will have their own ERC20 token known as YLX, which is based on Ethereum. The pre-sale of YOLO.Exchange will begin on April 4th with 20 million YLX tokens worth 15,000 ETH are on sale at $0.30 per token. For the main crowdsale, it will be on May 14th with 100 million YLX tokens worth 75,000 ETH are on sale between 0.50 cents- $1 per token.

The Pre-ICO has also started: https://yolo.exchange/ico/

Contact Info:
Name: Daniel Lew
Email: Send Email
Organization: Yolo Exchange
Website: https://yolo.exchange

Release ID: 325177

CONTACT ISSUER
Name: Daniel Lew
Email: Send Email
Organization: Yolo Exchange
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