LISTING ANNOUNCEMENT: savedroid Token “SVD” to hit exchanges on August 10th, 2018
We have exciting news: The savedroid Token — ticker symbol “SVD” — will start trading on Friday, August 10th, 2018 at the four exchanges HitBTC, Bancor, IDEX, and TIDEX. The SVD listing takes place after the successful launch of the savedroid crypto saving app in only 3 months of IT development and the stabilization of the crypto market significantly above the critical Bitcoin watermark of 7,000 USD. More exchanges for the SVD token that democratizes cryptocurrencies to bring crypto to the masses will follow soon …
👉 Starting from Friday, August 10th, 2018 you can buy SVD on the following four exchange platforms:
· IDEX, the decentralized Ethereum asset exchange of Aurora Labs enabling direct peer-to-peer trading, and
Choose your preferred exchange platform now to ensure a smooth registration process well before SVD’s official trading start on Friday, August 10th, 2018.
👉 WHY ARE WE LISTING SVD NOW?
We have consistently worked towards a hopefully good market timing to support the value of SVD in the best interest of our whole token holder community. In this respect we have taken care of two very important factors of a successful token listing:
1) Have a live product before listing SVD
We have launched the savedroid crypto saving app on Google Play on June 29th. This was a very important milestone for savedroid as we now have a live product which delivers on our ICO value proposition of enabling cryptocurrencies for everyone through maximum simplification and state of the art user experience. Over the last month crypto market participants have experienced that tokens of companies with a live product have performed much better than tokens of pre-product companies. Therefore, having a live product like savedroid does clearly supports the value of the SVD token.
2) List SVD in a stable crypto market environment
It’s common evidence that token prices largely fluctuate in-line with the overall crypto market environment, especially in-line with the Bitcoin price. Since the overall crypto market environment has been very challenging from March 2018 and — even more so — from May 2018 onwards we wanted to wait for a at least slight Bitcoin price stabilization. The majority of market participants was seeing such stabilization around a Bitcoin price range between 6,850 USD and 7,000 USD. As the crypto market has now stabilized significantly above this critical 7,000 USD Bitcoin watermark we now push the SVD listing fast forward.
We are convinced that respecting these two critical factors will support the value of the SVD token. This strategy has been supported by the vast majority of SVD token holders as our strong community clearly understands that it is in the best interest of every SVD HODLer.
👉 WILL THERE BE MORE EXCHANGES?
Yes! As you know we have already announced a TOP5 exchange. We are in ongoing alignment talks with this Top5 exchange to find a mutually suitable trading start date. We continue to push for a listing at this Top5 exchange as soon as possible. However, it needs to be understood that the listing date as well as the disclosure of the name of this very exchange solely depend on the discretion of this exchange.
We are also in ongoing talks with several other exchanges to sign-up more trading platforms for the SVD token. It is our goal to provide our token holder community with an attractive set of bigger and more specialized exchanges to ensure the maximum liquidity possible for the SVD token. Please be aware that token listing fees have reached absolutely crazy prices and — for the moment being — remain on an extremely high level. However, we are always fully committed to make the best use of our ICO funds. Therefore, we consistently stick to our strategy not to participate in such a rat race, but to only accept economically favorable terms for listing the SVD token at further exchanges.
👉 HOW TO MINT MY SVD?
As you know, we offer you the convenient and safe solution to keep your SVD tokens at the savedroid wallet. This is a very easy solution for all token buyers who are no crypto experts yet and/or who do want to HODL their SVD. So, just in case you would like to mint your SVD to your personal ERC20 wallet before the trading start and have not yet done so here is the “how-to”.
Firstly, you need to make sure that you have successfully completed your KYC (Know Your Customer) process. This can be done inside your personal login area on our ICO website. Please login with your credentials and follow the KYC instructions. Secondly, you will be required to register your personal ERC20-compatible wallet address where your SVD tokens shall be minted. To do so, please log-in to your ICO account and click on your profile page. There you can input your ERC20 wallet address. Please do note that a) the wallet you use for SVD minting must be compatible with the Ethereum ERC20 standard, b) you must use a personal ERC20 wallet, as exchange wallets such as Coinbase, Binance etc. will not work and you risk losing all your SVD tokens by entering an exchange wallet, and c) you should copy and paste the address of your personal ERC20 wallet to avoid any typos as crypto transactions can’t be rolled back / reclaimed. We acknowledge that savedroid does not take liability in case of SVD minting errors caused by users. Thirdly, you need to set the “Minting Mode” to the first option “Mint all SVD as soon as possible to my ERC20 wallet” and confirm your selection.
If you successfully complete all three steps outlined above until 11.59pm CEST on Friday, August 3rd, 2018, we will be able to mint your SVD tokens to your personal ERC20 wallet before the official trading start on Friday, August 10th, 2018. If not, we will keep your SVD tokens safe in the savedroid wallet and you will be able to access them afterwards via the savedroid crypto saving app.
SAVEDROID CREATES A UNIQUE AI-FUELED ECOSYSTEM OF CRYPTO SAVING FOR THE MASSES
savedroid is the smartest, most convenient, and safest way for your crypto savings to fulfil your smaller and bigger wishes. We provide easy access to cryptocurrencies for everyone — absolutely no crypto exchange signup, wallet setup, and private key handling required. So, what are you waiting for? Join the crypto saving revolution now: https://www.savedroid.com
