LATOKEN Lists Miner One’s MIO Token

Miner One is pleased to announce that its MIO tokens have been listed on the LATOKEN Exchange. The MIO/ETH pair is now available for trading, and MIO/USDT will be available shortly.

“This is a significant step for Miner One. It shows our confidence that we are creating value for our community of token holders and that we are in this for the long term,” notes Miner One CEO Pranas Slusnys.

The listing of Miner One’s MIO token on a major centralised exchange has been hotly anticipated since late spring, when the crowdfunded cryptocurrency mining operation finished its ICO. Miner One raised about US $4.5 million to build a cryptocurrency mining centre and distribute profits to MIO token holders.

Miner One began mining bitcoin and made its first payouts to MIO holders in August of this year. The company is currently operating at just under 20% of full initial capacity and is awaiting news on availability and pricing of next generation (7nm) ASIC miners before ordering and deploying a larger, second batch of miners. This second batch will bring Miner One operations to full initial capacity. After that, a portion of profits are to be used for ongoing equipment upgrades to keep Miner One profitable.

“There’s no doubt the environment has been a challenging one. The support and advice of our community has been vital. We can all be proud that, even in such challenging conditions, we have delivered on our commitments, including a listing on a major centralised crypto exchange, and are generating a modest profit for MIO holders as we await a crypto rebound,” says Slusnys.

LATOKEN is a rapidly growing crypto exchange and tokenization platform focusing on providing liquidity for new tokens and asset classes, with:

● US$35m in daily turnover
● 85,000 registered traders
● 90+ crypto pairs available for trading
 
Besides crypto trading, LATOKEN users can participate in selected token sales at pre-sale and crowdsale stages.