The exchanges announcement; The membership sale start; Token burn; AirDrop
Dear MoneyToken community,
We’re incredibly excited to announce that:
- IMT will be listed on 5 Exchanges from August 30th
- In line with the start of listing, IMT withdrawal will be activated at 02:00 AM UTC on August 30th
- The next membership sale for zero-interest rate loans will start on September 7th
- Invitations to the IMT 1,000 token Airdrop are open
IMT Exchange listing — 30th-31st August
After a lot of hard work and a lot of discussion within MoneyToken and the Community, MoneyToken has made the decision to list initially in August on 5 exchanges.
From 30th and 31st of August IMT will be available for trading on the following exchange platforms:
We are personally thrilled to be listing on CoinSuper, and it is our definite no.1 choice. We believe that CoinSuper will bring huge benefits to our community:
- CoinSuper is now the top Chinese exchange, with approximate volume of $150,000,000 trades every single day
- Most major exchanges list lots of cryptocurrency and altcoins and any newly listed coins need to apportion liquidity with hundreds of coins which are already on the exchanges. CoinSuper has only few coins listed alongside BTC and ETH, and therefore IMT has the opportunity to gain access to a huge portion of the exchange’s liquidity
- CoinSuper supports fiat and USD trades; this means that CoinSuper is a fully compliant platform and adds the convenience to users of having access to USD trading pairs.
- Having spent time with CoinSuper getting to understand them fully, we can see that they have a highly professional team of financial, marketing and business development experts; including team members hired from other major exchanges.
- CoinSuper is backed by TOP-crypto funds like Pantera Capital
- CoinSuper is a super fast exchange to use and has an excellent User Interface
We are highly recommending CoinSuper as the primary exchange for buying and selling IMT tokens.
Another very popular Asian exchange, BitForex has scored №1 on CoinMarketCap trade volume list.
With the BitForex exchange, MoneyToken gains access to the highest trading volume of the number #1 exchange on the market.
We have picked IDEX as our no. 3 exchange for listing — IDEX is the most famous decentralized, Ethereum only exchange on the market and is part of the Aurora financial network, with real-time trading and high transaction throughput. We like what they do and their strategic vision, and feel that IMT has a good potential through listing there.
LATOKEN is a rapidly growing crypto exchange focusing on liquidity for new tokens — while it is nowhere near the size currently of the really big exchanges, we still see listing here as a good strategy for MoneyToken, giving us a wide range of audience and traders, who may be operating outside the big players:
● LATOKEN has a $25m daily turnover
● More than 75,000 registered traders
● 90+ crypto pairs available for trading
BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 500,000 users worldwide and a top 30 ranking on CoinMarketCap. BitMart currently offers 83 trading pairs with one of the lowest trading fees on the market. BitMart’s daily trading volume ranges from $30,000,000 to $40,000,000 USD. BitMart has a global team with extensive industry experience from all over the world including the United States, China, South Korea, Singapore, Japan and Hong Kong.
“We’re excited to list MoneyToken on BitMart Exchange. MoneyToken is a blockchain-based financial ecosystem that provides crypto-backed loans, stablecoin MTC and a decentralized exchange service. MoneyToken has a professional team with deep industry experience, large and extremely active communities. The rich and abundant industry experience helped MoneyToken grasp the opportunity of collateralizing cryptocurrency for more liquid currency. BitMart will collaborate closely with MoneyToken and we are confident that it will become one of the best projects to thrive in this bear market.”
– Sheldon Xia, Founder & CEO of BitMart Exchange
IMT will become available on these exchanges within 6–36 hours after the activation of the token withdrawal option on users accounts.
Further listing of IMT on other exchanges are planned for the future, in line with our overall strategy to support IMT and all our community. Work is still going ahead with discussions and development of listing on other exchanges.
OK, so the big one — why no Binance listing in the first wave?
As you will have seen from our website (and the community chat), Binance has been on our radar for some time, we all know how amazing Binance is, and from our website you can see the Binance logo.
To explain — we are going through the process of getting IMT listed on Binance. The logo and “Application in Progress” strapline are officially endorsed by Binance themselves, and we of course allowed to announce that our listing is underway.
We are unable to share details of the progress of listing due to the rules provided by Binance (you also could read the article written by Binance CEO, Zhao Changpeng — https://www.linkedin.com/pulse/binance-listing-tips-changpeng-zhao/)
Binance is clearly in our target sights, and we will be super thrilled when we do get listed there; however we believe right now we have made the right decision to go with CoinSuper, Bitforex, IDEX, Bitmart and LATOKEN in the first wave.
Withdrawing your IMT
Every user has received their IMT tokens in their account on the platform.
With the official listing all users will be able to withdraw their IMT tokens from the platform to their own wallets.
The withdraw process will be enabled from 02:00 AM UTC on the 30th of August.
In order to withdraw IMTs, please follow these instructions:
- Log into the platform at account.moneytoken.com
- Go to the “Balance” tab.
- Find IMT and click on the “Withdraw” button.
- Create an order to withdraw IMT to your eth-address.
- IMTs will be sent to the eth-address which you have entered during the registration process at tge.moneytoken.com.
- Withdraw order execution will start at 02:00 AM UTC 30th of August.
- All IMT withdrawal applications will be executed on a first come-first served basis
- This means that if you create an order in advance (for example today) — you will potentially be able to get IMTs into your wallet earlier than other users. Conversely, If you wait until the last moment and create your order at 01:59 AM UTC 30th of August, you are likely to find that your IMT withdrawal order will be right at the back of the queue.
- The full IMT distribution could take 3–8 hours depending on the load on the ethereum network.
Contract address: 0x13119e34e140097a507b07a5564bde1bc375d9e6
Token Name: MoneyToken
Token Symbol: imt
Please Note: As mentioned in all previous announcements it is absolutely necessary to pass the KYC procedure before you will be able to withdraw IMT from the platform. Please be sure that you passed KYC already and apply for KYC now if you haven’t done so before.
Membership Sale+Token burn
On 7th September we will be releasing for purchase the next phase of MoneyToken Memberships for zero interest rate loans.
With MoneyToken Memberships for zero interest rate loans, users will be able to use the platform for free, without paying any fees or interest. This amazing opportunity is provided to allow users to try out the platform and gain access to all the benefits of a crypto-backed loan.
- The number of available memberships will be limited, and offered on a first come, first served basis. You’ll need to get in quick if you want to enjoy this offer!
- Memberships can be purchased using IMT tokens only.
- Newcomers who wants to buy membership and try it out will need to buy IMT on exchanges first.
All IMT tokens used for purchasing memberships will be burned, decreasing the total supply of IMTs.
Join the AirDrop program
We also invite every active community member to join our AirDrop program and get 1,000 IMT tokens! All you need to do is get onto the program and complete the tasks before the end date of 30th of September.
To get Airdrop tokens all Airdrop participants need to register an account on the platform. All AirDrop tokens will be distributed to users accounts to allow AirDrop participants to use them within the platform, spend to get the membership, or to get a discount on loan repayments.