ProximaX ICO Registration is Open

Public Token Sales starts from 15th to 25th April 2018

ProximaX

Published in

ProximaXio

3 min readApr 14, 2018

Register now to avoid delays. KYC registration and approvals will be ongoing during the ICO.

Click here to get started: https://proximax.io/publicsale-signup

Estimated registration & KYC processing time

Due to high demand and extended due diligence requirements, estimated processing time is 1 week. You will receive an email confirmation when approved.

Contribution details & dates

The public ICO will commence on 15th April 2018 at 12:00AM CET till 25th April 2018 at 12:00AM CET. Tokens will be sold in stakes. Each stake costs USD$750 exclusive of transaction fees, conversion costs or other costs. Minimum investment is 0.1 stake, translating to USD$75. Tokens received per stake will only be known at the end of the ICO. Final count will be 5 billion tokens/number of stakes raised.

Accepted forms of contribution

- XEM
- ETH
- BTC
- XAR

KYC process & details

Please access the public KYC registration via https://proximax.io/publicsale-signup. During the KYC registration, you will be requested to provide the following information:

Tier 1:

For contribution below USD 10,000:

You are expected to complete requested details and provide a photo of your passport ID page, or front and back of national ID, or front and back of driving license, and a photo of your proof of address (PoA). For PoA, you may upload a photo of your utility bill (for example, telephone, electricity or water), bank or credit card statement, or a tax bill, dated at most up to 3 months old.

Tier 2:

For contribution between USD10,000 to USD18,000:

In addition to that request in tier 1, you will have to fill in a questionnaire on your source of income and wealth.

Tier 3:

For contribution above USD18,000:

In addition to that request in tier 1 and 2, you will need to provide proof of wealth (PoW). For PoW, your upload may include a photo of your annual tax statement, payslip, letter from employer confirming salary or employment contract.

Excluded participants

Participants from the following will not be able to take part in the public ICO — note difference between resident and citizen:

• United States of America (citizens and residents)
• Canada (residents)
• People’s Republic of China (residents but excluding Hong Kong, Macau and Taiwan)
• Republic of Korea (residents)
• Japan (residents)

“Resident” being people living or paying taxes in a country. Unrestricted citizens can still buy if they are residing in another country that permits them to invest in ICOs.

Transfers for approved participants

For those that have been approved following registration:

Step 1: You will receive an email confirming that you have been approved to participate.

Step 2: Just before ICO commences, you will receive an email which will ask you to set your password so that you can access your ProximaX account.

Step 3: Within your ProximaX account, you will gain access to your own personal dashboard with instructions on how to send your contribution.

The amount of XPX stakes received will be based on the hourly conversion rate using the transaction’s timestamp plus costs. XEM is a NEM project, so a cheaper conversion rate will be given for XEM due to lower costs from our side. XPX are to be released 30 days after close of ICO.

Outstanding KYC

For those that have received emails requesting further KYC, please attach your outstanding KYC to your email reply. This should be done as soon as possible to avoid delays.