Home / Cryptocurrency / 2018’s Hottest Cryptocurrency, XYO, Continues Meteoric Rise With New Listing on “Top 50” Cryptocurrency Exchange, LATOKEN

2018’s Hottest Cryptocurrency, XYO, Continues Meteoric Rise With New Listing on “Top 50” Cryptocurrency Exchange, LATOKEN

SAN DIEGO–(BUSINESS WIRE)–XYO
Network
, the technology bringing blockchain to the real world, today
announced it has been approved and will list on Estonia-based
cryptocurrency exchange LATOKEN,
with buying and trading beginning December 7, 2018. XYO is excited to
debut the listing news because the user experience with LATOKEN is known
to be positive, and the exchange has an impressive average daily trading
volume of $50 million, earning the exchange its spot in the ‘Top 50’
global cryptocurrency exchange rankings.

This announcement is the first in the execution on the XYO Intelligent
Exchange Strategy
(IES), allowing both accredited and non-accredited
investors to purchase XYO from an exchange beyond the current
relationship with IDEX. As explained in detail on the company blog, XYO
is currently fielding agreements from ten leading exchanges, all within
the top 100.

LATOKEN is a rapidly-growing cryptocurrency exchange that focuses on
providing liquidity for new tokens in the market. According to the
company, LATOKEN reached the top 50 ranking in terms of trading volume,
according to CoinmarketCap. The company has more than 80,000 registered
traders and there are more than 180 different cryptocurrency trading
pairs available. LATOKEN offers low trading and withdrawal fees and
other attractive features such as instant exchange, advanced trading
features and crypto / fiat gateway.

“We’re proud to have XYO Network list XYO on LATOKEN,” commented
Valentin Preobrazhenskiy, CEO of LATOKEN. “We like and appreciate the
leadership the company is showing in the location-validation space and
the many applications of what they are doing. It’s clear they are on the
verge of doing even more amazing things. The future is bright for XYO
and we’re happy to have them launch on our exchange.”

The XYO IES goes well beyond simply choosing exchanges with positive
reputations and significant trading volume. XYO is listing on exchanges
to make a global impact, to ensure that people globally have access to
the “fuel” for the XYO network, and also to educate about the powerful
relative location-verification network currently being built out.

“It’s important that XYO be listed on LATOKEN and many other
strategically chosen exchanges, for a couple of very good reasons,”
commented Scott Scheper, XYO Network Co-founder and Chief Marketing
Officer. “First, the global exposure. We founded XYO on the idea of
creating a ‘people-powered’ location network. Being listed on the right
exchanges, and particularly those overseas, gets XYO into the hands of
people who otherwise might have never heard of us, or the new world of
Geomining and Geodapps. So our network grows and becomes more valuable.”

Scheper continued: “Secondly, it’s about price stability. Being listed
on more exchanges should create better price stability for XYO. As part
of a healthy network ecosystem, working with more exchanges such as
LATOKEN gives us a better opportunity to create a more stable XYO price,
making it a more attractive incentive mechanism for Geominers. And one
more important thing I know our community will appreciate, since we
listen carefully to the input and feedback we get regularly: By ending
our GAMMA Stage XYO Token Sale and starting to list on exchanges, the
market will now determine the price of XYO Tokens, period.

About XYO Network

XYO Network is an effort to create a vast, geospatial,
blockchain-powered location network currently under development with the
goal to provide accurate, certainty-driven location data on everything
from cars to smartphones. By combining location beacons with IoT and
mobile devices, the XYO Network ecosystem plans to deliver the verified
coordinates and data needed to execute smart contracts, run smart
cities, foster financial transactions, and power a legion of
location-centric applications. For more information, please visit https://xyo.network.


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