Uber Co-founder to Launch No-Fee Exchange

Beta testing of the site will begin this week, and in October traders will have access to the mobile application of Voyager
26 July 2018   2534

Voyager, a zero-fee cryptocurrency trading platform will be launched in USA. The startup is analogous to the American app Robinhood. This is reported by Fortune.

The project participants are Uber co-founder Oscar Salazar, investor of Uber Philip Eytan, and head of the retail broker Lightspeed Financial Stephen Ehrlich . The latter is the CEO of the startup.

We saw an opportunity to build a dynamic smart order router that can take advantage of the marketplace and also offer customers no commissions. [Voyager will make up the difference in revenue] by beating the average price of the coins at the point in time we execute the trade.
 

Stephen Ehrlich

CEO, Voyager

The company will function as a free service aggregator for more than ten trading floors. This will allow traders to buy / sell Crypto-currency at the best price.

Initially, 15 crypto-currencies, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, will be presented on Voyager. According to Stephen Ehrlich, the company tends to add assets that are not available on most major US sites, including XRP and Stellar. However, before this, Voyager will ensure the safe storage of these crypto-currencies.

Beta testing of the site will begin this week, and in October traders will have access to the mobile application of Voyager.

In the future, the platform plans to offer additional services for hedge funds and institutional investors, as well as launch news and analytical services.

The introduction of a free Voyager product to the US crypto-exchange market will be gradual due to the need to obtain licenses from the country's regulators. Currently, the site has permits for trading operations in several states, including California, Massachusetts, Missouri, New Hampshire and Montana.

DEAPCOIN IEO to be Held at OKEx on 8.04

The project is planning to raise $2M a the price of 1 DEP on IEO will be $ 0.0025
25 March 2020   1079

OKEx Exchange announced Wednesday the 11th initial exchange offering (IEO). It will be conducted by the DEAPCOIN Project (DEP) and will be held on April 8th.

As in previous OKEx campaigns, the selection of participants and the selection of the allocation coefficient will be carried out according to two criteria: the average daily balance of OKB and the trading volume on the exchange. For each of the groups, allocation of 400 million DEP tokens is allocated.

The price of 1 DEP on IEO will be $ 0.0025. Thus, the project intends to attract up to $ 2 million from OKEx users. Trading in USDT and USDK pairs will start on the same day.

The DEP token was released by DEAPCOIN to shape the economy around the PlayMining entertainment platform they are developing, where users can earn cryptocurrency during games. DEP is presented as an ERC-20 standard token, while game items on the blockchain will use the ERC-721 standard.

Despite the generally negative dynamics of the IEO space recently, the token of the previous placement of the OKEx platform - HyperDAO - that passed at the end of February is currently trading almost 3 times higher than the initial selling price.