In association with OKEx, a world-leading cryptocurrency exchange, Wirex is announcing its 4th OK Jumpstart token sale, which will take place on July 1st, 2019. Wirex is a UK-based, FCA-regulated fintech company aiming to offer the world’s first crypto and traditional currency integrated Visa card. Founded in 2014, and with its headquarters in Europe, this company is a global leader in digital money solutions for both personal and commercial use.
Wirex platform already supports multi-currency accounts, funds transfer, and exchange services. The launching of its new token WXT is “designed to help users access unique rewards and save on fees”.
Wirex will play a vital role in the transformation of the financial industry, with the introduction of the first card that will work as a bridge to connect traditional and crypto markets. According to Andy Cheung, Head of Operations at OKEx:
“It is delightful to see the project finally launching and we have been so excited to work with the Wirex team… We are here to connect the crypto and the traditional markets, and at the same time, we are dedicated to support an emerging blockchain financial ecosystem, to cater the shortfall from the current economy.”
As for Wirex, Pavel Matveev (CEO), also commented on the announcement saying:
“As one of the world’s biggest exchanges with a proven track record of successful IEOs (initial exchange offerings), we’re delighted to release the Wirex Token through OKEx. Their Jumpstart program is the benchmark for new, innovative token offerings like WXT.”
Due to the overwhelming response in the lead-up to the presale, 2 subscription sessions will be held in order to satisfy the demand. During this period, 400,000,000 WXT will be available for sale at a price of $0.005 per WXT. Each session will have a supply of 200,000,000 WXT. The first subscription session will open on July 1st, 2019 at 06:00 (CEST, UTC+2), and the second session will open at 07:00 (CEST, UTC+2). The only token accepted for subscription will be OKB and the exchange rate will be confirmed at launch date.