BiKi.com Launches Premiere IEO of XB Token

By: yourPRstrategist
 
SINGAPORE - Feb. 20, 2020 - PRLog -- Top 20 CoinMarketCap exchange BiKi.com is launching its premiere IEO. The exchange has officially announced a strategic investment in the XueBi trading platform and is launching a first ever IEO for its platform coin XB.

Financing is the lifeblood of any project, whether via IPO, ICO, IEO or STO. The trend favoring IEOs over ICOs has marked a turning point in financing for digital assets. Compared with ICOs, IEOs ride on the credibility of the exchange, a seeming guarantee of reduced investment risks, since exchange listing after IEO is assured.

BIKi's Strategic Investment in XueBi Platform

The BiKi Industry Fund recently invested USD 1 million on the XueBi trading platform. The two parties have entered into a strategic cooperation where their platforms will complement each other in terms of assets and traffic. XueBi.io is alleged to be the world's first community federated digital asset trading platform. Its products include currency trading, OTC trading and ETF trading, including leveraged ETF. An index fund that uses financial derivatives and debt to amplify returns, with leveraged ETF, traders can sell short or long regardless of market fluctuations. With limited funds, traders can obtain higher returns without borrowing and without deposits.

Its first IEO project in 2020, BiKi will launch a subscription for XueBi (XB) under BiKi Power for XB/USDT pair on Feb 21st GMT +8. Trading will begin 7 hours later on the same day.

Platform Coins

With demonstrated utility, platform coins can be profitable. Having an exchange behind them gives them more investment value.

Riding on the wave of the halving boom, platform coins have also become a new favorite. As an aphorism in the stock markets goes, the harbinger of a bull market is a surge in brokerage stocks. In the crypto markets, platform currencies can be compared to brokerage stocks.

Media Contact:
Marketing Team
Chang Jie Lin, BiKi.com
media@biki.com
+65-94556702

Cecilia Wong, yourPRstrategist.com
cecilia@yourPRstrategist.com
+65-91826605
http://www.BiKi.com
End
Source:yourPRstrategist
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Tags:Digital Assets Trading
Industry:Business
Location:Singapore - Singapore - Singapore
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