Market Overview

Breaking – CoinMex to Launch Its Own Token for Exchange and Become First Crypto Exchange to Support ONG Introducing CT

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CoinMex, a digital asset trading platform launched this summer, just
announced its plan for its own blockchain curated for the platform on
Aug 3, 2018 (UCT+8), and with the new CT/USDT trading pairs in place, CoinMex
offers users 18 BTC rewards
.

CoinMex has a group of highly experienced experts from domestic and
international Internet companies, such as Microsoft, IBM, Alibaba,
Tencent and Baidu, etc.. It raised nearly RMB 100 Million from angel
round financing, in which Distributed Capital (subsidiary of GF Network)
and Huobi Ecology Fund (subsidiary of Huobi) were the leading investors,
BKFUND Xingyao Capital and Aqua Fund were the following investors.

ONG Listing

CoinMex has begun ONG transactions on its platform at 16:00, Aug 1
(UTC+8), and has seen a dramatic price increase in just over an hour.
The launching price was 0.01USDT at 16:00 (UTC+8), and skyrocketed to
1.5USDT at 17:00 (UTC+8).

ONT is the name of the Ontology cryptocurrency. According to Coin Market
Cap, as of April 17, ONT has a market cap of $1 billion which is based
on a circulating supply of 2.41 billion at a price of $4.19 per token.

"ONT is the NEO of the Ontology blockchain, while ONG is the GAS.
Holders of ONT will receive ONG for participating in network decisions,
etc." – Crypto Briefing

Even though several leading exchanges also announced their intention of
supporting the MainNet ONT token swap a few months ago, CoinMex has
become the first crypto exchange to achieve supporting ONT MainNet token
swap worldwide.

CoinMex will regularly airdrop ONG to the ONT holders on a weekly basis
at 20:00 (UTC+8) every Friday after July 31.

Please visit www.CoinMex.com for
more updates.

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