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IronX Exchange finally launches following $26 million ICO

  • IronX was jointly created by Cyprus-based broker IronFX and Emurgo HK.
  • IronX had previously raised $26 million in an ICO and also raised an additional $22.3 million in a private fundraising drive.

IronX Exchange finally had its public launch this Thursday, three months removed from their initial December beta launch. IronX is a regulated trading platform that was jointly created by Cyprus-based broker IronFX and Emurgo HK. The platform will allow retail and institutional investors to exchange traditional fiat, cryptocurrencies, forex, commodities, equities, and other tradable assets. Investors who pre-register and receive KYC approval will be rewarded with 10 IRX (native token). 

IronX had previously raised $26 million in an ICO and also raised an additional $22.3 million in a private fundraising drive. IronX’ users can now trade in both fiat currencies like the U.S. dollar, euro, and Japanese yen and cryptocurrencies. The exchange supports Bitcoin (BTC), Ethereum (ETH), PumaPay (PMA), Cardano (ADA), EOS, Litecoin (LTC), NEO, Stellar (XLM), Ripple (XRP) Tezos (XTZ), and IRX.

IronX CEO Dimitris Hatzis was happy with the launch saying: 

“We are delighted with our public launch, which commences today and gives investors access to the IronX platform. As promised, our platform users will be offered a 50% discount for trading fees paid with IRX tokens in frames of the IRX Loyalty Program. They will also have access to cryptocurrency and fiat pairings. We are planning to add more features to our platform on the later stages, together with an increased number of listed cryptocurrencies.”

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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