• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • WFIS, Philippines (September 23-24, 2025)
    • Forex Expo Dubai (October 6-7, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
    • Blockchain Futurist Conference, Florida (November 5-6, 2025)
    • WFIS, Indonesia (November 25-26, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

The first initial exhcange offering on EXMO lasted 2 minutes

April 3, 2019 By Crypto Reporter

Users have spent 100 BTC to purchase 85,000,000 Paytomat tokens (PTI).

On April 1, crypto exchange EXMO conducted the first initial exchange offering (IEO). Investors bought out 85,000,000 Paytomat tokens (PTI) (worth 100 BTC) in 2 minutes, according to company’s release. On April 4, the following currency pairs will be available for trading: PTI/BTC, PTI/EOS and PTI/USDT.

Paytomat is an infrastructure platform enabling the use of cryptocurrency in daily life. The company offers solutions for payment services allowing instant payments in multiple cryptocurrencies.

“We are pleased to become the pioneers in the cryptocurrency market hosting the first IEO in Eastern Europe. This time we closed the token sale with Paytomat ahead of time. In my opinion, this is an amazing sign that the market is gradually emerging from prolonged stagnation,” said Sergey Zhdanov, CEO of EXMO exchange.

IEO, an alternative to ICO, has been gaining popularity since the beginning of the year. Like ICO, it’s a way to raise funds, but rather than the startup itself going about searching for investors, the exchanges pick up promising projects and promotes them among their user base.

Filed Under: General News, News Tagged With: cryptocurrency, exchanges, EXMO, IEO, news

Primary Sidebar

Follow Us

Press Releases

The Next Big Altcoin Could Surge 10x Higher Than Dogecoin & BONK After 300% Rally

July 11, 2025

The Hashgraph Group Partners with MPBCDC (Government of Maharashtra) to Build India’s First State Carbon Bank on Hedera

July 11, 2025

G-Knot Appoints Fintech, Crypto Veteran Wes Kaplan as CEO to Launch the First Finger Vein Biometric Wallet

July 11, 2025

Ripple (XRP) Price Set to Retrace to $1.20, While Ethereum (ETH) and Little Pepe (LILPEPE) Charge Ahead

July 11, 2025

Why BlockchainFX Is Being Hailed As The Best Utility Crypto In 2025 Over Polkadot and Cosmos

July 11, 2025

TWS Conference

Forex Expo Dubai

Merge Madrid

Futurist Conference

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter