• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Wiki Finance EXPO, Singapore (May 27, 2023)
    • Radical Finance, Hong Kong & Shenzhen (May 29-30, 2023)
    • Money 20/20, Amsterdam (June 6-8, 2023)
    • WFIS, Nigeria (June 6-7, 2023)
    • Crypto Expo Asia, Singapore (June 7-8, 2023)
    • BLOCK3000: Blockchain Battle, Lisbon (July 6-7, 2023)
    • NFT Show Europe, Valencia (July 14-15, 2023)
    • CyFrica, Kenya (July 18-19, 2023)
    • TOKEN2049, Singapore (September 13-14, 2023)
    • Blockchain Expo Europe, Amsterdam (September 26-27, 2023)
    • FinTech Festival Asia, Thailand (September 27-28, 2023)
    • European Blockchain Convention, Barcelona (October 24-26, 2023)
    • Future Tech Event, Oman (November, 2023)
  • Past Events
    • Event Horizon
    • Blockchain Life
    • BlockShow Europe

Crypto Reporter

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


Join us on Telegram: https://t.me/crypto_reporter
Visit Radical Finance Asia on May 29-30, 2023
  • 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

Litecoin (LTC) Drops Ahead of Halving Dates, Chainlink (LINK) Price Drops 6%, and Collateral Network (COLT) Forecasted for 3500% Explosion

May 27, 2023

Making Waves! A closer look at the presale of TMS Network (TMSN) and the impact on Cardano (ADA) and Chainlink (LINK)

May 27, 2023

Ledgible and FINOA Integration: Empowering Institutional Investors in Crypto

May 26, 2023

FINEXPO Brings FinTech Industry Leaders and Enthusiasts Together at FinTech Festival Asia 2023

May 26, 2023

Bitget to offer institutional clients off-exchange settlement with Copper’s ClearLoop technology

May 26, 2023

Radical Finance 2023 Asia

Money 20/20

WFIS 2023

NFT Show Europe 2023

CyFrica 2023

Blockchain Expo Europe 2023

Fintech Festival Asia 2023

European Blockchain Convention 2023

Blockchain Expo Global 2023

Footer

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

Search

2017-2023 Crypto Reporter