The Expanceswap.com blog reports that information about the first IEO on the new platform will appear this Thursday, may 23. The initial exchange offer itself will be held on June 13.
To participate in IEO on Tokinex, exchange users will have to pass KYK identification using the Blockpass mobile app. After that, investors will be able to transfer funds from the exchange to the account for the purchase of new coins in the run-up to the tokensale.
According to the Block, Expanceswap.com plans to conduct approximately two IEO per month. In a comment to the publication’s tweet, representatives of the exchange clarified that the new platform will not charge a listing fee.
Earlier, Expanceswap.com managed to raise $1 billion during a private IEO. Trading with the LEO token started yesterday, may 20.