EO, an ecosystem of four platforms, has obtained two licenses for its next cryptographic exchange and wallet. This makes it one of the first cryptography-based companies to receive a license before launching its products and can officially allow the use of Fiat in its next cryptographic exchange platform, online cryptographic purse, as well as the exchange of its own currency. , EO , with fiat.
Regulation in the world of cryptography is a fairly new topic, which has been receiving a lot of attention as more related projects are emerging. Many exchange platforms and crypto-stars are looking to receive licenses for their services, however currently exchanges and portfolios, including some of the most important names, are operating without a license, and they are allowed to do so due to the youth of the crypto market.
EO comes from ExpertOption, which has been a regulated intermediary since entering the online commercial scene, EO with other products, will develop and launch an exchange platform and a cryptographic portfolio for both fiat and digital currencies that follow the same path and have received the virtual currency exchange. Service license (number FVR000193 ) and Virtual currency purse service license (number FRK000161 ).
It is expected that EO.Finance, the financial encryption center that will serve as a wallet for storing and exchanging crypts with fiat, will be launched in July 2018 according to the roadmap. EO.Trade, is the largest project in the ecosystem will be launched in December of the same year and is now officially authorized to offer direct exchange of fiat and crypto and vice versa along with all other EO products.
The EO ecosystem with its platforms will bring online commerce and blockchain projects, facilitating cryptographic and fiduciary exchange. The platforms will allow newcomers to buy tokens using fiat. They can also exchange their crypts for fiat without a complicated process.
The system will present token-based accounts in its online trading platform, ExpertOption, where the EO currency will allow the encryption trade with higher profit percentages. The EO currency will also allow lower transaction fees at EO.Finance and EO.Trade.
The pre - sale of EO coins began on April 16 and will continue until June 29, while a second round of sales is expected on July 16 through August 31.