Daniel Lew, one of the co-founders of YOLOWorld.io which has 18,000 crypto traders had started an idea of launching a cryptocurrency trading exchange after finding numerous issues from other various crypto exchanges such as Yobit, Tidex to name a couple. C-Patex, one of the small exchanges in the cryptocurrency market had removed YOLO coin from their platform along with Waves and Organic Token due to some technical issues. Because of Daniel’s frustrations YOLO.Exchange came to life, he has now appointed himself as the CEO and co-founder of YOLO.Exchange.
Daniel then reached out to one of his colleagues, Tom Miller, a well-known blockchain developer of Ethereum to be part of the YOLO.Exchange project, and he agreed. Together with the YOLO co-founders Gamie Arroyo (CEO), Joel Peñafiel (Trading Manager), and Angelo Lauro (Finance Director) they are joining forces to create a cryptocurrency trading platform that is something that no other exchanges like Binance, Cryptopia, Kucoin and others have.
The YOLO.Exchange is the first ever instant approval KYC compliant verification exchange, which supports most blockchains such as ERC20, Waves, NEM, NEO, EOS, and so on. After numerous issues from various exchanges and due to their very broad experience in both software and blockchain development this setback has made them even more motivated to have their very own cryptocurrency trading platform. All types of coins or tokens are accepted in this platform, which is something that existing exchanges don’t have due to their own limitations.
Apart from the exchange, they already have YOLO Shift, which is their own version of Shapeshift where everyone can swap their coin or token to another type of it. In that case, when they want to exchange Bitcoin to Ethereum, they can use YOLO Shift to successfully convert it with any amount.
The benefit of YOLO.exchange is that all YOLO holders will get their first 1000 transactions for FREE while new members will have a very low trading fee at just 1%. Also by having YOLO coin itself as the main trading pair of the exchange will certainly skyrocket the price of YOLO coin.
The YOLO.Exchange will have their own ERC20 token known as YLX, which is based on Ethereum. The pre-sale of YOLO.Exchange will begin on April 4th with 20 million YLX tokens worth 15,000 ETH are on sale at $0.30 per token. For the main crowdsale, it will be on May 14th with 100 million YLX tokens worth 75,000 ETH are on sale between 0.50 cents- $1 per token.
With Daniel’s driving force and the rest of the solid team coinciding it looks like they are on the right track to make this project a successful one.
Join the Pre-ICO here: http://yolo.exchange/ico/