European Cryptocurrency Exchange – ICO Detailed Information

EUCX: AML5 Compliant Crypto Exchange

European Cryptocurrency Exchange (EUCX) is a platform that provides for the conversion of cryptocurrencies as well as an on-ramp fiat exchange in a protected environment with full adherence to the European financial regulation. The exchange is the primary product of a Dutch company EUCX B.V. located in Eindhoven.

The project’s proprietary currency is called EUCX which is now offered to the investors and future users via public pre-sale.

Company information

EUCX places a special emphasis on its strive to fully adhere to the letter of the law that concern crypto trading regulation and monitoring. For this purpose, the company has already obtained a corresponding license from the Chamber of Commerce of the Netherlands, a domestic VAT number, and the Central Index Key for the United States Securities and Exchange Commission (SEC). This information has been made available on the project’s official website which has a positive impact on its credibility.

The EUCX team members claim that they chose not to confront or evade the authorities, but rather find a common ground with regard to crypto by communicating with the Dutch parliament, state regulators, and central bank, the establishments that are to pass the Fifth Anti-Money Laundering Directive (AML5) that will definitely have a tangible impact on the crypto industry. Therefore, EUCX is already a step ahead of the competition in terms of regulatory compliance.

On the flip side, EUCX directly states that it has no intention of listing privacy coins, which limits the trading opportunities.       

Main advantage points of EUCX

Apart from simply stating that the exchange runs on the Ethereum blockchain to convince of the transparency of its operation, EUCX makes sure to keep the following information publicly available at all times: financial reports, listing requirements, full bio of project’s leaders and shareholders, as well as all types of policies.

Should EUCX hit the hardcap, which was set at 18 million euro, the project will put in maximum effort to establish the first legally compliant fiat-to-crypto exchange in Europe. But that would happen only if the sufficient liquidity is obtained.

EUCX exploits the proprietary matching engine which displays the capability of executing close to 4 million trade order in a second, thus providing decent means for high-frequency trading. The same engine has the ability to instantly detect any fraudulent activity and notify the trader and the tech support team.

The exchange offers a broad range of financial products, such as the EUCX indices (securities, payments) and contracts for difference that can be traded with leverage.

EUCX introduces the curated listings which stipulate for the rigorous compliance assessment of all crypto projects that apply for token listing. 

EUCX token

EUCX is the ERC-20 compliant utility token that is used to pay all types of fees and purchase subscriptions. The platform provides for three types of subscriptions: basic (free), individual premium, and business premium. It should be noted that the owners of premium accounts can trade on a no-fee basis.  

ICO details

The public pre-sale of EUCX will last for another two weeks until June 30. The ICO will begin on the next day - July 1 and go on for two months. The pre-ICO price of EUCX is 0.0225 euro whilst the ICO price will be 0.03 euro. Tokens can be purchased with ETH. The minimum investment threshold is established at 15 euro. Citizens of the United States, Botswana, North Korea, Ethiopia, Ghana, Iran, Pakistan, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, and Yemen and prohibited from participating in the token sale.

Author: Alex Paulson for Crypto-Rating.com

• Q1 2019. ICO private sale
• Q2 2019. ICO public presale
• Q2 2019. ICO public sale
• Q2 2019. Closed alpha
• Q3 2019. Closed beta
• Q4 2019. Open beta
• Q4 2019. Release v1.0
• Q4 2019. AML5 compliant
• Q1 2020. DNB permit