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Tokens!

19.09.17 00:13 from admin

After launching wex.nz, we think that it is possible to talk a little more about tokens of our platform and close numerous questions of our users related to them.

The question that worries everyone is the tokens that users received. "What is it? What is it made of? What is its future?! "

Answer:
1 WEX received the digital assets of BTC-E, but not the fiat balances!
2 WEX did not buy or accept any financial obligations from ex-BTC-E.
3 WEX received a user database.
4 We call those tokens a bonus now, but legally it's called Option.
5 Our lawyers are working on the wording of what a token is in the correct form, so that no one has any complaints against us.
6 Token, was invented by us, with the understanding that YOU got the opportunity, to get more in the future.


Earlier it was reported that the conversion will occur in the ratio of 55% (balances) and 45% (tokens). At the launch date, the ratio of 61.79% (Fiat and crypto) and 38.21% (tokens) became possible.

How did these tokens appear on my balance?
We received digital balances and user profiles under our management.

These tokens / options are made for future compensation of your lost fiat balances. They are created according to the calculation:
100% of crypto in 61.79%
100% of Fiat (our company did not have and does not have access to it) in 38.21% of tokens.

Are tokens equal to bitcoins?
Bitcoin token is not bitcoin and does not have any of its qualities and properties. Tokens of other crypto-currencies also do not have the corresponding qualities and properties of the corresponding crypto-currencies.

Can I sell the tokens? Can I buy tokens?
Trades for tokens are open and available at https://wex.nz/tokens
There are no restrictions on trade in the tokens.

Why is the price of tokens lower than nominal?
This is due to the fact that some users want to sell their tokens by a market price and convert it into the funds that can be used to withdraw or trade in other pairs, and the market, knowing that these tokens / options will eventually be redeemed in a 1: 1 ratio, offers a lower price.

Where are the tokens traded?
They are traded only on our platform, following this link - https://wex.nz/tokens

Can I transfer tokens to another platform user?
We plan to introduce wex-codes for tokens until 30.12.17.

At what price and how will the tokens be redeemed?

Tokens / Options will be redeemed in the following ways:

1 According to the market from the funds earned from commissions of the platform, in the following format (daily, weekly, monthly).
2 According to the market from the funds attracted from investment funds and companies.
3 The final redemption (the date of redemption will be determined during the fulfillment of points 1 and 2) is the redemption of tokens by the nominal value that remain in the users accounts.

When will all the tokens be paid off?
We plan to buy out 100% of tokens in 1-2 years

Each user who owns tokens / options will receive a detailed description and payment scheme in the personal account after creating a legal support (verification).
Risks

We are obliged to inform you about them!

Of course this project has a lot of risks. From legal to operational!
We created a financial company and work with different law offices.
We also plan to insure your money on client accounts in banks and prevent the situation that happened with BTCE from repeating.
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smtddr: o.o

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