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WEX token

31.10.17 23:05 from admin

Dear WEX users!

Input data: WEX has bought out the BTC-e user base and their digital profiles.

WEX issued tokens that compensate for the lost fiat balances of users of the BTC-E exchange.

Starting from November 2 2017 00:00 a.m. (Moscow) we will publish data on the percentage (%) of the bought out tokens, under the chat, the information will be updated in real time. Conditions for keeping, selling and buying tokens will be described in the Terms of Use.

Our company is working under the laws of Singapore which considers digital currencies and tokens as a "digital asset". It means that we have the right to issue tokens, a “digital asset” with conditions and price specified at the start and available for trading.

The WEX token is a contract between us and users, according to which we are obliged to buy out the WEX tokens during a certain interval of time (2 years). In this case from the legal point of view it is the creditor’s right (right of the user) to get a compensation / payment for tokens and also to trade it.

In the first stage, tokens are redeemed from the market at regular intervals (daily, weekly, monthly). This stage has already been launched and changes can be seen online by the percentage of redeemed tokens.
At the second stage, tokens will be bought out 1 to 1 from user balances. The time of the launch of this stage has not yet been determined.

Previous news about tokens -- https://wex.nz/news/2

Yours sincerely,
WEX
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azarashi: they just bought couple sellwalls each 2800+ tethers strong

gotanproject: right now cashout is at 20% :(

azarashi: bought both in single orders

smtddr: don't forget people, if wex suddenly fixes this stuff... usdt will snap back to 1:1 ratio and you are ----dooomed----

gotanproject: their bots are already programmed for that

gotanproject: that is easy peasy

azarashi: there will be NO sudden fix

nak333: smtddr, +1

smtddr: as if getting into crypto wasn't risky enough on a normal exchange, if you're gonna gamble even harder... at least play with coins that have a chance of reaching the 3x price you see here now

smtddr: like buying LTC here at 79 isn't.... too unreasonable

azarashi: LTC will surpass $1K soon so why even worry

smtddr: heh, okay... well if that's true then that's great :D

Joltflame: LTC will perform a high around 400 dollars

azarashi: now our task is to make USDT surpass $10

smtddr: ^ don't participate in this

smtddr: :D

azarashi: hay it's totally profitable

smtddr: other coins at least have some speculation and market stuff... usdt's value is absoluteluy known to be... $1 each :D

azarashi: moreover you will have a nice and true story to tell your kids/grandkids

smtddr: o.o

azarashi: "how I bought/sold $1 coins for $10"

smtddr: or....

azarashi: make sure you screenshot

smtddr: "how your mother left me & why I'm in the homeless shelter"

smtddr: :D

azarashi: shrugs

smtddr: but I like your version better :)

azarashi: if she left so be it

smtddr: o.o

azarashi: t(._.t)

smtddr: :(

azarashi: I'm actually thinking of depositing USDTs and exchanging for LTCs. Will get x4 LTCs instantly

azarashi: whats not to like

azarashi: and when you ever get such chance again

MrFusion: it's not 4x I think

azarashi: x3.9 is fine too

MrFusion: you forget ltc price is way to high at wex

azarashi: yeah well fvck that

azarashi: we will laugh at this price in the next year or even sooner

MrFusion: so it's more like 2.7

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