South Korean stock exchange ProBit held IEO in five seconds

The ProBit marketplace conducted a lightning-fast initial exchange offer ( IEO ) of the LINIX project.

After round the linux IEO's insane 5 second sellout, ProBit Exchange is announcing the sales round of March 16 12PM KST!

The available quantity has also been upped to 5.5 million LNX

Price: $ 0.02 / LNX. https://t.co/ZaVsfadXkZ pic.twitter.com/BNdKYdoHFx

– ProBit Exchange (Official) (@ProBit_Exchange) 15 March, 2019 p.

In just five seconds after the start of IEO, investors bought out all LINIX project tokens (2,625,000 LNX) at a price of $ 0.02. After that, the South Korean stock exchange announced the second stage of a tokensail, during which the organizers planned to sell 5,500,000 LNX at the same price. Cryptocurrencies Bitcoin, Ethereum, XRP, Steablcoin USDT and ProBit (PROB) exchange token are accepted.

Shortly after the successful new type of ProckenSale, ProBit announced several more IEOs planned for the coming days:

The Steemhunt IEO starting date has been changed to 3/22!

HUNT during the event:
Finish as one of the purchasers, claim up to 50,000 HUNT
Be one of the first 30 users to purchases $ 300 worth of HUNT, claim 5,000 HUNT https://t.co/HvZJuqLCm5 pic.twitter.com/hnOSbVStzp

– ProBit Exchange (Official) (@ProBit_Exchange) 18 March, 2019 p.

Announcing another slew of giveaways during the CharS IEO on March 20!

Compete among the top purchasers to claim S10, Shinsegae gift cards, as well as bonus CHARS! Finish as the top purchaser or the 19th purchaser in line to score an S10! https://t.co/xzLUTtmvLa

– ProBit Exchange (Official) (@ProBit_Exchange) 18 March, 2019 p.

It can be hard to keep track!

ProBit Exchange will hold the Publish Protocol IEO on March 26th for $ 0.01 / NEWS.
Get more NEWS with a 15% PROB bonus, 10% for other currencies, along with a 1% referral bonus. https://t.co/MvVg1Zrp1k

– ProBit Exchange (Official) (@ProBit_Exchange) 18 March, 2019 p.

It is noteworthy that the primary offers of coins (ICO) have been banned in South Korea since 2017. Thus, local exchanges view IEO as a kind of alternative to familiar tokensalem, allowing you to bypass regulatory restrictions.

Note that the most popular IEO platform today is the Binance Launchpad . Soon on this platform will take place the tokenail project Celer Network .

Recall that launching your own platforms for IEO was also announced by Bittrex and OKEx .

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