Looks like KuCoin added a new, solid token to their trading site...Elastos ELA. KuCoin will now support ELA/BTC and ELA/ETH trading pairs. Here is the official KuCoin schedule:
Elastos (ELA) Deposits Effective Immediately
Elastos (ELA) Buying order: 17:30 July 18, 2018 (UTC+8)
Elastos (ELA) Selling order: 18:00 July 18, 2018 (UTC+8)
Elastos (ELA) Withdrawal: 18:00 July 20, 2018 (UTC+8)
Previously, ELA was hard to purchase. It was not on many exchanges. The majority of ELA trading was on Huobi, which is a Hong Kong exchange that is not allowed to US investors. This made it very difficult for US investors to get their hands on ELA, so this KuCoin new is exciting for US investors. There are rumors that ELA will also be listing on multiple exchanges in the near future (6-7 possibly). This will increase liquidity and exposure of ELA to more investors in the crypto space. ELA is also going to be having some airdrops in August for holder of ELA. The price of ELA took a bit of a hit in the last few months, so the price now looks tempting to get into in my opinion (not financial advice).
Elastos (ELA) Introduction:
"Elastos is the safe and reliable internet of the future. Built utilizing the blockchain, this technological breakthrough provides the first completely safe environment on the web where decentralized applications are detached from the internet while also permitting full scalability to millions of users. Elastos enables the generation of wealth through ownership and exchange of your data and digital assets. Welcome to the new Smart Web, where safety and economic distribution can flourish on the internet."
Please share your thoughts on Elastos. I personally am excited about this one. This project has been in the works since the mid 2000's, but the technology wasn't ready to implement. Now thanks to Blockchain technology, ELA can finally start to come to fruition. I personally will be purchasing this one. How about you? Thanks for stopping by.
https://news.kucoin.com/en/elastos-ela-gets-listed-on-kucoin/
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Its amazing right! They even have promotions...
Yep! And more exchanges to come for ELA
Awesome update time to grab some and hold for long : )
Yes, finally! :) I noticed it too, and went and bought me some ELA finally. Been waiting for months on this opportunity, and it's cheap now too!
I know we have been in a bear market, but I’m surprised ELA is dropping in price. Airdrops and New exchanges in the near future, plus a solid concept. I guess it’s more of a long term hold
I read something about a recent FUD campaign regarding the token distribution. Very few are in circulation currently, and something is about to happen in August (maybe tokens get unlocked or something - I forgot). That may have something to do with it.
And of course, all the alts are kind of going down right now
Yea, it looks like early investors got ELA for pennies on the dollar. I think people are afraid they are going to dump once they receive their ELA. I think 66% have been distributed so far to early investors.
This is really a great news! and I just heard that Kucoin have a listing reward promotion with Elastos, I already signed up here and waiting for my btc rewards hopefully
This post has received a 6.74 % upvote from @booster thanks to: @pbgreenpoint.
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Upvoted !!