DX.Exchange adds ShareRing to crypto index

Blockchain-powered marketplace startup, ShareRing, the brainchild of former executives at car-sharing platform Keaz, is making its debut on DX.Exchange.

This is the first live trading platform that the venture has listed on. Its utility token, ShareToken (SHR), will be listed on the exchange which launched in January, based on NASDAQ infrastructure, and allows institutions and individuals to purchase cryptocurrencies with fiat, trade cryptocurrencies and convert crypto back to fiat: Bitcoin, Ethereum, XRP, Bitcoin Cash, EOS and Litecoin with the US Dollar, the Euro and Japanese Yen.

ShareRing will run two competitions as part of its listing:

1. Airdrop: this will run through DX.Exchange for three weeks after being live and includes 10 million tokens to DX’s top 25k cash token holders;

2. Masternode giveaway: this will run until the 30th April and involves the giveaway of a masternode, fully loaded with tokens ($40k). For every day the holder keeps their tokens, they receive one entry into the competition. If they hold for the whole 40 days, they receive 40 entries. Should they sell tokens, they restart and are back to 0. The winner is the holder who has the most amount of entries on the last day.

Co-founder and CEO of ShareRing, Tim Bos, says: “We are thrilled to be working with an exchange that takes a serious approach to regulations and advanced trading features, and are confident in the potential of DX.Exchange to become a top five exchange.”

“ShareRing’s token, backed by their blockchain powered marketplace for the $300 billion sharing and rental economies, is a great addition to our crypto index,” comments Daniel Skowronski, CEO of DX.Exchange. “We will only list tokens that we believe in on our exchange, and we are happy to add SHR that shows such great promise.”