IronFX and IronX Welcome PumaPay
IronFX Group, the global leader in online trading, has announced today that it has added the PumaPay token (PMA) as a funding (deposit and withdrawal) instrument as well as a base currency for trading on the IronFX platform.
The PMA token will also be available on IronX, a highly regulated cryptocurrency exchange that is a joint venture between IronFX and EmurgoHK (Cardano). The listing on IronFX and IronX, provides a large boost to the PMA ecosystem as it will allow traders worldwide to fund and trade their accounts in PMA tokens. This could potentially increase the usability of the PMA token: placing it among the mainstream trading assets.
With this decision, IronFX further expands its portfolio of trading assets and funding methods offered to their global client base, while the PMA token makes an entrance to one of the world’s leading currency trading brands. With 10 platforms trading over 200 instruments in forex, spot metals and CFDs on stocks, futures, indices, and commodities, IronFX serves retail and institutional customers from over 180 countries in Europe, Asia, the Middle East, Africa and Latin America.
Additionally, the PMA will be listed on the IronX Exchange, which is expected to launch by the end of December. IronX will operate as a regulated, service-focused exchange, creating a highly efficient trading ecosystem that facilitates funding via both fiat and crypto. At the same time, IronX gets the opportunity to list another successful coin on its regulated exchange. The PMA will be traded on IronX next to the ADA coin, the ninth-largest coin in the world by market cap, the IRX token, IronX’s own token as well as other major Coins such as the BTC, ETH, XRP, and EOS.
PumaPay welcomes the decision of IronX to list the PMA token, as the new platform shapes up to be a top-tier regulated and highly reputable cryptocurrency exchange. IronX has also announced that following its successful Private Sale of IRX tokens, where more than 22 million USD has been raised, it will hold its Initial Coin Offering (ICO) on November 1st.
Markos A. Kashiouris, Chairman & CEO of IronFX Group and Founder & Chairman of IronX, commented: ‘As global forward-thinking brands, IronFX and IronX are always on the lookout for new fintech solutions and opportunities in the payment space. We have been actively following the latest developments in the blockchain and crypto projects. In this respect, PumaPay has attracted our attention with its innovative technical approach that enables flexibility of billing scenarios that we can potentially offer to our clients. As the PMA token is an important component of the PumaPay ecosystem, we are excited to bring it as a funding and trading instrument to both our traditional margin trading and Crypto platforms’.
Yoav Dror, PumaPay CEO, commented: ‘Since its inception, PumaPay has been putting a great value in building a strong ecosystem and enabling the accessibility of our unique technology. As IronFX and IronX have chosen to join us as Early Adopters, we increase the usability of the PMA, while enabling the customers of these world-leading trading platforms to enjoy the benefits of using the PumaPay solution. It is an honour to have IronFX and IronX among our early adopters, and we are looking forward to the technical implementation of these plans. PumaPay is looking into developing unique solutions for currency exchanges, and we are excited to be sharing these ideas with the forex industry’.