February 25, 2020 – London, UK
MercuriEx, a cryptocurrency exchange initially developed by Fusiontree LLC, a USA-based company, has been purchased by SurfTheWeb Ltd, a UK-based company, at the end of 2019.
MercuriEx has been operational since 2017 and SurfTheWeb Ltd. has some exciting plans for the future of the established exchange, including:
- Re-branding to SurfEx
- A new exchange utility token called SurfExUtilityToken (SURF)
- Expanding operations to a global user-base with new and improved markets
- Plans for fiat/crypto gateways and markets
- Reduced trade fees and much more
To kick off the launch of SURF token, SurfTheWeb Ltd. is partnering with Altcoin Fantasy by sponsoring a fantasy trading competition from February 25, 2020 to March 10, 2020 to help more people gain awareness of MercuriEx. The competition is free to join and open to traders of all skill levels. Participants start with a fantasy portfolio of $10,000 USD and try to make the most gains in their portfolio by the end of the competition in a simulated environment. The top 75 players will win part of the $2,500 USD prize pool.
In addition to sponsoring a trading competition, SurfTheWeb is holding a limited initial public token offering for SURF token, available directly on the MercuriEx.com exchange, with a BTC/SURF trading pair.
With just 5 million SURF available for sale in this early round, there are plans for a larger future coin sale after more marketing, user-engagement and community building has been achieved. To make it even easier for traders, trading fees are set to 0% until the end of March 2020 on the exchange.
For a more detailed look at SurfTheWeb Ltd.’s plans for the future of the exchange,