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Cryptocurrency News Articles
Revolutionary Centralized Crypto Exchange Echo Officially Launches Worldwide
May 15, 2025 at 07:32 pm
Douglas, Isle of Man, May 15, 2025 (GLOBE NEWSWIRE) -- Echo, a revolutionary centralized crypto exchange, officially launched worldwide
Douglas, Isle of Man, May 15, 2025 (GLOBE NEWSWIRE) - Echo, a groundbreaking centralized crypto exchange, has officially launched its services worldwide on May 15. The event marks a historical highlight for the digital asset trading landscape as the platform starts hosting a public sale for the ECHO token on its website.
The team allocated 2% (20M) of the total supply of 1 billion ECHO tokens for this sale in an effort to accelerate the project’s development.
Enter the Ecosystem
Echo is a community-focused centralized cryptocurrency exchange (CEX) that stands out from the crowd with its unique user experience. The platform expands beyond the limitations of a regular exchange to build an ecosystem with numerous lucrative opportunities for its users.
Echo rewards active participants, whether beginners or professional traders, allowing users to benefit directly from the platform's growth. This innovative approach has enabled Echo to secure $2.5 million in support from strategic investors during the early funding rounds.
In the wake of Echo’s official launch, Sam Dorrer, Chief Executive Officer at Echo, remarked on the platform’s community-centric philosophy:
"Our mission is to create a cryptocurrency exchange that truly prioritizes its users. Echo is designed to be more than just a trading platform—it’s a dynamic ecosystem that fosters long-term engagement and participation."
Echo welcomes new and seasoned traders, dividing its services into two convenient platforms - EchoX and Echo Pro.
EchoX is the optimal choice for users taking their first steps in digital asset trading. It provides an intuitive dashboard with easily accessible navigation features and helpful tips for beginners.
Moreover, EchoX boasts deep liquidity and high-speed trade execution, further simplifying crypto trading for newcomers.
On the other hand, Echo Pro is more suitable for advanced and institutional traders, delivering an experience tailored to insightful users. This platform has a modular design and provides advanced trading tools, such as real-time analytics, market insights, and strategies, to help traders make better-informed decisions.
Both EchoX and Echo Pro users benefit from a minimal fee of only 0.1% per transaction.
The ECHO Token
At the heart of the Echo ecosystem lies the ECHO token, a real yield token built on Ethereum and featuring robust tokenomics. Most importantly, it has a fixed total supply of 1 billion tokens subject to a deflationary mechanism.
Notably, Echo allocates 10% of the daily revenue from EchoX and Echo Pro to be used for repurchasing ECHO tokens on the open market. These repurchased tokens will then be burned to increase scarcity and drive ECHO’s value in the long run.
Holding ECHO tokens gives users several perks:
- Fee discounts
- Access to premium trading tools
- Early access to new services
- Governance rights
Echo is also developing the Echo Foundation, a pool dedicated to funding growth, strategic partnerships, and other governance initiatives. ECHO token holders will have an important say in which projects receive funding through the Echo Foundation.
Rewards and Security
Another aspect that sets Echo apart from other centralized exchanges is its rewarding approach to users. For example, the platform distributes 50% of the fees generated as stablecoin (USDC) yield daily, ensuring the community is rewarded at the same pace as Echo’s growth.
Echo abides by the industry’s highest security standards, ensuring optimal protection for its users and their assets. Some of its maximum safety features include multi-layered encryption, biometric authentication, robust KYC/AML checks, and institutional-grade wallet infrastructure.
The Echo Roadmap
Echo’s official launch and the start of the ECHO token public sale complete the project's 1st development phase. The rapidly growing Echo community can now look forward to the following milestones on Echo's ambitious roadmap:
Phase 2
- The introduction of Echo Pro for advanced trading with cutting-edge tools.
- The expansion of yield generation models, the integration of trading bots, and additional digital asset services.
- Echo Elite's release is tied to Echo Pro and EchoX.
- An ECHO Token Initial Exchange Offering (IEO) and a USDC – Echo Trading Pair Launch.
- The establishment of the Echo Community Foundation.
- The Community Governance system for the platform
Phase 3
- Echo will expand into Real World Assets (RWAs) trading, leveraging tokenization to unlock traditional asset classes.
- Full integration of advanced protocols (e.g., peer-to-contract) to enhance collateralized borrowing and lending
- Netbank Rails that will enable seamless fiat-to-token conversions with integrated banking services
- Fractionalized Assets & Multi-Class Asset Choices, such as tokenizing commodities, stocks, and real estate
- Collateralized and decentralized lending and borrowing capabilities through the platform’s peer-to-contract protocol
- Offshore & Digitized Trust Structures will expand custody solutions via the Echo Elite framework.
- An Integrated
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