CoinUp will launch the new platform ecological token CPX Genesis IEO and open spot trading on June 9

The cryptocurrency trading platform CoinUp announced the upcoming launch of its new ecological token CPX's genesis IEO event, which will replace the original platform token CP as the next-generation core token. It is reported that this IEO innovatively adopts the "no-loss subscription" and "sunshine distribution" mechanisms, where the funds used for subscription by users will be fully refunded automatically after the event ends; if the total subscription amount exceeds the target, the system will proportionally allocate CPX quotas to all eligible participants.
According to the official schedule, this IEO subscription will be open from June 8, 12:00 PM to June 9, 2:00 PM Beijing time, with settlement and distribution completed between June 9, 2:00 PM and 4:00 PM, and official trading will launch at 8:00 PM Beijing time on June 9.