EVX Token Sale FAQ

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Why should I participate in Everex crowdsale event?

Everex builds the first transparent microfinance platform based on fiat pegged, fully reserved stable coin Ethereum smart contracts. We offer cross-border (micro)lending, remittances, merchant payments and currency exchange, targeting over 750M underbanked population in South East Asia and then to 2B globally. Our customers include migrant workers, SMEs, tourists and non-profit orgs. On B2B side we offer technology licensing and blockchain consulting.

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What is EVX and what am I getting from buying it?

EVX is the Everex CROWDSALE token to raise funds, bring returns to investors, and to further develop business and marketing. Funds will be spent on building technology and business infrastructure for cross-border microlending, remittances, p2p payments, and currency exchange, along with licensing blockchain payment technology to financial institutions. EVX token gives the right to receive up to 20% profits to investors by quarterly buybacks.

In addition investors may use EVX token as collateral to receive low interest loan in any available cryptocash currency of their choice by sending EVX tokens to EVXLEND smart contract. Once received, smart contract will send cryptocash to the borrower and keep EVX in escrow wallet. In case of loan default, token collateral will be sold on a market and profit assign to the next buy back event.

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What will I need in order to participate in the crowdsale?

You will need to sign up for the dashboard account at tokensale.everex.io in order to participate in the event.

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Where can I purchase ETH or BTC?

There are many exchanges that sell Ethereum and Bitcoin for fiat or cryptocurrency, these include: Coinbase, Poloniex, Kraken, Bitstamp, Bitfinex, Bittrex, Cex.io

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Is there a minimum or maximum of tokens I can buy?

Min. BTC 0.04, Min. ETH 0.4
Sending smaller amount will result in a permanent loss of your funds.
Each participant will be allowed to make multiple buy-ins during crowdsale.

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How can I make a purchase in cryptocurrency?

Please select a cryptocurrency in Crowdfunding Dashboard (ETH or BTC).Once you click “Deposit” and the order is created, you will see a unique address where you need to send the coins to. You can either enter the payment address and amount to your wallet or scan the QR code. Please set up enough fee to have your transfer confirmed in time.

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How will I know if my purchase was successful?

After sending funds, you’ll be able to see your balance in Crowdfunding Dashboard (6 confirmations for BTC, 60 for ETH).

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Which ETH-wallets can I use?

MyEtherWallet (no download needed), Mist (Desktop), Parity (Desktop), imToken (iPhone), imToken (Android).
You can send from exchanges: Coinbase, Poloniex, Kraken, Bitstamp, Bitfinex, Bitrexx, Cex.io, Exodus.
But for token withdrawals you must use ERC20 wallet only!

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When I can withdraw EVX tokens?

After tokensale is over in about 3 weeks. As we will need to calculate all funds received, accruise bonuses, answer all claims, do refunds, and test the smart contract. Please allow us some time to do it correctly.

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What will I need in order to participate in the crowdsale?

You will need to sign up for the dashboard account at tks.everex.io in order to participate in the event.

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Where do I find withdrawal instructions?

It will be posted in the dashboard.

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When the token sale is completed, where the funds are stored?

We use the standard Ethereum multi-signature wallet to store the ETH paid for the EVX.

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Why is my transaction ‘pending’?

Bitcoin and Ethereum transactions need to be confirmed by miners. Once confirmed, your Crowdfunding Dashboard will be updated to reflect this.

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If I lose my Crowdfunding dashboard password, does that mean I lose all my EVX tokens?

No, you can recover your password, by using the “Forgot Password” option.

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What is an escrow and does the Fundraising event have an escrow?

Escrows are neutral third party/parties who hold and regulates transaction of funds between two parties. This Fundraiser does not have an escrow. All transactions are on recorded on blockchain and exchanges.

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Can I buy EVX tokens with fiat currency ($, £, €, …)?

EVX tokens can be exchanged only for other cryptocurrencies.

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Where and how to store EVX tokens?

EVX tokens must be stored on an Ethereum wallet, which supports ERC20 compliant tokens, such as MyEtherWallet or Mist.

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How can I make money with EVX?

In a few ways. First, you can trade it on the cryptocurrency exchanges once EVX is listed there. Second, Everex will buy them back once per quarter at market price as a way to share our business success with our backers. We want to prove that real businesses not only can be built on blockchain, but also be profitable. In addition, you can borrow crypto cash to your Everex wallet at a very low rates putting your EVX as collateral to secure your loan. Everex is confident in the value of EVX so we will gladly lend you crypto cash for our token.

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How do I know my tokens are secure?

In order to make sure that your Tokens remain safe, we encourage investors to use the two-factor authentication (2FA).

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My token receiving address does not support ERC20 and I do not have the private key?

You must contact us before the distribution ends. Please send us transaction id, email, and your name.

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Are residents of certain countries excluded from participation in Everex crowdsale?

Due to existing regulations we are unable to accept participation from citizens and residents of United States and Singapore.