The Borneo Post

EBO, world’s first fixed-trading price cryptocurr­ency

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KUALA LUMPUR: Easybook Coin ( EBO) is the first fixed-trading price cryptocurr­ency in the market by marking trading price to hit 2x in value by first year-end, and 4x by second yearend.

According to a statement, the EBO price will fluctuate from the third year onwards.

Marking the price is aimed at protecting all customers/ purchasers from monetary losses after acquiring EBO. Starting from the third year, EBO will be listed across to other trading platforms. The developmen­t of EBO has taken business utilisatio­n into considerat­ion, by allowing the purchase of transporta­tion tickets with EBO.

Once the initial pool of EBO users or buyers is achieving the targeted volume after two years, the company will prepare the cross-listing of the coin in other exchange platforms aiming for substantia­l institutio­nal investors.

Around June, EBO was launched by Easybook from Brunei to online customers in Asean. Within three months, nearly half a million USD worth of EBO coins were sold.

EBO is being traded in https://ebo.easybook.com and usable in Easybook.com, the largest land and sea ticketing platform in Asean, focusing on the longdistan­ce express bus, ferry and train tickets.

 ??  ?? The company’s adequate operating performanc­e is supported by a five-year average return-on-equity ratio of 8.4 per cent.
The company’s adequate operating performanc­e is supported by a five-year average return-on-equity ratio of 8.4 per cent.

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