Non-Zero Partners with CoinHub to List its NZO Tokens

Non-Zero, a blockchain startup, announced today that it has partnered with CoinHub, a digital currency exchange hub. The Singapore-based exchange is the first to be named by Non-Zero as one of its primary venues where its NZO tokens can be bought and sold.

NZO tokens will be available to trade on CoinHub from December 1, 2018. The blockchain startup also has plans to list its tokens on further cryptocurrency exchanges. In fact, the company has a list of preferred exchanges it wants to list its NZO tokens on.

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The NZO token

For those who aren’t aware, Non-Zero’s tokens aim to create a new ecosystem for both traders and retail forex and contracts for difference (CFDs) brokers. Specifically, traders can receive part of their losses back as tokens, if the broker booked warehousing revenues on their traders.

As can be expected this will not only increase the loyalty of traders to brokers, it will also give clients confidence that the broker has their best interests at heart. In a post-ESMA (European Securities and Markets Authority) regulatory world, above all else, the tokens aim to increase transparency, the statement said.

Hadi Kabalan
Source: LinkedIn

Commenting on the exchange listing, the CEO of Non-Zero Hadi Kabalan said: “we are very pleased to select CoinHub as a preferred crypto exchange as we have been very impressed with their commitment to client security and user experience and believe they will be a great option for users of the Non-Zero platform to exchange their tokens.

“We believe that the addition of CoinHub to our list of preferred exchanges underlines commitment to launch our product in a timely manner and begin an era of transformation for the retail brokerage industry.”

Nuri Fattah, the CTO and Co-Founder of CoinHub added: “we are delighted to be listing the Non-Zero NZO token worldwide. The platform has successfully passed our detailed vetting procedures. We will also be allowing our customers to sign up to the token offering on our exchange.”