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Echo exchange, a new-gen centralized crypto exchange, goes live with advanced tech architecture. Echo exchange launches with daily gains through real yield generation, transaction fees as low as 0.1%, governance instruments and institutional trading tools.
Echo exchange kicks off to address major bottlenecks in crypto trading
Echo introduces itself as a cutting-edge centralized cryptocurrency exchange for Bitcoin (BTC) and mainstream altcoins. Echo launches to make digital asset trading more accessible and lucrative for everyone.
To this end, it provides users with clear and straightforward choices, depending on their skills: EchoX (for beginner traders) and Echo Pro (for expert traders). EchoX best suits newbie traders. The platform offers basic trading tools on a beginner-friendly dashboard that is easy to navigate even by the least tech-savvy users.
Echo Pro is better for traders familiar with institutional trading tools, high-volume trades and complex features. The platform allows them to dive right into the action without the training wheels available on EchoX. Depending on their current skills and knowledge, intermediate users will easily find their place on either or both EchoX and Echo Pro.
Also, the exchange opens its VIP tiers for sophisticated traders:
More importantly, Echo maintains an exclusive echelon of traders with the Echo Elite framework. If you qualify as an EchoElite trader - hold a minimum of $5000 worth of ECHO Tokens - you may benefit from tax advantages.
Echo operates as a designated business for convertible virtual currency (very similar to a VASP) under the regulatory framework of the Isle of Man Financial Services Authority.
Its partnership with the law firm Simcocks/JurisTrust allows it to offer Trust and Corporate Service Provision (TCSP) — a category that incorporates a PCC (Protected Cell Company). As a result, qualified EchoElite traders may benefit from 0% capital gains tax and 0% corporate tax for crypto investments.
ECHO token goes live on May 15: 20 million tokens allocated for public sale
ECHO cryptocurrency is a backbone of the exchange's economic design and the pivotal element of its community management and revenue model.
ECHO is a real yield token built on Ethereum (ETH) that allows owners to earn daily yield from the platform’s operations. Echo distributes 50% of the fees generated from EchoX and Echo Pro as stablecoin (USDC) yield to anyone holding ECHO tokens and willing to participate in yield generation.
The fixed supply of ECHO tokens is set at 1 billion ECHO. However, the platform has designed a deflationary mechanism that will cut that amount in half in the long run. Echo allocates 10% of the platform's daily revenue to buying ECHO tokens from the open market and destroying them permanently.
Holding ECHO tokens provides additional perks besides the appetizing yield generation option. The token comes with access to fee discounts, premium trading tools, governance rights and new services.
Echo encourages users to participate in the Community Foundation — a pool accruing 30% (300,000,000 ECHO) of all ECHO tokens. Here, token holders can directly influence the ecosystem’s growth by funding education initiatives, partnerships and community-voted proposals.
The ECHO token will officially launch on May 15, 2025, the same day as Echo’s global launch. The 20 million ECHO tokens allocated for this event will be available only via Echo's official platform.
By the end of 2025, the exchange with its toolset of income generation instruments, integrate new trading bots and additional services, expand the accessibility of ECHO via its IEO for USDT and USDC holders, and launch Echo Community Foundation.
In 2026, the exchange will be focused on releasing an RWA tokenization platform, integration with neobanks and Visa payments systems, introducing a native launchpad and decentralized security offerings.
Vladislav Sopov
Dan Burgin