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KuCoin Lists Elixir (ELIX) on December 6th

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KuCoin is proud to announce another high-quality will be made available on our platform. On December 6 2017 Elixir (ELIX) will join our list of tradable tokens.

KuCoin traders will have access to ELIX/BTC and ELIX/ETH trading pairs upon listing.

Users can start depositing and trading ELIX on KuCoin December 6, 2017 at 20:00 (UTC +8).

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About Elixir:

Elix is a base token for a lending service that will analyze financial transactions and reward borrowers for paying off loan installments on time. In addition, the lending service will eliminate the need to pay for brokers.

These incentives and automatic recourse will give the lending system an advantage over both fiat currencies and other virtual currencies. In the long term, this financial service will form the backbone of an artificial intelligence engine capable of motivating consumers to make sound financial decisions.

Elixir is mined through transfers between pairs of addresses. In the lending service, these pairs of addresses will correspond to parties completing financial agreements.

The team has already begun building a social lending application that will decentralize lending using incentive driven payments.

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