Bitlio has issued a digital token labeled IGX to record each customer’s existing balance on igot.
The IGX Token will be issued in exchange for igot balances, and will be 100% redeemable on Bitlio.
The IGX Token is pegged at $1 USD.
1 IGX = $1.00 USD
The IGX Token will be available to redeem for USD or bitcoin (BTC) at Bitlio’s sole discretion.
Bitlio intends to redeem IGX Tokens from igot customers on a pro rata basis. All IGX Token holders will be notified by email when redemption is available.
Funds redeemed will be credited to your USD wallet on your Bitlio account. If you do not have a USD wallet, it will be created automatically. Funds redeemed are available in your wallet to withdraw, or use on Bitlio for any of the services listed below.
- Instant Buy & Sell
- One Click Buy & Sell
- Bill Payments
- International Transfers