VIP status allows customers to trade on the Loopex platform for free. To obtain the status, the user must have 400,000 XLP or more on his exchange account.
One more way for obtaining VIP status, is to purchase at least 30,000 XLP ($ 195) during the ICO stage. ICO investors will retain VIP status until January 1, 2020. It is important to know that if the ICO Investor gets VIP status and then sells purchased tokens, in the future, he will have opportunity to restore status by filling his Loopex account with up to 30,000 XLP instead of 400,000 XLP tokens.