BBD Token Analysis
Blockchain Board of Derivatives launched their decentralised perpetual and futures trading platform at 3rd of August 2018.
Once the exchange goes live it will be possible to purchase BBD tokens solely on the BBOD exchange. Below are a few advantages you can expect from participating in the purchase of BBD tokens.
Exchange Token Price Potential
Based on analysis of the key metrics of other exchange tokens, shown in the following table, it can be seen that BBD could potentially trade at much higher prices than when tokens are initially offered to customers on the platform. For instance, Binance (BNB) coin has increased by an outrageous 12 243% since it was launched, an opportunity that most individuals missed. Even on the lower end of the spectrum, BridgeCoin (BCO) and KuCoin Shares (KCS) have still provided excellent returns for those who got on board when the exchange opened. BBOD could be the next big opportunity, it is the first token to ever be created by a decentralised trading platform with leverage that allows users to control the custody of their own funds. Be sure not to miss out!
BBD Token Discount
When individuals use BBD to pay for trading fees they can expect up to 20% discount on taker fees. This allows for incredibly cheap transactions as a result of the standard rate fees being low themselves. The total discount received for utilising BBD tokens to pay for trading fees is dependant on the cumulative trading volume over a 30 day period, ranging from 7.5–20%. The more you use the platform the greater the discount. Additionally, unlike on any of trading platform, makers will always receive a rebate for their part in the transaction!
As you can see, with a great potential for a price increase and excellent trading fee discounts for utilising the token on the platform, the BBD token is a great opportunity for those who believe in the project long-term or are looking to get the most out of the BBOD trading platform. Be sure to purchase these tokens whilst they are still cheap!