Introduction to BZNX, Bizonex native token

Bizonex
Bizonex
Published in
2 min readApr 14, 2020

Bizonex is a new-generation exchange and not only ensures effective cryptocurrency trading but also provides seamless integration between digital assets and real economy sectors that are constantly growing and experiencing digitization processes. Integrated with global international services in a wide range of areas (such as eSim operators, e-commerce, IT area, travel business and many more), Bizonex drives the adoption of cryptocurrency into newer broad audiences, effectively linking the traditional services and innovative ones.

Today we are proud to introduce the native token of Bizonex exchange — Bizonex token (ticker: BZNX).

It will act as a core element of our loyalty program and community-integration tool as well. It will help our customers enjoy our services with discounts, special offers and actively participate in exchange-related events. A brief explanation of the BZNX token functions is presented below.

1. BZNX lowers your trading fees

Exchanges charge fees for trading — it is a core part of the classic exchange business model. However, for the majority of users, trading fees may notably affect the profits. That is why one of the BZNX token functions is to reduce trading fees. With BZNX token, you can easily save up to 50% of the exchange trading fee!

An example: Imagine, that your monthly trading volume is 10 BTC. If the trading fee is 0.2%, you will spend 0.02BTC as a commission for your trades. Using BZNX you can save 0.01BTC monthly, and 0.12BTC per year.

2. BZNX provides you access to premium exchange services

Initial exchange offering (IEO) participation bonuses

IEO swiftly gained momentum in the modern crypto world as a novel way of crowdfunding. As a recent trend and an effective crowdfunding tool, IEO opportunities are also presented at the Bizonex platform. We will present privileged terms of participation (including special bonuses and airdrops) for BZNX token holders.

Besides special conditions on IEO, we will offer special tariffs for access to our Staking-as-a-Service and Margin Lending products for BZNX token holders. The details will be published before the launch of these services.

Our vision for Bizonex development

Our general plans for Bizonex development include:

  1. Establishing the business model that includes effective cryptocurrency trading, integration with assets from global businesses of the real economy and adding services that correspond to current market needs as well
  2. Introducing Bizonex exchange services to the markets with wide usage of digital assets (e.g. Turkey, Russia) providing convenient crypto-fiat conversion opportunities

We will publish additional detailed materials regarding BZNX token soon.

Stay tuned!

Telegram Channel: https://t.me/bizonex_news
Telegram Chat (English): https://t.me/bizonex_eng
Telegram Chat (Russian): https://t-do.ru/bizonex_ru
Facebook: https://www.facebook.com/bizonex
Twitter: https://twitter.com/bizon_ex
Reddit: https://www.reddit.com/user/Bizonex

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Bizonex
Bizonex
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