BtcEx (BXC)Token -Providing Utility to a New Age Exchange Ecosystem
BtcEX is all set to launch its own utility token called BXC or BtcEx Coin. The token will be live for trading as soon as the exchange goes live. Now, there might be a lot of questions around BXC coin, we will address a few in this article.
What is a BXC Token?
BXC is a utility token integrated within the ecosystem of BtcEX. The current version of BXC will be based on the Ethereum blockchain with plans of main net implementation in the future.
A total of 50 Million BXC tokens have been minted as can be seen in the smart contract. There will be no ICO and according to a fair distribution policy, the tokens will be distributed based on the user activity on the exchange over a period of time.
As an inaugural offer, we are offering everyone who signs-up on the platform 50 BXC tokens. There are other ways you can earn them too!
Another way to earn some BTC is through the “Bug-Bounty” program that BtcEX is going to announce soon. This is where if you find a bug in the interface, transfer, withdrawal, transaction, or anything related to the BtcEX platform, you will be rewarded with 50 BXC tokens.
And then there’s the Referral scheme. If you refer a user on the platform, you and the referral both will receive 50 BXC tokens each.
Note — The referee will receive their 50 tokens only if the referred person has completed their KYC and has completed one trade on the platform.
And finally, you can get more BXC tokens if you continue to generate more volume on the platform.
Can You List Some Benefits of BXC Tokens?
Yes, in fact, there are a number of benefits you get to enjoy if you add BXC to your portfolio.
- Largest BXC Holders will have voting rights on the decision of the exchange.
2. BXC Holders will be eligible to get access to exclusive new features and IEO listings.
3. Also, there will be many surprise rewards and airdrops in the future whose access will be given to BXC holders automatically.
4. You can also pay the exchange trading fee using BXC coins.
5. BXC coins can be used to make secure P2P payments transfers without any hiccups.
6. More exchange features like Margin trading and SIP plans are going to be announced soon. BXC token holders will have an early mover advantage.
About BtcEX
BtcEX is a cryptocurrency exchange where you can buy, sell, or trade digital assets like cryptocurrency. BtcEX is all set to re-launch in India. Originally launched in Hong Kong in 2017, the exchange is shifting its base of operation to India amidst the growing unrest in the Hong Kong region caused by China.
It is a platform that provides a secure, stable, and liquid banking solutions enabling safe and secure trading and quick withdrawal facilities.
Start trading in cryptocurrencies with BtcEX — Click here. And avail the maximum benefits from their latest offers.
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You may also read our whitepaper for further details.
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