Exchange Updates: IEO Round 2 and BFX listing
After the raging success of the first round of the BFX IEO on ProBit Exchange, with the entire round’s tokens selling out in just 90 seconds, we are ready for round 2, starting 30th August 2019 at 6 AM GMT!
We are also very excited to share that the project will soon cross one of its biggest milestones, with BFX getting exchange listed next month! BFX listing on ProBit is now confirmed for September 30th, 2019 at 0800 GMT (1700 KST). BFX trading on ProBit will start with 2 listing pairs, BFX/BTC and BFX/KRW. Going forward, more trading pairs will be made available.
The Bitfex exchange is getting close to going live and a launch date will soon be made announced.
About BFX
BFX is an ERC20 token that powers IDAP Ecosystem’s exchange, Bitfex. The tokenomics of BFX have been designed to transfer maximum value from the business to the token holders.
There are several benefits of holding BFX:
- For Retail Traders: HODL a minimum number of BFX and get rewarded with Zero-Fee Trading
- For Institutional Clients: HODL BFX and get rewarded with Free Master Account
- USE BFX to pay trading fees and get 50% discount
- HODL BFX and get free access to the desktop trading application
- HODL BFX and get early access to various exchange events, referral programs and more
BFX additional features:
- Dis-inflationary in nature: BFX equivalent to 20% of revenue will be burnt till supply reaches 500 million BFX
- BFX priced at a minimum of $0.03 while calculating trading fees
Benefits for IEO Participants
- BUY & HODL 100,000 BFX and get commission-free trading
- 42% Bonus for participants buying using PROB
- 40% Bonus for participants buying using USDT, BTC, ETH or XRP
About IDAP
IDAP is the first complete crypto derivatives ecosystem, whose exchange Bitfex will go live on bitfex.com, introducing users to low-risk trading instruments like crypto spreads and butterfly, along with a highly advanced desktop trading platform that sports the revolutionary point-and-click ladder trading interface. Through its institutional grade infrastructure, diverse product line and trader-friendly platform features, the IDAP ecosystem will attract traders and investors of all kinds to its exchange.
About ProBit
ProBit is a global exchange that offers fast and reliable trading engine and hardware security keys that match more than 1. 5 million orders per second and only provides the users with promising, qualified, and worthy investment cryptocurrency projects.
ProBit recently established the Korean branch to support KRW transaction.
ProBit Global: www.probit.com
ProBit Korea: www.probit.kr
