Bitex Coin is the utility-token that connects the Bitex Ecosystem. It is based on the Ethereum Blockchain following ERC-20 standard. The total supply of the coin is limited to 1 Billion and shall be burned periodically. BTX is an exchange based coin and native currency of Bitex Cryptocurrency Exchange. BTX holders shall enjoy corresponding benefits of the whole Bitex ecosystem and get sub-token rewards, valuable promotion through sustained repurchase and destruction of tokens.
- 0% trade fees on BTX trading pairs
- Bounty Programs
- Trader competiiton rewards
- Staking rewards
- Exchange listing and investment rewards
- Promotion campaigns
- Pre-sale access to BTX at face value
- Token burning
- Investor returns
Use Cases of BTX:
- Trading: BTX can be traded for other cryptocurrencies on various exchanges, depending on the restrictions set by the exchange.
- Credit Card Payments: BTX can be the form of payment for crypto credit cards.
- Payment Processing: Merchants can offer BTX as a means of payment for customers, offering more flexibility in payment methods.
- Bookings: BTX can be used to book hotels and flights on select websites.
- Entertainment: From paying for virtual gifts to buying lottery tickets, BTX serves several purposes in the entertainment space.
- Investment: Several platforms will allow investors to invest in stocks, ETFs, and other assets using BTX.