BTCNEXT is proud to announce its own internal utility coin called BTCNEXT COIN, with BNX as the symbol. BNX runs on Ethereum chain but eventually will be running on its own BTCNEXT chain. BNX coin is established with a total supply of million 500 coins. Every quarter management will destroy BNX from the entire BNX circulation, to make BNX more exclusive among all members. In addition, Management will repurchase every day some BNX coins, using profits from the trading volume on our platform. By doing all of these actions, BTCNEXT eventually will destroy million 250 BNX, leaving million 250 BNX remaining.
The BNX coin itself has multiple forms of utility, essentially being the underlying gas that powers the BTCNEXT Ecosystem. The current most prominent use cases include using BNX to:
Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades;
BTCNEXT Academy will offer you a wide range of Blockchain courses that you can buy with your BNX coins;
Use your BNX to participate in many different Lottery events and Trading competitions;
Use your BNX to participate in some unique IEO campaigns with only the best projects from the industry;
By holding BNX you will take part in many Airdrop campaigns, and you will get free coins deposited to your accounts (as per BNX amount on your accounts);
BNX will allow you to buy tickets to some exclusive conferences and blockchain events as well as private meetups with Industry leaders;
|Basic token info|
BNX Value & The Burn:
You can use BNX to pay for any fees on BTCNEXT platform, including but not limited to: Exchange fees, Listing fees, and any other fee. When you use BNX to pay for fees, you will receive a significant discount up to 50%.
Every quarter, we will destroy BNX based on the trading volume on our platform until we destroy 50% of all the BNX. BTCNEXT eventually will destroy 250million BNX, leaving 250million BNX remaining.