Kataryna Kovtun April 8, 2020
BXMI token trading with USDT is available on Bitxmi.
The Bitxmi cryptocurrency exchange has launched the release of its own Bxmi tokens. It is available for purchase and trading on our exchange paired with USDT. At this stage, 70 million tokens were issued, 50 of which have already been sold.
The experience of issuing own tokens using the example of BNB coin
Binance Coin is an Ethereum-based token that allows you to receive discounts on services of the Binance platform.
BNB Coin is an internal cryptocurrency of a centralized exchange, so all coins were issued by pre-mine. Its number was 200 million. The organizers decided to distribute the coins as follows:
- 50% to ICO participants;
- 40% — “reserved” for the company;
- 10% to investors in venture capital funds.
At the Binance Coin ICO, a Binance Coin price of $ 0.1 for 1 BNB was set. In January 2018, Binance Coin experienced a crazy “jump” when in just 12 days the price of Binance Coin was from $ 7.86 to $ 24.91. The maximum price of the currency was $ 43. Currently, the Binance Coin cryptocurrency is on the 9th line of the CoinMarketCap site rating and is trading at a price of about $ 15.
The price of Binance Coin over the past year is as follows:
In addition, recently launched projects (the Binance Chain test network and the ICO platform called Binance Launchpad) have further strengthened user confidence. All this positively affects not only the reputation of Binance as an exchange but also the growth in the value of Binance Coin.
However, do not forget about one unpleasant moment — about 40% of all coins are in the hands of Binance. And if we take into account the fact that the team “burns” BNB tokens on a quarterly basis, then the above percentage of cryptocurrency concentration in one hand increases. And this can lead to negative consequences if the founders decide to use their “reserves” in order to manipulate the course.
BitXmi token supply
The total supply will be 210.000.000 BXMI according to the ERC20 standard. The starting price of the token is 0.1 USD.
The token sale will be divided for 2 stages with the 3 rounds each.
At these stages, users will have the ability to receive bonus tokens. Bonus will depend on the number of purchased tokens:
- from 10 000 BXMI to 99 999 BXMI — 20% bonus;
- from 100 000 BXMI and up — 50% bonus.
With each subsequent round, the price of BXMI tokens will increase.
BXMI is a utility token, which will allow it’s very first owners to receive the part of the BitXmi income and other benefits. For example, you can pay a commission for trading operations and withdrawing funds with BitXmi tokens. The main token growth driver will be the attracting active users to the BitXmi exchange, which will allow increasing exchange daily volume and income.
Share your referral link to BitXmi. It is located in your account settings.
Scroll down the page and see the line “My invitation code”. Click “View”.
You will see your own QR-code, which another user can use to instantly register on BitXmi.
Visit Bitxmi right now and buy BXMI tokens at the best price.
Join Bitxmi Exchange and get $10 worth of 100 BXMI tokens after your first trade
Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi’s role is to inform the cryptocurrency and blockchain community about what’s going on in this space. Please do your own due diligence before making any investment. Bitxmi News won’t be responsible for any loss of funds.