What Is BINEX.TRADE?
Binex is said to be the only cryptocurrency exchange that shares as much as 70% of trade commissions with token holders and with the exchange platform you can earn money in a multitude of ways.
How BINEX.TRADE Cryptocurrency Coin Exchange Works
Binex Trade is a cryptocurrency exchange that enables users the ability to trade a multitude of different currencies, and it is all done against the USDT, BTC and homegrown or native token the BEX. It’s a unique platform that because the platform shares 70% of the commissions earned on the trading pairs with the owners of the tokens, and that the redistribution is performed on a daily basis.
The economics of the token are simple. BEX is based on an ERC20 Standard Token that gives the owner the 70% trade fee collected by the Binex.Trade exchange platform. And, after a total of 21 million BEX where created, 1 million of them were distributed among the founders and advisers. The rest are ready to be given to participants willing to invest into the platform.
There are a couple ways to make money with the platform, the first of which is the margin trading. And this opens a gateway designed for lenders and traders who want to get the maximum number of trading processes at one time. It also gives users the chance to leverage their investments 2-3 times higher than typically seen on other platforms. And the lending amount is split up in two ways, either the borrower gets the amount needed or the system takes out funds needed for the transfer. And, it is decided by which way is the most efficient one for the user.
That is just one example of the different types of trading that occurs on the platform. There is also multi-pair currency trading and tight security on the platform. Binex.Trade is said to be the best platform on the market and you can see the company roadmap on the website at Binex.Trade.
