Token details of Protocol X

ashik17 (38)in #accessible • 3 years ago

>Know about Protocol X:

Protocol X, which is based on the Binance Smart Chain technology, is a decentralized cryptocurrency trading protocol and derivatives platform that works on the Ethereum blockchain and is based on the Ethereum blockchain. It is currently being used for beta testing. To help you get started with NFTs, a rudimentary NFT Marketplace will be made accessible on the Ethereum blockchain. From there, you'll be able to create, transmit, and exchange NFTs with others.

>About the token purchase:

At the present moment, the only way to get PX Tokens is to participate in the Token Sale, which is now taking place. In order to complete the transaction, you must first click on the "Buy Tokens" link, which will take you to Bounce, where you must connect your Metamask wallet and make a purchase using BNB in order to complete the transaction.

>What is the PX Token?:

When it comes to X's native token, the letter PX is used to represent it. PX is an acronym for Protocol X in the English language. Users will have access to all of the basic Protocol X capabilities, including staking, the Launchpad, the NFT Starter, fees, and a plethora of other features, among other things, by using this token, which is based on the BEP20 standard.

>Selling and buying of PX Token

Currently, the only way to acquire PX Tokens is to participate in the Token Sale. You must first click on the "Buy Tokens" link, which will take you to Bounce, where you must connect your Metamask wallet and buy using BNB in order to complete the transaction. Following our listing on PancakeSwap on March 16, 2022, at 18:00 UTC, you will be able to sell your PX Tokens immediately following the listing.

>Tokenomics and Token details

-The total supply of tokens is 100,000,000 PX (BSCScan)

-For a period of 12 months, 50 percent of the entire supply is locked in.

-400,000,000,000 PX in the first circulation supply 200,000$ in the initial market capitalization

>Options for investment:

Investing options for investors of various skill levels and backgrounds are accessible on ProtocolX Futures, a decentralized bitcoin derivatives market that has been beautifully constructed. Investors may take advantage of a wide range of margin trading and perpetual options available on ProtocolX Futures.

>The crypto exchanges:

To manage to lend and borrow for trading on margin and perpetual contracts, crypto derivatives exchanges have traditionally depended on centralization, resulting in a high degree of coordination between lending and borrowing. Instead, smart contracts have allowed decentralized liquidity pools, consolidation, and lending across a wide range of popular protocols, including, but not limited to, Uniswap, Compound, and Sushi, among others.

Protocol X Futures combines together the most cutting-edge decentralized financial technologies available today in order to develop a cryptocurrency derivatives market that is totally based on crowdsourced liquidity for its liquidity supply. Consequently, when you deposit collateral in order to launch a leveraged trading position, you are borrowing from a well-established pool of liquidity that has been backed by an extensive network of institutional investors.

>Final words:

Protocol X is expected to become the preferred cryptocurrency for traders, gamers, and investors, and it will be available to companies all around the globe in the near future. You have the option of trading directly from your wallet. Our technical staff is dedicated to delivering you with the cryptocurrency of the future. They are talented, experienced, and highly driven. Our community has been and will continue to be the driving force behind our advancement. Instead of holding on to your cash during a transaction, Protocol X, unlike centralized exchanges like Binance or Coinbase, allows you to maintain complete ownership over your money. PX Launcher is an IDO and NFT Launchpad where we will offer new, high-quality items for Initial Dex Offerings to our platform. PX Launcher is a platform where we will present new, high-quality products for Initial Dex Offerings.

#Metaverse #ProtocolX #Binance #PX