Knowledge pills on Coinex
1. What is Coinex
CoinEx is a global and professional digital coin exchange service provider. There you can trade cryptocurrencies and digital tokens against Bitcoin Cash, Bitcoin, Ethereum and Tether. It has a program to distribute 80% of all trading fees to all holders of their coin called CET. Moreover it has a program called 'Trade mining' that 'mines' coins when the trader perform a trade
2. Income Dividend
CoinEx will allocate their daily transaction fee income (including all coin types) to ALL CET holders proportionately (i.e. Your CET balance/Total CET). For instance: If their daily transaction fee incomes include BCH, BTC, CET, and USDT, you will receive 80% of these incomes in BCH, BTC, CET, and USDT proportionately.
3. Trade-driven Mining (or "Mining")
They will calculate 100% of their transaction fee income into CET against the real-time rate and give them away to all traders proportionately to their trading volume.
The more CET you lock, the more CET reward you can mine in Trade-driven Mining.
Your difficulty = Your Locked CET / 10,000 * Basic difficulty
4. What is the value of their token CET
With CET tokens, holders can:
- Share daily transaction income renvenue.
- Use them as Transaction fees.
- Receive new coins with airdrops when they get listed
- Voting rights for new token listing free of charge
Do you know some other interesting facts about Coinex? Leave some "knowledge pills" in the comments.
Ps: If you plan to enter in CoinEx and start buying their tokens to get a daily income please use this link: https://www.coinex.com/account/signup?refer_code=ur7v3
Good info.