Advantages for BXMI token holders
Table of Contents
Membership in BitXmi. Why do you need to be with us?
Earnings strategies on the native token
Binance, Huobi, OKEX, Bitfinex are not only the largest cryptocurrency exchanges in the world but also the owners of their own tokens. Each of these exchanges offers holders of their tokens various bonuses: from various discounts on the withdrawal of coins and operations on the exchange to % of the annual profit. Let’s consider is it actually profitable to buy such cryptocurrencies and what are the true reasons for their launching on exchanges.
For example, the Binance exchange issues its own token called BNB. It is stated that the discount for the trade commission fee is 50% for token holders, however, in subsequent years it decreases and will ultimately be zero.
Also on the rate of the BNB token affect many factors:
- the general position of the cryptocurrency market;
- news regarding the activities of the exchange. Hacking or prohibition of the Binance activity can significantly affect the BNB rate;
- limited issue, buyout and burning of tokens.
Remind that the hack of the Binance in 2019 negatively affected the cost of BNB.
The example of the Binance was followed by the equally well-known Bitfinex exchange, which last year issued its own LEO coin.
The acute need for financial injections arose at Bitfinex after two events that caused a significant shortage of its assets:
- hacking the platform in 2016, when about 120,000 BTC were stolen – an amount that now exceeds one billion dollars;
- a new problem with the financial company from Panama, Crypto Capital Corp., on whose account $ 850 million owed by the exchange hung.
The release of the LEO allowed Bitfnex to close the $ 850 million deficit, preserve the liquidity of its assets, overcome the controversial situation and resume correct operation. The sale of LEO was 100% closed, and investors didn’t receive any discounts or “bonuses”. Also, LEO cryptocurrency remains unavailable to customers from countries such as the USA, Canada, Cuba, North Korea, Iran, Pakistan, Syria and Venezuela.
Before investing your assets in tokens issued by the exchange, a thorough analysis should be carried out, even if this exchange has a good reputation on the market. We advise traders to pay attention to less popular but reliable resources, such as BitXmi. We already described how users of the BitXmi exchange are protected in the article “Safe trading on BitXmi”. Now we want to tell you what guaranteed bonuses will receive Bitxmi token holders.
12% of BitXmi annual income.
At the end of the year, BitXmi team will provide financial reports for the users. Considering this report, 12% of BitXmi annual income would be shared between the first owners bxmi tokens. It would be calculated as follows – 12% of BitXmi annual income / whole amount tokens sold on token sale * amount of tokens held by the user.
Discounts on platform fees
Bxmi token holders will receive special discounts on platform fees and services. The discount amount would depend on the amount of held tokens and a period of token held time.
Paying platform fees
BitXmi tokens would have the ability to pay platform fees with tokens.
BitXmi team will organize special meetups with the biggest bxmi token holders.
These are not all the bonuses for bxmi token holders. You can learn about all the benefits after accessing the exclusive BitXmi service by becoming the owner of tokens.
As you can see BitXmi has a very clear and profitable bonus system. Thanks to it, each token holder can not only profitably invest their assets but also receive passive profits from the bxmi native tokens.
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.