XT.COM Welcomes FLEX Coin to its Socially Infused Trading Platform
The world’s first socially infused trading platform, XT.COM, announced the listing of FLEX Coin (FLEX) on its platform in the innovation and metaverse zones on 7th April 2023. The FLEX/USDT trading pair has also been made available for trading since 10:00 (UTC) on the same day, and users can deposit FLEX for trading from 6th April 2023.
FLEX Coin is the native exchange token of Open Exchange (OPNX) and fuels the entire exchange ecosystem. It provides users with a better trading experience and discounted trading fees on all spot and futures trades on the exchange. The FLEX Coin was created with a definitive 100MM total supply and has a burn mechanism to create continuous deflationary pressure on the token.
Albin Warin, CEO of XT.COM, was excited about FLEX Coin’s listing on the exchange, stating, “We are excited to welcome FLEX Coin to the XT.COM community. We look forward to working with the FLEX Coin team and supporting their continued growth and success.”
Open Exchange is the world’s first crypto exchange for trading spot, futures, and claims all on one platform. It was built for the 20 million+ users who currently have $20 billion of claims trapped in the bankruptcy proceedings of fallen crypto platforms. The exchange allows claim holders to easily register their claims, then unlock their value by selling them directly into crypto on order books or using their claim as collateral for crypto futures trading.
XT.COM is one of the leading crypto exchanges globally, serving over 6 million registered users, with over 1,000,000+ monthly active users, 40+ million users in the ecosystem, and 800+ trading pairs. Since its founding in 2018, XT.COM crypto exchange has expanded its offerings by covering a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base.
FLEX Coin: The Native Exchange Token of Open Exchange
FLEX Coin is the native exchange token of Open Exchange (OPNX), fueling the entire exchange ecosystem. It provides users with a better trading experience and discounted trading fees on all spot and futures trades on the exchange. The FLEX Coin was created with a definitive 100MM total supply and has a burn mechanism to create continuous deflationary pressure on the token.
In 2019, 70 million FLEX Coins were issued to traders on the CoinFLEX platform (OPNX’s predecessor) through Trade Driven Mining, where traders were paid FLEX based on their daily trading volume. Originally minted as an SLP token, FLEX has since expanded into a multi-chain token on Ethereum (ERC20) and SmartBCH (SEP20).
Open Exchange (OPNX): World’s First Crypto Exchange for Trading Spot, Futures, and Claims All on One Platform
Open Exchange is the world’s first crypto exchange for trading spot, futures, and claims all on one platform. It was built for the 20 million+ users who currently have $20 billion of claims trapped in the bankruptcy proceedings of fallen crypto platforms. The exchange allows claim holders to easily register their claims, then unlock their value by selling them directly into crypto on order books or using their claim as collateral for crypto futures trading.
The FLEX Coin is the native exchange token of OPNX, and it fuels the entire exchange ecosystem. It provides users with a better trading experience and discounted trading fees on all spot and futures trades on the exchange.
XT.COM: The World’s First Socially Infused Trading Platform
XT.COM is one of the leading crypto exchanges globally, serving over 6 million registered users, with over 1,000, 000+ monthly active users, 40+ million users in the ecosystem, and 800+ trading pairs. Since its founding in 2018, XT.COM crypto exchange has expanded its offerings by covering a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base.
The platform offers a wide range of services, including Crypto Futures Trading, which includes USDT-M Futures and coin-M futures perpetual contracts, as well as prediction markets where users can conduct transactions by predicting the results of future events. Additionally, the Futures Grid allows users to automate the buying and selling of futures contracts to make profits.
FLEX Coin Trading on XT.COM
With FLEX Coin now listed on XT.COM, users can trade FLEX against USDT on the innovation and metaverse zones of the platform. Deposits were made available from 6th April 2023, while withdrawals for FLEX will be opened from 8th April 2023. The FLEX/USDT trading pair has been open for trading since 10:00 (UTC) on 7th April 2023.
The trading of FLEX Coin on XT.COM provides users with an opportunity to trade the token on a secure, trusted, and intuitive trading platform. Users can take advantage of the discounted trading fees provided by holding FLEX on the OPNX exchange and fueling the entire exchange ecosystem.
Conclusion
The listing of FLEX Coin on XT.COM is a significant milestone for both XT.COM and OPNX. With FLEX Coin now available for trading on XT.COM, users have a more extensive range of options to trade cryptocurrencies and can take advantage of discounted trading fees provided by holding FLEX on the OPNX exchange. The listing is expected to contribute to the growth and success of FLEX Coin and OPNX and help the platform continue to provide a better trading experience for its users.