5. When will my BTXN Coins be transferred to my account?
During the day, the system will automatically check the user
membership approval status and transfer BTXN Coins to approved users and
6. Can I See How Many BTXN Coins Have Been Distributed?
Yes, we publish the current amount distributed on the system
and the current stage. Click here to view Distribution&Repurchase
7. Can I See How Many BTXN Coins I Have Received For Users I
Yes, you will be able to monitor how much BTXN Coin you have
received for each user you refer to in your user panel.
8. How Much BTXN Coin Will You Get From Buyback Periods?
In each buyback period, we will announce in advance the
amount of cryptocurrency we will use for the purchase. How many BTXN Coins we
can buy will be determined by the prices on the trading boards. You can find
detailed information from Distribution & Repurchase Information.
9. I Want to Own More BTXN Coins, Can I Buy in Bulk at a
Since BTXN Coin is not an ICO, we do not sell BTXN Coin as a
platform, we distribute it for free. If you want to have more BTXN Coins, you
can refer more of your friends, buy BTXN Coins from other users on BTXN Coin
trading boards, or participate in prize competitions.
10. When Will Bitexen Buy BTXN Coins?
The start of distribution of BTXN Coins has been determined
as August 1, 2018.
For 3 days following the end of each subsequent quarter,
Bitexen will regularly purchase BTXN Coin at the market prices of the BTXN Coin
boards it has opened, at 50% of its crypto-money income at that time, and
destroy it on the Blockchain and put it out of circulation.
Regular purchases will continue as long as there are BTXN
Coins that are still not bought and destroyed by Bitexen.
11. Will Bitexen Set a Ceiling Price While Buying BTXN
Until 14 million BTXN Coins are reclaimed, no matter how
high the price is, purchases will be made from BTXN Coin trading boards, while
the last 1 million BTXN Coins will be purchased, the average BTXN Coin price in
the last 1 year will be determined as the ceiling price and an order will be
12. What Type of Orders Will Bitexen Enter the Market During
the Buyback Program?
As market maker and market buyer, purchases will be made by
entering both types of orders.
13. When Should I Sell My BTXN Coins?
The BTXN Coin model is based on the principle that BTXN Coin
gains in value as the transaction volume increases with the number of users and
the amount of coins in circulation decreases with regular buybacks. You can
keep your BTXN Coins for a long time for more profit, or you can sell on BTXN
Coin trading boards as soon as the market price meets your earnings target.
14. What is the Difference of BTXN Coin Distribution from
ICOs, which have hundreds of examples in the crypto-currency
market and whose main purpose is crowd funding, are to provide the necessary
funds for their projects by selling the tokens they have produced on the
blockchain for a certain price, within a certain calendar.
Some of the cryptocurrencies produced for the ICO are
reserved for the founders and investors, and the rest is sold to users at a
determined price. By purchasing these tokens, you are investing in a kind of
project by funding. In case the project is successful, the tokens you own may
exceed the value you have purchased, and you may gain profit, or in the
opposite case, your investment may result in loss.
All of the BTXN Coins will be distributed to its users free
of charge by Bitexen.
15. Will BTXN Coin Distribution and Redemption Conditions
Bitexen reserves the right to change the BTXN Coin
distribution and redemption conditions stated in this document, limited to the realization
of the following situations:
Making legal arrangements that will directly affect
Bitexen's crypto-currency trading platform activities, commission income and
On January 1, 2019, the amount of BTXN Coins distributed to
users until that date was less than 1,000,000,
Bitexen undertakes to promptly inform its users about the
renewed conditions when any of the above-mentioned situations occur.