How is the Distribution and Repurchase Plan of BTXN Coin?
How Does BTXN Coin Distribution and Repurchase Happen?
BTXN Coin distributions were made in 4 stages to our users
who created an account at Bitexen, and each stage started with the condition
that all BTXN Coins in the previous stage were distributed. In line with the
predetermined protocols in the BTXN Coin Prospectus, the distribution of BTXN
Coin was completed after the distribution of 5 million BTXN. You can find
detailed information in the BTXN Coin Prospectus.
After the distribution of 5 Million Coins, the BTXN Coin
campaign, which was distributed as part of the membership and reference
campaign, was completed as of 22.09.2020
How Does BTXN Coin Buyback Happen?
Bitexen, every month, uses half of the transaction revenues
of its users from crypto asset transactions and all of the transaction income
from BTXN Coin trading, repurchases the BTXN Coins it distributes to its users free
of charge on the platform and destroys the BTXN Coins it buys on the Ethereum
blockchain. it does. The amount of destroyed BTXN Coin is shared with our users
on bitexen.com. There is no direct interference with the BTXNs in your balance
when making buybacks.
At What Price Do Buybacks Happen?
Buybacks take place on the BTXN/TRY trading board. During
the buy-back dates, Bitexen enters buy-sell orders on the BTXN/TRY trading
board according to the market price determined from the trades between users and
performs the BTXN Coin buy-back. Click here for detailed information.
Will BTXN Coins in My Account Be Affected?
Bitexen performs buybacks on the sell orders placed on the
BTXN/TRY trading board. Therefore, the BTXN Coins in your account cannot be taken
back from you unless you place a sell order on the BTXN/TRY trading board.
Contact / Follow us on: |
Related Articles
FAQ About BTXN Coin
1. How many BTXN Coins will be produced in total? Only 15 million BTXN Coins will be produced, and after this number is reached, no new BTXN Coins will be produced. 2. At What Price Will You Sell? BTXN Coins are not sold by Bitexen to users for a ...What is BTXN Coin and How Does It Work?
1.1 What is BTXN Coin? BTXN Coin is the native cryptocurrency created of Bitexen and created on the Ethereum blockchain with only 15 million unitsw with the ERC-20 token standard. BTXN Coin is distributed to Bitexen users, free of charge. BTXN Coin ...BTXN Commission Refund Feature
As part of the commission refund feature, you can get half of the transaction fees you pay while trading at Bitexen, according to the amount of BTXN coins you have in your account. Bitexen refunds the accounts of its users on the first day of every ...Convert Small Balances to BTXN
You can easily convert your small cryptocurrency balances to BTXN, which are below the minimum order limits. To convert your small balances to BTXN; On Bitexen webpage; Go to the "Accounts > Account Summary" page or "BTXN Profile > BTXN Loyalty" page ...Bounty Hunter Reference Campaign and Volume Contest Participation Rules
Bounty Hunter Reference Contest Participation Conditions The campaign includes users who create a membership with a new reference code in accordance with the campaign conditions counted between 23.05.2022 and 23.07.2022. References to be given by ...