How is the Distribution and BuyBack Plan of EXEN Coin?
How Does EXEN Coin Distribution and Buy Back Happens?
EXEN 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 EXEN Coins in the previous stage were distributed. In line with the
predetermined protocols in the EXEN Coin Whitepaper, the distribution of EXEN Coin was completed after the distribution of 5 million EXEN. You can find
detailed information in the EXEN Coin Whitepaper
After the distribution of 5 Million Coins as part of the membership and reference
campaign, EXEN distribution was completed as of 22.09.2020
How Does EXEN Coin Buyback Happen?
Bitexen, every month, uses half of the transaction revenues from crypto asset transactions and all of the transaction income
from EXEN Coin trading, buys EXEN Coins back from the market distributed to its users free
of charge and destroys the EXEN Coins it buys on the Ethereum
blockchain. The amount of destroyed EXEN Coin is shared with our users
on global.bitexen.com. There is no direct interference with the EXEN in your balance
when making buybacks.
At What Price Do Buybacks Happen?
Buybacks take place on the EXEN trading board. During
the buy-back dates, Bitexen enters buy-sell orders on the EXEN trading
board according to the market price determined from the trades between users and
performs the EXEN Coin buy-back. Click here for detailed information.
Will EXEN Coins in My Account Be Affected?
Bitexen performs buybacks on EXEN trading board. Therefore, the EXEN Coins in your account cannot be taken
back from you unless you place a sell order on the EXEN trading board.
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