What is BTXN Coin and How Does It Work?

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 can be traded with different currencies on Bitexen.

1.2 How Does BTXN Coin Work?

BTXN Coin business model is based on the principle that BTXN Coin’s market value increases as a result of the increase in transaction volume and revenues of Bitexen and the decrease in the circulating amount as a result of buybacks and burns.

Bitexen buys back the BTXN Coins in the market on Bitexen platform and burns the bought BTXN Coins on the Ethereum blockchain, using half of the crypto asset income from the transactions made by the users and the entire commission income from the BTXN Coin trading. Burbacks will continue to take place at market prices until all BTXN Coins are burnt. Burn statistics can be seen on https://g.bitexen.com/btxn-stats


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