CoinEx Token (CET) was launched in January 2018 as a user value-added service rights system within the CoinEx business ecosystem.
It was issued based on the Ethereum ERC20 protocol and has now been migrated to CoinEx’s self-developed public chain CoinEx Smart Chain (coinex.org) used as its fuel.
- Currency Trading Platform
- Based on the self-developed high-speed matching engine, the CoinEx platform will support more high-quality currencies in the future, continue to optimize product experience and platform liquidity, and introduce leveraged transactions to serve more global users.
- Derivatives Trading Platform
- The CoinEx derivatives trading platform will provide professional users with high-leverage trading and hedging services, including perpetual contracts, wealth management and other products. In the future, more innovative and competitive contract products will be provided to users.
- Decentralized Trading Platform
- The decentralized trading platform based on the CoinEx smart chain supports automatic market-making algorithms and the traditional order book model. The trading method is more flexible and fits the traditional trading habits. It provides users with rich functions and an easy-to-use operation interface.
- CoinEX Smartchain
- The CoinEx smart chain is based on the POS consensus protocol, which is decentralized and energy-efficient, helping you easily build your own decentralized applications.
Since its launch, CET has been issued and circulated through various forms such as airdrops, transaction fee refunds, operation promotions, and team unlocking.
At the same time, according to the value agreement of CET, CoinEx uses 50% of the platform fee income to repurchase CET every day, and at the end of each natural month, all the CET repurchased in that month will be destroyed until the total amount of CET is reduced to 3 billion.
In addition, according to user feedback and after careful consideration, CoinEx decided on March 12, 2021 that when the total amount of CET is reduced to 3 billion, it will continue to use 20% of the platform fee income for repurchasing and destroying CET until all CET is destroyed.
- Discounted platform transaction fee
- CoinEx platform users can directly use CET to deduct the equivalent value of transaction fees when trading, and enjoy exclusive rate discounts.
- Enjoy VIP service
- Holding a certain amount of CET can become a VIP customer of the platform. VIP customers can obtain privileges such as rate discounts, accelerated withdrawals, and exclusive customer service.
- Special activity rights
- CET holders can enjoy special rights and interests of platform marketing activities, participate in token airdrops, and accelerate opportunities for high-quality projects.
- CoinEx Smart Chain
- CET is used as a built-in token circulation of the CoinEx Smart Chain and acts as a “fuel”. It is based on the POS consensus protocol, decentralized and energy-efficient, and helps you easily build your own decentralized applications.
- More circulation scenarios
- In addition to circulation within the CoinEx ecosystem, CoinEx will also promote the use and circulation of CET in more external scenarios, such as payment.
Go to CoinEx’s Official Website
Please check CoinEx official website or contact the customer support with regard to the latest information and more accurate details.
CoinEx official website is here.
Please click "Introduction of CoinEx", if you want to know the details and the company information of CoinEx.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...