CoinEx Token (CET)

romanbank (45)in #coinex • 6 years ago

Hello my fellow brother and sister in the crypto industry!

Had crypto business been fair to you?
How many of us are really making gains out of the crypto business?
Are you optimizing the opportunities you see around yourself?

There are thousands of cryptocurrencies in the crypto market right now, and I believe the numbers will keep increasing more and more so far the space is in existence. Despite the numbers of cryptocurrencies available, the majority of us are so confused on the token/coin we should hold. Even those people that called themselves crypto analysts find it is difficult to find out which token/coin they should hold. I just realized something and it will be to help to many that are ready to listen. I discovered every crypto traders and investors eyes are on Bitcoin, Ethereum, Ripple and probably one of the coins in the top 10 of CoinMarketCap; but do you know they are all missing other opportunities?

I want to bring our attention to another valuable coins that we should hold. It is time we should be looking for coins that had the potential to do wonder in due time. I love you all and I like unveiling some secret to all my fans out there. Today, I want everybody to set his eyes on CoinEx Token (CET). This token has a lot of values and potential, but it seems many are not seeing it.

Before, I will unveil the potential of CoinEx Token (CET), I will first do some little introduction about it and tell us some of its features. Please take your time to read this article carefully.

INTRODUCTION TO CoinEx TOKEN (CET)

The CoinEx Token (CET) is the native token of CoinEx Exchange. It was first issued by on 29 January 2018. The CoinEx Token (CET) was initially issued on Ethereum Blockchain (Erc-20), but was later launched on CoinEx public Chain. The CoinEx Token (CET) has a total supply of 5,842,177,609 CET and about 2,868,849,037 CET are on circulation. CoinEx Token (CET) was purposely launched to serve as an exclusive and valuable service on CoinEx ecosystem. Furthermore, the CoinEx Token (CET) could be used in other diversified ways. In this article, I am going to unveil it too.

AN APPLICATIONS OF CoinEx TOKEN (CET)

Trading Fees

CoinEx Token (CET) could be used as a trading fee. If you are trading on CoinEx Exchange, you can use your CET as a trading fee. It is very advantageous to use CoinEx Token (CET) as a trading fee because there are discounts for it (It is about 50% discount). This is an opportunity for users of CoinEx Exchange to beat down the transaction fees. Though the transaction fee on CoinEx is low, but using CET make it lower (50% down). So if you want to enjoy discounts on CoinEx Exchange, start using CET for your transaction fee.

VIP Services and Privileges!

You can obtain a VIP membership for holding some certain quantity of CET on CoinEx Exchange. You can as well use the CoinEx Token (CET) token to buy VIP positions on CoinEx Exchange In case you dont know, as a VIP member on CoinEx, you will have the privilege to enjoy an exclusive customer service, fee discount, and withdrawal acceleration.

Promotional Campaign Rights!

CoinEx Exchange do organize an incentives program severally on their platform, and only those that hold CET are eligible to benefit from it. All CET holders do enjoy special qualifications for promotional campaigns e.g accelerator support, airdrop incentives, etc on CoinEx.

Preinstalled Token on CoinEx Chain!

For anyone is willing to issue a token on CoinEx Dex (CoinEx DEX), he can use CET as a gas for preinstalled a token on CoinEx Chain.

OTHERS ARE:

We can use CET to participate on IEO hosted on CoinEx Exchange. The IEO is another easiest way to make a gain.

According to the plan of the team, CoinEx Token (CET) will be upgraded as a means of payment method. This means people will be able to use CoinEx Token (CET) to buy goods and exchange it for services.

CoinEx Token (CET) is used to power the CoinEx DEX CoinEx (Decentralized Exchange).

PROGRAMS THAT WILL ADD VALUES TO CoinEx TOKEN (CET)

Repurchase and Burning Program

There is a Repurchase and Burning Program system for CoinEx Token (CET). The program has been in existence for some time now, but it policy was re-amended on April 11, 2020. The new policy stated that the platform (CoinEx) will use fifty percent (50%) of their profits to buy back and burn CET. The Repurchase will be done daily, while Burning will be taken place quarterly. The effects of such a program is the quantity of CET will reduce while its value will increase.

POTENTIAL OF CET!

If you read up carefully, you will see where I stated many use cases of CET. This will increase the demand for CoinEx Token (CET), increase its market liquidity and thereby increase the value and price of CET.

Again, if you take a look at the Repurchase and Buyback program, it will enhance a long-term price stability, improve its value and the growth of CET. The regular burning of CET will reduce the total supply and a high its value.

In conclusion,

CET is one of the coins I want everybody to hold. The use cases, repurchase and buy back, etc will incentivize a long-term growth of CET coin.

CET DETAILS!

Coin Name: CoinEx Token

Symbol: CET

Coin Type: Public Chain

Date of Issue: 2018-01-29

The total supply: 5,842,177,609 CET

Total in Circulation: 2,868,849,037 CET