Fox Trading

Fox Trading

FOXT
$0.00221217

Key Metrics

Price$0.00221217
Real Volume (24H)$0
Marketcap$18,776.05
Fully Diluted ValuationN/A
ATH$0.392931
ATH Date3/9/2019, 9:41:32 PM
ATL$0.00003395
ATL Date10/20/2022, 7:11:53 PM
Circulating SupplyN/A
Total Supply9.3M
WebsiteN/A
WhitepaperN/A
Popularity Rank4246
Chart
What is Fox Trading?

The Fox Trading team has created a deflationary BEP-20 token called FOXT on the Binance Smart Chain, which was originally launched on the Ethereum network and later migrated in 2021. The FOXT token brings together investors, innovative decentralized products, and the natural world in a common goal. It creates a bridge between the crypto and forex markets, allowing users to benefit from both.

FOXT token holders can access Fox Trading's platform services, such as trade signals and auto trading, by paying with FOXT tokens. In addition to fiat and crypto gateway payments, this is an alternative payment option. Users can also stake their FOXT tokens and receive several benefits, including an initial reward of approximately 10% APR paid in FOXT. The APR percentage may be adjusted based on the FOXT token price.

FOXT token holders who stake their tokens can also enjoy free platform access, higher rewards than the affiliate program, and additional rewards paid in ETH. These flexible rewards are based on a percentage of total project revenue.

The affiliate program is another option available to Fox Trading project members. They can earn up to 35% of the commissions collected from referred users by holding FOXT tokens. The tokens can be bought and sold on PancakeSwap, offering an alternative to staking or using them to pay for platform services.

FOXT is a deflationary token, meaning that around 30% of service fees collected from fiat and crypto gateway payments are used for a token buyback and burn strategy. Tokens are split 50/50 and stored/moved in "Burn" and "Marketing" wallets.

It is important to keep your FOXT tokens with you, and you do not need to transfer anything to the platform or the team's wallet. To start staking, users need to add their personal ETH wallet, as exchange wallets are not supported. ETH addresses are regularly scanned, and staking wallets/holders with 50,000+ FOXT tokens are granted free platform access with the "Platinum" plan benefits (lowest commissions) and higher commissions generated by referrals of the staking wallet/owner.

In conclusion, the FOXT token offers several options for investors and traders looking to enter the crypto and forex markets. With the ability to pay for platform services, stake tokens for rewards, join the affiliate program, or buy/sell on PancakeSwap, there are plenty of ways to benefit from this innovative and deflationary token.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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