Review on Bibox Token by Özgün A
Convenient but less popular
Bibox Token (BIX) is a medium-sized cryptocurrency produced with blockchain technology.
Bibox Token is the local currency of the Bibox exchange. With Bibox Token (BIX), you get voting rights. You can earn passive income by staking BIXs. You get a commission discount from your transactions with BIX.
Bibox Token (BIX) is built on the Ethereum network. It can be used in wallets compatible with ERC-20, but you need to create a new cryptocurrency to store it in the wallet. It is available on trustwallet. It is similar to ordinary local tokens in its properties. Generally, the properties of local tokens are the same, but do not compare the local tokens of major exchanges with the Bibox Token (BIX). Tokens such as BNB are supported by the world's largest exchange, Binance, and many sponsors. The transaction volume of Bibox Token (BIX) is still low, but it is shown as one of the tokens that are expected to rise rapidly from 2021.
You will receive profit repayments from transactions made with Bibox Token (BIX).
Do not consider the Bibox Token (BIX) as an investment, it is a local token and its value is very low.
Pros
- Backed by bond trading and smart contracts
- Very fast responses from customer representatives
- Token used in commercial transactions
Cons
- Affected by price fluctuations
- Still not listed on many exchanges
