Review on Bibox Token by Othere Obtentus
Utility token
Bibox is a popular, China-based crypto exchange platform that was developed a year ago. The exchange 's local token is also named Bibox and has the ticker symbol BIX. For its holders, the BIX token features several special rewards that may draw crypto investors. Bibox is an improved encrypted digital asset exchange, according to the team creators, which utilizes the most current and sophisticated distributed cluster system , making it capable of managing more than 10 million users.
Bibox Token has similar attributes like Binance Coin or KuCoin Share, benefiting from a 50 percent discount on Bibox trading commissions in the first year, 25 percent in the second year, and so on.
Pros
- Supported by a well known exchange
- Holders will receive 20% of the Bibox exchanges net profit
- Advanced distributed cluster system
- Discounts on trading fees
Cons
- Token dependent on its exchange platform
