Review on Bibox Token by Danh Huỳnh Ngọc Công
Bibox token is a good token that gives the user a lot of benefits. However…
Bibox token is a good token that gives the user a lot of benefits. However, the fluctuating price of BIX and no voting function make it a little bit not competitive to the other exchange owned tokens
Updated 5 years ago
Rating has not been changed
Negative point: Bibox token is operated on Ethereum blockchain so the speed and fee depends heavily on the mentioned blockchain
Pros
- Bibox token (BIX) gives a lot of unique benefits to the holders as the following: - BIX holders will share 20% net profit of Bitox Exchange - Users will enjoy exceeding discounts if they hold BIX - Status of users can be upgraded to VIP and multiply their assets calculation with 1.5 - BIX will be the fuel for transactions in the decentralized platform - There are a buyback plan and a burn plan to give the holders profit
Cons
- - Volatile price make it unprofitable for the users to hold this token - No voting function as other exchanges
