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BitForex Token Review

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Revainrating 3 out of 5  
Rating 
3.2
Crypto Projects, ERC20

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Description of BitForex Token

BitForex Token (BF) is a cryptocurrency and operates on the Ethereum platform. BitForex Token has a current supply of 10,000,000,000 with 4,289,073,705.17397 in circulation. The last known price of BitForex Token is 0.0014409 USD and is down -0.49 over the last 24 hours. It is currently trading on 4 active market(s) with $567,724.02 traded over the last 24 hours. More information can be found at https://bitforex.com/.

Reviews

Global ratings 6
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Type of review

The venture of BitForex is to create a dependable, expert and convenient digital platform for users to take part inside the next financial technology. BitForex is a cryptocurrency exchange designed to offer users with secure, professional and convenient virtual currency trading offerings. BitForex effectively presents a huge range of buying and selling tools, together with trading capabilities, margin buying and selling, and derivatives - constantly adapting to new marketplace wishes with the

Pros
  • Daily agreement.
  • Advanced guidance control machine.
  • Attractive fee folder.
Cons
  • There is no transparency within the data.
  • You don’t have a partnership scheme.

Revainrating 3 out of 5

BitForex Token: focuses on short-term investments.

BitForex Token (BF): is a project that focuses on investments in a short time, executing business protocols and prioritizes investments in a short time, it is a sustainable digital asset and with important presence in the market, it is a project that is constituted in the decentralization of trading assets, it has the possibility of ensuring the value of the investment and security levels applied to its platforms, its characteristics are very outstanding and its platform is very stable for the…

Pros
  • Its easy-to-acquire token is therefore a highly tradable currency.
  • It runs a very stable trading process and focuses on anti-inflationary measures.
  • It guarantees investment and ownership of digital assets.
  • It has a complete service of a mobile wallet, capable of holding different types of currency.
Cons
  • It is a project that needs to increase or create more commercial features, it is a bit behind in services.

Revainrating 3 out of 5

secure protocol for digital asset trading

When entering the stock market as an investor or trader we are always exposed to possible losses due to negotiations carried out; since the behavior of digital assets is unpredictable. According to this premise, it is vital to have a platform like BitForex; which offers among its benefits the possibility of insuring digital assets; in this way our investment will always be protected. This feature is of vital importance for users of the BitForex platform; since it allows them to guarantee the…

Pros
  • The issuance of the currency is carried out by various methods
  • Promotes an anti-inflationary economy by repurchasing tokens
  • Encourages the participation of coin owners in its governance
  • It allows to insure the portfolio of assets
Cons
  • Few functions

BitForex Token (BF): is a crypto-currency project that focuses on offering services in a digital manner that occupies a good position in the world of crypto-currency. With additional security for your assets, the platform ensures every operation you make, with complete 24/7 coverage in its entirety. The digital trading services include token margin trading and stock derivatives, need and market control with the introduction and continuous new features that will tool you to efficiently use the…

Pros
  • It currently occupies level 546 in the list of crypto-currencies in the market with a capital of 8.7 million USD, with daily volumes of 467 thousand USD.
  • The currency can be bought freely by the following exchanges, **BF/USD** | **BF/ETH** | **BF/USDT** | **BF/DOGE** | **BF/BTC**, with high levels of privacy and confidentiality.
  • It has a mobile application (wallet) for devices with Android and for devices with iOS, as operating systems.
Cons
  • In the graphs of their shares we can see that in the last 30 days, their capitalization has remained unstable registering losses of more than 1.5 million USD in the stock market.
  • The purchase value of the coin is low, it can go up and attract more people.

Revainrating 4 out of 5

BitForex Token (BF), representative currency of the Bitforex exchange

BitForex Token (BF), is based on an innovative project that offers this token to trade from the BitForex exchange, where with this BF currency, you can obtain many membership privileges as users, as well as be rewarded for participating in airdrops. BitForex Token (BF) also works as a payment method, it's a currency for decentralized markets, currently it's available for trading from two platforms for cryptoactive trading and it operates in pairs in digital currencies in fiat currency, the BF…

Pros
  • The BitForex Token (BF), operates perfectly from airdrops, where it is possible to acquire some of these coins.
  • BitForex Token (BF), can be easily used as a payment method, for its fast and secure transactions.
  • The BitForex Token (BF) currency can also be easily used on the BitForex exchange to acquire membership privileges with this currency.
  • The FB token, is very easy to trade from BitForex and YoBit trading, for the pairs in BF/USDT, BF/ETH, BF/BTC, BF/DOGE and even for the fiat pair BF/USD.
Cons
  • BitForex Token (BF), is not a minable currency, so it cannot be extracted from mining groups.

Revainrating 3 out of 5

Token with utility only within Bitforex.

This is a utility token of the Bitforex exchange, its main exchange is this, currently its trade volume is processed within it according to reported data, it has good liquids so this token can be used for trading, since they usually have a lot of movement. It is currently listed on two exchanges, although most of the volume is on Bitforex. An important aspect is that it lacks utility outside the platform, during its launch 50% were sold, the additional tokens were distributed among the…

Pros
  • Utility token backed by Bitforex encrypted exchange.
  • By having this token stored you can pay transaction fees in addition to receiving discounts.
  • It has great volume charity
Cons
  • It is of no use outside of your exchange.
  • There are a large number of tokens and projects that are backed by exchanges. These types of assets are generally illiquid.