Top 20 CoinMarketCap exchanges BiKi.com launches its first IEO. The stock exchange officially announced that it has made a strategic investment in the XueBi trading platform and launched the IEO process for its first platform token, XB.
Financing is the lifeblood of any project, whether IPO, ICO, IEO or STO. The trend that prefers IEOs to ICOs has been a turning point in financing digital assets. Compared to ICOs, IEOs are guaranteed investment risks , as stock listings are guaranteed after IEO occurs.
BIKi’s Strategic Investment in XueBi Platform
The BiKi Sector Fund recently invested $ 1 million in the XueBi trading platform. The two sides entered into a strategic cooperation where their platforms would complement each other in terms of assets and traffic. Xuebi.io of d the first community to be federated digital asset trading platform it said. Its products include ETF trading, including currency trading, OTC trading and leveraged ETF. With leveraged ETF, an index fund that uses financial derivatives and debt to increase revenue, traders can sell short or long, regardless of market fluctuations. With limited funds, traders can get higher returns without borrowing and deposits.
BiKi, the first IEO project in 2020, will launch XueBi (XB) subscription under the BiBi Power for XB / USDT pair on February 21, GMT + 8. Buy-sell will start the same day 7 hours later.
With the benefit shown, platform tokens can be quite profitable. Having a stock market behind them gives them more investment value.
Platform tokens have also become the new favorite of users, influenced by the favorable weather created by the half-time, and as the aphorism in the stock markets progresses, an increase in brokerage stocks that are the harbors of the bull market are observed. In crypto markets, platform currencies can be compared to brokerage stocks.
Where does BIKi get the Platform Token Value
BIKI achieves its platform token value in 2 ways – the deflationary model, which consists of token withdrawal and combustion for its benefit and reduced circulating supply . Decreasing supply increases the token value.
Making the transaction fees using the BIKI token allows investors to enjoy a 25% discount.
BiKi’s new user system divides users into simple and professional users. Depending on BIKI token usage and trading volumes, they are also divided into 7 levels. Basically, the more BIKI tokens are used and the larger the transaction volume, the lower the transaction fee and gives users different trading bonuses.
XB IEO subscription requires users to have a higher average position of 10,000 BIKI per month, meaning that only BIKI token holders and partners can benefit from BiKi’s IEO subscription.
BIKI is the first platform to adapt 100% token repurchase and combustion BIKI has achieved a burning rate of 39.8%. This may not seem like a high rate, but it is the most sustainable. BiKi is one of the few exchanges that use transaction fees for 100% token repurchase compared to other platform tokens that use only 20-30% of transaction fees in token repurchase. With the addition of repurchase to the contract and leverage income, the amount of burned BIKI tokens is expected to be highest in the long run.
2. partners can hold BIKI tokens in order to get more platform rights and dividends. Two mine pools offer attractive annual returns of up to 20%, which will allow further increase in market liquidity.
With these practices, the demand for BIKI tokens continues to increase as the circulating supply decreases, creating a positive feedback for the entire BiKi ecosystem. BiKi.com’s strategy is simple – adding benefits and deflationary measures will continue to continue increasing the value of the BIKI token.
While the battle of the stock market platforms continues in contracts, IEOs, asset management, mining pools and all other areas, BiKi will continue to be user-centric in its attempts to establish a blockchain financial center .
Headquartered in Singapore I biki.co, in the top 20 global coinmarketcap a crypto moneyIt is the stock market. BiKi.com provides a digital asset platform for the trading of more than 150 cryptocurrencies and 280 trading pairs. BiKi.com is focused on providing the safest, most stable and most effective cryptocurrency trading platform. 100% of the transaction fees are used to withdraw and burn the platform token BIKI. Since its official opening in August 2018, BiKi.com has been recognized as one of the fastest growing cryptocurrency exchanges in the world, with 2 million registered users, 200,000 daily active users, over 2,000 community partners and 200,000 community members. BiKi.com has received a total investment of approximately $ 10 million from Huobi’s co-founder Du Jun, Genesis Capital Zhu Huai Yang, FBG Capital, ChainUP and others.