Baden-Württemberg, Stuttgart, May 29, 2021 (GLOBE NEWSWIRE) – May 29, 2021 – Cryptocurrency has exploded in popularity in recent months and is the hottest new trend in the investment world. It is possible to make a lot of money by investing in cryptocurrencies, but it is also possible to lose a lot of money. If you choose to invest in cryptocurrency, choose your investment wisely. Right now, there are over a thousand cryptocurrencies on the market for you to choose from. So how can you make a smart decision?
A new cryptocurrency, X-TOKEN running on Binance Smart Chain is the first token that will empower crypto traders, investors and minorities who do not have access to computers. Building decentralized BI apps and donating user fees will help crypto maniacs and minorities.
X-TOKEN is a frictionless, yield-generating contract in which purchased tokens can soon be spent on dApps. The protocol was launched on May 6, 2021 via a DxSale presale. The token contract uses a static reward system – 10% of each trade is split into two parts – one part is distributed to holders, while the other 5% is used to fund the liquidity pool on the decentralized exchange PancakeSwap . Tokens are permanently locked in the LP, reducing the available supply. The token was started with the idea of creating a community token with a self-generating income mechanism for its owner.
X-TOKEN differs from the rest of the De-Fi crowd because it has a passionate team working full time to develop a full-fledged ecosystem of applications surrounding the token. “We aim not only to have a cryptocurrency asset that is financially attractive to short-term traders, but also a suitable long-term asset for serious long-term investors active in crypto. X-TOKEN is a yield-generating contract that rewards its holders, ”the company said.
Each transaction has a 10% tax, while 5% is distributed to holders and an additional 5% is locked in liquidity to create a solid floor price. Buying X-TOKEN is easy with just a few steps: download the wallet, get BNB on Binance which you can trade to X-TOKENS, Swap on XSwap, which is also their first dApp, or on PancakeSwap.io.
The team behind X-TOKEN consists of 5 members who are cryptocurrency experts from the early stages. It is mainly developers who take care of the implementation of BI applications, which will be paid in X-TOKEN. The team is based mainly in Germany and Latvia.
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