Beaxy token (BXY) has several features that incentivize purchasers to utilize it on the Beaxy exchange platform.
First and foremost, Beaxy tokens are used to save the purchaser money on trading fees for any trade the user makes on the Beaxy platform. Beaxy customers are incentivized to use their Beaxy tokens to pay for trading fees, as fees are reduced by 50% when a user pays with Beaxy tokens rather than with Bitcoin or Ethereum.
Additionally, Beaxy customers can take advantage of Beaxy’s staking program to receive even further discounted fees. By purchasing Beaxy tokens and locking them on the platform, purchasers will receive an additional up to 25% off their trading fees. This will change your user level and increase your daily withdrawal limit.
Beaxy tokens will also be used for buying different features in the future when they are released. This incentivizes purchasers to use and hold their Beaxy tokens within Beaxy’s platform. In addition, Beaxy tokens will be delivered to the purchasers when the exchange platform is operable. This will allow purchasers to use Beaxy tokens immediately to gain their utility benefits, rather than holding the tokens before they have functional utility.
The different ways in which the BXY token can change the way you trade are substantial. Here are some additional articles and documentation if you would like more details about maximizing its potential.
This Medium article gives a more in depth summary.
And the helpdesk sections below go even further into certain aspects of the token utilities:
There are bonuses to paying your trading fees in BXY as well!