BTSE Token

Halal Rating :
Comfortable
Contract: 0x666d875c600aa06ac1cf15641361dec3b00432ef
Last Price $1.6 Last updated:
Rank 1208
1D Change 1.17 %
Market Cap $6.86m
Circulating supply 4,354,711
Maximum supply None

Crypto Overview

Categories
  • Centralized Exchange (CEX) Token
  • Ethereum Ecosystem

Overview

BTSE Token is the native utility token of the BTSE cryptocurrency exchange platform. The token was created to enhance the functionality and user experience within the BTSE ecosystem.

Purpose and Utility

The primary intended uses of BTSE Token include: trading fee discounts on the BTSE exchange, participation in the platform's loyalty program, and access to certain platform features and services.

Business Model Evaluation

The business model appears straightforward and transparent, centered around exchange operations and trading services. The token serves practical purposes within a legitimate cryptocurrency exchange business model.

Real-World Adoption

The token is primarily used within the BTSE exchange ecosystem by traders and platform users. While adoption is limited to the exchange's user base, this is consistent with its intended purpose as an exchange utility token.

Platform Development

BTSE continues to maintain and develop its exchange platform, with regular updates and improvements to their services. The development activity appears focused on exchange functionality and user experience enhancements.

Token Distribution and Governance

BTSE Token has a transparent token distribution model, with tokens primarily distributed through the exchange's operations and user rewards programs.

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