Important Notice
Deposits and withdrawals are not currently available for this coin.
BSCEX, symbolised as BSCX, is a token based on the Binance Coin blockchain. It operates as a cryptocurrency within the Binance Smart Chain ecosystem, much like other blockchain-based tokens such as those on Ethereum or EOS. Though its primary purpose isn't explicitly stated, it functions within this ecosystem, leveraging the Binance Smart Chain's infrastructure for transactions and operations.
BSCEX is built on the Binance Smart Chain (BSC), using a technology referred to as Cross Liquidity Layer 2. It operates on a Proof of Stake (PoS) consensus mechanism and leverages the liquidity of popular Automated Market Makers (AMMs) on BSC like Pancakeswap, BakerySwap, and BurgerSwap. BSCEX employs smart contracts for operations such as token transfers, allowance, minting, and burning. While a direct link to a whitepaper isn't available, more technical details can be found on platforms like CoinMarketCap and BscScan.
BSCEX offers several potential use cases, including:
Its real-world applications involve participating in decentralized finance activities within the BSCex ecosystem and integration with popular AMMs on BSC. The project has a strong presence in the decentralized finance (DeFi) sector and cryptocurrency trading and exchange industries. Notably, BSCEX collaborates with Binance Smart Chain for leveraging its infrastructure.
BSCEX was founded in 2018, aiming to provide a decentralized, non-custodial cryptocurrency exchange-centered ecosystem. While details about the founding team aren't specified, BSCEX is recognised for integrating with AMMs like Pancakeswap, BakerySwap, and BurgerSwap on BSC. Despite the lack of mention regarding major updates or forks, BSCEX's technology has evolved by leveraging Binance Smart Chain for its operations. The project maintains a significant market presence by being listed on various cryptocurrency exchanges and platforms, actively participating in the DeFi sector.