Buy BSCEX (BSCX)
What is BSCEX?
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.
How does BSCEX work?
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.
What are the potential use cases for BSCEX?
BSCEX offers several potential use cases, including:
- Liquidity farming
- IDO (Initial DEX Offering) with LaunchpadX
- LaunchpoolX
- A decentralized, non-custodial cryptocurrency exchange-centered ecosystem
- An aggregating engine for dividing orders and executing them across different AMMs to mitigate price risk
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.
What is the history of BSCEX?
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.
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Frequently Asked Questions (FAQs)
What is the current price of BSCEX (BSCX)?
The BSCEX price is $5.5891 AUD, representing a -0.82% from the day prior.
Where is the best place to buy BSCEX (BSCX) in Australia?
The best place to buy BSCEX (BSCX) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell BSCEX (BSCX) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of BSCEX (BSCX)?
The trading volume of BSCEX (BSCX) is $5.7K AUD in the last 24hrs, representing a -0.82% from the day prior.
How can I buy BSCEX (BSCX)?
BSCEX (BSCX) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of BSCEX (BSCX)?
The current market cap of BSCEX (BSCX) is $0 AUD.
Can I convert BSCEX (BSCX) to cash?
Yes - With Coinstash you can convert your BSCEX (BSCX) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many BSCEX (BSCX) are there?
The current circulating supply of BSCEX (BSCX) is 0.
Is Coinstash a safe place to buy BSCEX (BSCX) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling BSCEX (BSCX) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.