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When was the APX (APX) coin issued?

APX (APX) coin, launched in October 2021, powers the APX ecosystem, encompassing an exchange, decentralized exchange, staking, and mobile app.

Dec 19, 2024 at 07:17 pm

Key Points:
  • History and Overview of APX Coin
  • Tokenomics and Distribution
  • Use Cases and Applications
  • Investment and Trading
  • Security and Storage
  • FAQs
When was the APX (APX) coin issued?

The APX (APX) coin was launched on October 2021.

History and Overview of APX Coin

APX Coin (APX) emerged as a utility token powering the APX platform, a multifaceted ecosystem encompassing a centralized exchange (APX Exchange), a decentralized exchange (APXSwap), staking and yield farming features, and a mobile app. The project's primary focus lies in providing seamless and efficient trading experiences for digital asset enthusiasts.

Tokenomics and Distribution
  • Total Supply: 1,000,000,000 APX
  • Initial Token Distribution:
    • 20% Community Sale
    • 15% Team and Advisors
    • 15% Reserve
    • 10% Marketing and Promotion
    • 10% Liquidity Pool
    • 5% Ecosystem Fund
    • 5% Staking Rewards
    • 5% Partnerships
    • 5% Advisors Reserve
Use Cases and Applications
  • Trading Fee Discounts: APX holders can enjoy reduced trading fees on the APX Exchange.
  • Liquidity Provision: APX can be used as a liquidity provider for trading pairs on APXSwap.
  • Staking and Yield Farming: APX holders can stake their tokens to earn rewards and participate in yield farming opportunities.
  • Voting and Governance: APX holders can participate in governance decisions related to the APX platform.
  • Mobile App Access: APX holders can use the APX mobile app to access trading, staking, and other features.
Investment and Trading
  • Trading Availability: APX is traded on APX Exchange, APXSwap, and other cryptocurrency exchanges.
  • Trading Pair: APX/USDT, APX/BTC, APX/ETH
  • Market Capitalization: Varying based on market conditions
Security and Storage
  • Smart Contract Audit: Smart contract audited by CertiK
  • Token Standard: ERC-20 (Ethereum network)
  • Storage Recommendations: Hardware wallet (e.g., Ledger, Trezor) or reputable crypto exchange with robust security measures
FAQs
  • What is the primary use case of APX Coin? APX Coin serves as a utility token within the APX ecosystem, facilitating trading, liquidity provision, staking, yield farming, governance, and mobile app access.
  • What sets APX Coin apart from other cryptocurrencies? APX Coin combines the utility of an exchange token with the versatility of a staking asset, enabling users to unlock various benefits within the APX platform.
  • Is APX Coin a good investment? The investment potential of APX Coin depends on factors such as market conditions, adoption rate, and platform development. Assess your risk tolerance and investment goals before making a decision.
  • Where can I buy APX Coin? APX Coin can be purchased on APX Exchange, APXSwap, and other cryptocurrency exchanges that support the token.

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