First Insights of EliteX Coin (EXT)
EliteX announced the launch of its exchange currency and asked to its users their preferences for the design of EXT.
The features of EXT token are still in development and EliteX is interested to know which ones are the most preferred by its users.
The survey aims to understand which value proposition will prevail on EXT: if design it as a form of reward for community activities, if set the token as a reduction of transaction fees and to get referral bonus or make EXT a core element for EliteX staking services.
Join the questionnaire: https://uag6cw.fanqier.cn/f/fdcrbqhv
Answering to the survey, users get a reward of 500 EXT, but there are some extra bonus in form of lucky draw: the 5th responder receives 2.000 EXT, the 50th gets 20.000 EXT and the 100th is rewarded with 40.000 EXT.
The promotion is active from September 24th until September 29th. You have to finish your KYC procedure in order to get eligible to receive the prizes.
In addition to this initiative, EliteX recently listed EOS on the exchange, adding another DPoS coin to its database. EOS is a blockchain (with its related crypto) that was launched in 2017 by Daniel Larimer (the founder of BitShares and Steem project). EOS’s ICO reached the incredible amount of $4 billion over the full year, raised through a Dutch Auction system.
— EliteX Exchange (@elitexcrypto) September 20, 2019
EOS has some distinctive features: the finalization of a transaction happens in about 2 minutes; there are no mining fees; the token is used by developers to obtain resources to run their dApps; the tokens play a very important role in governance, as stakeholders can vote for block producers who run the network.
Programmers can develop dApps using any WebAssembly programming languages in EOS (eg. C++, Java, Python) while in Ethereum they have to use the native programming language, Solidity.
In order to better serve customers and ensure the basic operation of the platform, EliteX will start collecting trading fees (0.2%) on October 1st. EOS/BTC exchange pair will remain free until October 11th.