Description
XFUEL is the trader token of BUSDX, that fuels our product ecosystem. The revenue that is collected through the Centralized Exchanges will be used to FUEL the BUSDX Ecosystem. We will use these funds to buy the native BUSDX token to maintain the staking pool supply. This will result in an increase in the price of BUSDX, while also providing extra passive income to holders in BUSD. The XFUEL revenue will also be used to BURN a portion of the existing BUSDX supply. This deflationary process will make the BUSDX token more scarce over time. The XFUEL token will also be used as an alternative payment method for Xpay.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, BUSDX Fuel has established itself as a formidable player. It is currently ranked #16,087 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in BUSDX Fuel as a viable digital asset.
Buy & Sell Taxes
When trading BUSDX Fuel, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for BUSDX Fuel is 0.24%, while the sell tax is 0.00%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of BUSDX Fuel consist of a total supply of 3,000,000 tokens, out of which 2,999,936 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your BUSDX Fuel tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade BUSDX Fuel, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in BUSDX Fuel with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.
