Description
Introducing Xenon Play (XPLAY)
Xenon Play functions as the official Xenon Reward that can be generated from the Xenon Machine after activating the reward mechanism by inserting Xenon Liquidity Tokens or Xenon Pay Tokens. You can also use Xenon Play in the upcoming Xenon Pay Gaming Series such as Xenon Kart: Crypto Edition or Xenon Play: Minigames. Both games will have a Play To Earn game mode.
It?s up to each individual whether they keep their Xenon Play (rewards) to use them in the upcoming games or if they treat it like a trading crypto asset. The fact that it can be treated like a trading crypto asset also gives each individual the chance to sell their Xenon Play (rewards) whenever they want, or give other people the chance to buy Xenon Play if they would like to do so.
The total currency supply of Xenon Play exists out of 500,000,000 XPLAY. Xenon Play charges a 5% Tax Fee from each transaction. This 5% Tax Fee will be used to fund the Reward Mechanism in the Xenon Machine and Xenon Gaming Developments.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, Xenon Play has established itself as a formidable player. It is currently ranked #6,974 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Xenon Play as a viable digital asset.
Buy & Sell Taxes
When trading Xenon Play, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for Xenon Play is 0.50%, while the sell tax is 0.50%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of Xenon Play consist of a total supply of 500,000,000 tokens, out of which 499,995,289 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 Xenon Play 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 Xenon Play, 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 Xenon Play 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.
