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Highlights:
- Bibox is an AI-powered crypto trading platform launched in 2017.
- Its current market capitalization is US$2.03 million.
- Bibox’s daily spot trading volume exceeds US$1 billion.
Bibox token (BIX) rose 1.31% on Monday in contrast to the global crypto market’s nearly 4% slide to US$911.79 billion market capitalization.
The BIX token traded at US$0.02377 at 3:55 am ET on Monday. Bibox (BIX), an AI-powered crypto trading platform, gained attention after it listed several tokens lately.
Rocket Video Token (RVT) is the latest crypto slated for listing on Bibox on July 12 under the trading pair RVT/USDT. RVT enables digital artists and video creators to monetize their work.
The deposits will start a day prior, and withdrawals will begin on July 12, 2022.
Another possible reason for the interest in the BIX token is the scheduled announcement of a winner of a contest this week to celebrate Bibox’s partnerships with meme token Captain Planet and the multichain metaverse video game Celestial.
The rewards include 1,000 USDT red envelopes from Bibox, 200 NFTs from Celestial, and 10 tickets to the Planet Captain cruise party.
What is Bibox (BIX)?
Bibox is a crypto trading platform launched in 2017. It is one of the few blockchain enterprises to obtain the Swiss VQF license. VQF is a self-regulatory Swiss financial industry association. The platform offers a variety of trading options, listing programs and customer services.
Bibox has launched 579 cryptocurrencies and 826 trading markets to date. Its daily spot trading volume exceeds US$1 billion. Furthermore, over one million cryptocurrency traders use the platform in 160 countries in Asia, Europe, and North America.
Bibox’s products include CopyTrading, AI-powered trading BOTs, and SELECTED. CopyTrading is a fund management strategy through which traders can share their proceeds.
The trading BOTs help users maximize their profit through advanced quantitative analysis, while SELECTED offers listing and trading services.
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BIX token:
BIX has a circulating supply of 85 million and a total supply of 235.9 million. Its current market capitalization is US$2.03 million. Its trading volume rose by 80% to US$18.29 million in the last 24 hours. BIX holders also receive benefits, such as discounts on trading fees. The token can be traded on crypto exchange s like Huobi Global, Pionex, and Bibox.
Bottom line:
The crypto market is extremely volatile; hence, investors should exercise due diligence before investing in digital assets.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.