EXTO+ Now Available for Trading on LBank Exchange

WTS Capital
Tech
November 30, 2024

In a significant development for cryptocurrency enthusiasts, LBank Exchange has officially listed EXTO+ (Exchange Token Plus) for trading as of November 29, 2024. This new trading pair, EXTO/USDT, is now accessible to users on the platform, marking a notable addition to the growing digital asset landscape.

Key Takeaways

  • Launch Date: EXTO+ was listed on November 29, 2024.
  • Trading Pair: Users can trade EXTO+ against USDT.
  • Blockchain Technology: EXTO+ operates on the BNB blockchain using the BEP-20 token standard.
  • Investment Opportunities: The platform combines staking and crowdfunding to empower investors.

Overview of EXTO+

The EXTO+ project aims to bridge the gap between digital asset management and community-driven funding. By leveraging blockchain technology, it provides a transparent and efficient platform for users to engage in various projects. This initiative is designed to offer stable returns while mitigating the risks associated with market volatility.

Features of EXTO+

  1. Staking Mechanism: Users can lock their tokens for a specified period to earn rewards, incentivizing long-term participation.
  2. Community Engagement: Investors are actively involved in the projects they support, fostering collaboration and trust.
  3. Flexible Reward Structure: Rewards are tied to the performance of the underlying projects, with a minimum return guaranteed if benchmarks are not met.

Tokenomics of EXTO+

The EXTO token is central to the EXTO+ ecosystem, designed as a revenue-type reward token. Key aspects include:

  • Total Supply: Capped at 1 billion tokens.
  • Profit Dividends: 84% of the token supply is allocated for profit distribution.
  • Marketing and Team Rewards: Additional portions are reserved for promotional activities and team incentives.

The Role of LBank Exchange

Founded in 2015, LBank Exchange has established itself as a leading platform for digital asset trading, offering a range of financial derivatives and asset management services. With over 12 million users globally, LBank is recognized for its commitment to supporting the crypto community and facilitating the trading of emerging altcoins.

Conclusion

The listing of EXTO+ on LBank Exchange represents a significant step forward in the evolution of digital asset trading. By combining innovative features such as staking and crowdfunding, EXTO+ aims to create a sustainable ecosystem that benefits both investors and project developers. As the cryptocurrency market continues to evolve, platforms like LBank play a crucial role in fostering accessibility and growth within the industry.

Sources

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