Website

BitForex (BF)

ICO

Last updated: Feb 28, 2021

BitForex is an cryptocurrency exchange, licensed in EU, providing a variety of crypto-currency trading pairs against USDT.

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Overview

Project industry	Exchanges & Wallets
Product type	Platform
Whitepaper	Open

What is BitForex

BitForex is a digital assets trading platform. It has currently users in more than 86 countries. BitForex now provides transaction services for more than 100 kinds of currencies currently, and will launch digital financial derivatives successively in early July 2018, such as futures contracts, option contracts, etc. to create a digital asset derivative ecosystem. The BitForex trading system can steadily process mega-level transactions per second, and the platform uses ODAT protected by proprietary intellectual property rights to develop the full cold wallet, which allows efficient token circulation under the premise of protecting users assets. BitForex also has a proactive monitoring system for its digital assets and blockchain.

Token info

Ticker: BF
Token standard: ERC-20
Funds allocation:
40% Transaction and mining
24% Ecological Welfare
20% Team incentives (lock up for 4 years, and release 5% yearly)
8% Private placement subscription
8% Cornerstone investment