BXA (Blockchain Exchange Alliance Token) is a private placement platform token issued by Bithumb Exchange. Bithumb intends to build a global exchange alliance through BXA Token.
BXA token is the medium of value exchange in the Blockchain Exchange Alliance ecosystem led by the exchange Bithumb. It has the following four functions:
a) Transaction utility, which can be used to deduct transaction fees and serve as a benchmark transaction pair, Used to vote on the currency
b) Public chain utility, can be used for transfer fees during public chain interaction, discounts for clearing and settlement fees, mortgage to create business
c) Exchange alliance autonomy and expansion, can be used for BXA ecological autonomy and Ecological security, create a distributed centralized or decentralized exchange
d) Payment utility, direct payment, hold to join the payment network, enjoy fee discount