Blockchain
BUSDX to Be Listed at Pancakeswap on 22nd November
Detroit, Michigan–(Newsfile Corp. – November 18, 2021) –
Figure 1: BUSDX to be listed at Pancakeswap on 22nd November
Benefits of BUSD Rewards
BUSD is a regulated, fiat-backed stablecoin pegged to the U.S. dollar. For every unit of BUSD, there is one U.S. dollar held in reserve. In other words, the supply of BUSD is pegged to the U.S. dollar at a 1:1 ratio. Holders can swap their tokens for fiat and vice versa.
Paxos, the project’s owner, releases monthly audits of BUSD’s reserves. As a stablecoin, BUSD is designed to maintain a stable market value. It allows investors and traders to hold a low-volatility asset on the blockchain without the need to exit the crypto space.
Rewards
With every buy/sell transaction, BUSDX redistributes 10% of the transaction in BUSD to all of the token holders directly into their wallets. This redistribution process is fully automatic, and each holder gets their share in proportion to the amount of BUSDX they hold.
Automatic Liquidity
To maintain liquidity, 3% of each buy and sell transaction is transferred to Pancakeswap. Being a BSC-based decentralized token exchange, Pancakeswap fixes low liquidity issues by using the liquidity pool concept. The most significant advantage of automatic liquidity is that your trades will always be executed successfully.
BUSDXpay
BUSDXpay is a virtual payment service that will allow you to make everyday purchases with your BUSDX tokens. By using BUSDXpay, you will also receive cash back bonuses in the form of BUSD.
BUSDXpad
BUSDXpad will focus on projects that are not able to get listed on the larger ICO platforms. BUSDX will give our holders exclusive privileges to be the first ones to participate in the private sale of upcoming projects. BUSDX holders will also get a guaranteed allocation based on their duration and number of tokens they are holding.
Taxes 18% (10% BUSD rewards, 5% marketing, 3% automatic liquidity)
BUSDX IS AUDITED AND KYC VERIFIED
BUSDX will launch on Pancakeswap Monday, November 22 @ 5pm UTC.
Tier Structure
BUSDXpad uses a 2-round system for IDO participation. The approach initially reserves an allocation for every tier, allowing for fairer distributions and purchase sizes that are worthwhile.
Reserved Allocation Round
Each tier gets a share of the total hard cap that they may purchase during the round. Users can purchase up to their tier-defined maximum allowed contribution size within that share until either the supply or time limit exhausts.
Busdx FCFS Round
Following the Reserved Allocation Round, the FCFS round immediately opens up for all BUSDX holders. All remaining tokens from Rounds 1 & 2 are available in one nonsegregated pool. BUSDX holders may purchase up to a specified maximum contribution size.
Social Media Handles:
Facebook: https://www.facebook.com/busdxcrypto
Twitter: https://twitter.com/BUSD_X
Telegram: https://t.me/busdx
Reddit: https://www.reddit.com/r/busdx/
Media Details
Company Name: BUSDX
Email: [email protected]
Website: https://www.busdx.com/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/104253
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
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