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BUSDX to Be Listed at Pancakeswap on 22nd November

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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

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Victory Square Technologies Reports 2023 Financial Results

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Blockchain

United States B2C E-Commerce & Online Payments Market Report 2024 – Retail E-Commerce Sales are Poised to Surpass EUR 1.5 Trillion by 2027

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Blockchain

MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase

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MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.

MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.

MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.

Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.

Source: crypto.news

The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.

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