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