IXFI, a Gen 3.0 crypto exchange and global financial superstore, has proudly announced the official launch of their native token. This launch represents another big milestone in IXFI’s mission to bring more convenience to its users while building a vast ecosystem. IXFI takes a user-first approach to provide the most convenient and enjoyable crypto spending experience out there. It is used by over 1 million users in over 160 countries.
IXFI takes great pride in being one among the earliest exchanges to introduce a unique Rewards Program. This campaign informs users about the initiative while incentivizing them with free crypto for their everyday engagement with the platform and its services. The platform's rating system simplifies the process of identifying suitable payment providers for each transaction, further streamlining the user experience.
IXFI has been actively running for more than 4 years. Over this span, it has established a trusted history, demonstrating massive growth and constantly widening its trading offerings. The exchange now has more than 400 cryptocurrencies available. And with support for over 2,000 different trading pairs, it’s one of the most versatile platforms available.
“The IXFI Token is here, four years in the making and now at the core of everything we do. It’s the engine behind the vision, the fuel of IXFI’s ecosystem, and the foundation for what’s soon to become the No.1 fintech platform in the financial industry, far beyond just a crypto exchange.” - Cristian Andrei, CEO and Co-Founder of IXFI.
IXFI is working on new features like staking and a launchpad to encourage more organic growth in anticipation of increased traffic from all this growth. Staking allows users to stake or lock their tokens in return for additional rewards. In addition, the launchpad provides unmatched access to participate in new crypto projects at their ground floor.
IXFI started as a self-financed initiative, and more than $20 million of proprietary capital has already been invested. That financial stability has allowed the platform to concentrate on long-term development and innovation.
IXFI is dedicated to guaranteeing that we abide by standards. We comply with all applicable law in the European Union, including all provisions of the Markets in Crypto-Assets (MiCA) Regulation. This commitment makes the Zoop trading environment secure and compliant for all of their users.
To stabilize the token supply and enhance value for its holders, IXFI implements a buyback and burn mechanism. This combination allows this system to independently use 25% of the company’s quarterly profits to repurchase tokens and destroy them, permanently taking them out of circulation.
Implemented through a buyback and burn mechanism, this system will reduce the total supply of tokens from 5 billion to 2.5 billion. This move will actually reduce 50% of the tokens in circulation. This second measure is intended to make tokens scarce thereby increasing the value of the tokens that remain in circulation.
