On 13th of May, X-Hive, a crypto-to-crypto exchange with advantages of both Decentralized exchange (DEX) and Centralized exchange (CEX), will launch the pre-IEO of the BEXAM token ($BEXAM) with 10% discount. Users are able to purchase $BEXAM with Bitcoin (BTC) on X-Hive exchange with this discount until the 20th of May. The second phase of the $BEXAM IEO is scheduled to start on the 27th of May.
What is Bexam?
Bexam, the next generation blockchain/DAG hybrid platform, is focused on providing a solution for large enterprises worldwide using blockchain. A solution for cross-industry platforms operating multiple transactions on the same chain, solving speed and scalability issue. Bexam builds custom applications for enterprises with distributed ledger technology using the Grid Ledger System (GLS). In the GLS network, this technological system gives roles to each individual nodes; similar to the process of sharding, by formulating a node hierarchy consisting of Super Nodes, Master Nodes, and Normal Nodes and Signal Nodes. This system is able to conduct optimization through data sharing and parallel processing in transactions, which is suited for DEXs as they are slower in speed compared to CEXs. As such, X-Hive Exchange is the first to be on the Bexam network.
BEXAM Token Utility
The functions of $BEXAM are as follows:
- Master Node and Super Node staking/rewarding
- Smart money
- Functional cryptocurrency
Merit of holding the BEXAM token
- Owning the $BEXAM gives you ownership of the Master and Supernodes; 500,000 $BEXAM for a Master Node, 100,000 $BEXAM for a Super Node.
- Users will receive a 50% discount on the trading fee, by using $BEXAM to pay for the trading fee on X-Hive exchange, starting from the official launch of X-Hive.
During pre-IEO starting 200,000 USD worth of $BEXAM will be distributed on X-Hive.
10% discount from 0.12 USD = 1 $BEXAM
X-Hive exchange is scheduled to be officially launched in June 2019, which is when $BEXAM will be available to be traded on X-Hive.
X-Hive benefits from Bexam’s unique technology; Not only does X-Hive solve the scalability issue present in decentralized exchanges, but also maintain a very high transaction speed of up to 40 million TPS. X-Hive can pair up any coin/token even with different original blockchain. With this, X-Hive aims to operate as the exchange with the most pairs in the world.
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