CoinEx Token - CET
A Value-added Services & Privileges Scheme
CoinEx Token - CET
A Value-added Services & Privileges Scheme
What is CET?
CoinEx Token (CET) is an official value-added services and privileges scheme based on CoinEx exchange platform. The token is issued on Ethereum ERC 20 protocol and will be launched on a public CoinEx Chain in the future. The total CET supply is fixed at 10 billion. CET represents exclusive services and privileges on CoinEx.com and can be used in diversified scenarios.
Application of CET
Repurchase plan
CoinEx will buy back and "burn" CET with 20% of its quarterly profit at the end of each quarter
Deducted as trading fees
CET can be deducted directly with the same market value as trading fees
Trading on CoinEx
CoinEx will release CET/BCH, CET/BTC, CET/USDT etc. trading pairs
VIP services and privileges
CET can be used to buy VIP qualifications and the privileges therein
Promotional campaign rights
CET holders will enjoy special rights for promotional campaigns on CoinEx
Voting rights for new token listing
CET holders can vote for new tokens they want listed on CoinEx
Dedicated API service
CET can buy dedicated API service to upgrade trading efficiency
"Gas" for decentralized exchange
CoinEx will build a decentralized exchange in the future which uses CET as "gas"
Distribution Plan
*An initial 10% of total will be distributed to all CoinEx users free of cost in Feb 2018.
*An initial of 20% CET held by CoinEx team will be released, followed by an annual release of 20% in four years.