Introduction to the UEEx Exchange Platform Token

Source Livebitcoinnews

UEEx is set to launch its platform token, UECoin (UE), on July 18, 2024. This article provides a detailed overview of UECoin’s design objectives and acquisition methods.

What is UECoin?

UECoin (UE) is a cryptocurrency designed to support the trading ecosystem of UEEx. The total supply of UE is strictly limited to 10 billion tokens, aiming to become one of the most popular functional tokens worldwide. UE can be traded like any other cryptocurrency and offers a wide range of applications and use cases.

Token Details

▪ Presale Price: 0.001 USDT

▪ Total Supply: 10 Billion UE

▪ Circulating Supply: 1.5 Billion UE

▪ Blockchain: BSC Chain

▪ Blockchain Explorer: https://bscscan.com/token/0xEEE7a9d803a130760D5086d197f111d6F34194D2

Token Distribution

▪ 15% for User Presale (1.5 Billion UE)

▪ 75% for Mining Rewards (7.5 Billion UE)

▪ 10% for Ecosystem Development (1 Billion UE)

Fund Allocation

▪ 35% for platform and system upgrades, including team recruitment, training, and development budget.

▪ 50% for platform brand promotion and marketing, including ongoing blockchain innovation, education, advertising campaigns, and attracting active users to the platform.

▪ 15% as reserves for potential emergencies or unforeseen situations.

UE’s Value and Buyback Plan

UECoin provides various utilities on the UEEx platform, including:

▪ Trading Fees

▪ Withdrawal Fees

▪ Listing Fees

▪ Other Fees

Every quarter, UEEx plans to use 20% of its profits to buy back UE and burn them until 50% of the total supply (5 billion UE) is repurchased and destroyed. All buyback transactions will be transparently recorded on the blockchain.

UE’s Use Cases

▪ Fee Payments: UE can be used to pay trading fees, withdrawal fees, listing fees, and more.

▪ Token Sales: UE holders can participate in various token sales.

▪ Fee Discounts: Holding UE provides discounts on trading fees.

Fuel Fee Burn Mechanism

A fixed percentage of the trading fees, determined by the community, will be burned as fuel fees. This mechanism helps in reducing the circulating supply, adding value to the remaining tokens.

How to Acquire UECoin on July 18, 2024

There are two primary ways to acquire UECoin:

1. Participate in the IEO Presale on UEEx:

▪ Directly participate in the Initial Exchange Offering (IEO) presale on UEEx. This is an excellent opportunity to purchase UECoin at the presale price of 0.001 USDT per token. The IEO presale will launch on July 18, 2024, at 19:59 (UTC 4).

2. Earn UECoin through the Telegram Mini Program “UECoin Miner”:

▪ Earn UECoin through the innovative UECoin Miner Telegram mini program. This method allows users to interact with the mini program to collect UECoin. A certain amount of UECoin or USDT is automatically generated every minute, and users can collect it by simply clicking. Expanding your territory within the mini program can increase your collection opportunities.

▪ Telegram Mini Program Link: https://t.me/UEEx_Miner_bot

Trading Pair Listing

The UECoin (UE) trading pair will be listed on UEEx’s spot trading platform on July 22, 2024, at 19:59 (UTC 4), allowing users to trade and exchange UECoin.

Conclusion

The introduction of UECoin marks a significant milestone for UEEx, promising a more streamlined and efficient trading experience. As UEEx continues to innovate and expand its offerings, UECoin is poised to play a crucial role in the platform’s growth and user engagement.

Stay tuned to UEEx’s official media for the latest updates, and be ready to participate in the presale on July 18, 2024. Thank you for reading!


The post Introduction to the UEEx Exchange Platform Token appeared first on Live Bitcoin News.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold sinks as risk appetite improves on Trump-Powell calm, China tariff relief hopesGold prices plunged more than 2.50% on Wednesday as risk appetite improved due to a possible de-escalation of US-China tensions and US President Donald Trump's statement that he doesn’t plan to fire Federal Reserve (Fed) Chair Jerome Powell.
Author  FXStreet
Yesterday 01: 32
Gold prices plunged more than 2.50% on Wednesday as risk appetite improved due to a possible de-escalation of US-China tensions and US President Donald Trump's statement that he doesn’t plan to fire Federal Reserve (Fed) Chair Jerome Powell.
placeholder
Bitcoin Price Stabilizes After Surge — Is It Gearing Up for Another Leg Up?Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term.
Author  NewsBTC
Yesterday 03: 22
Bitcoin price is moving higher above the $93,200 zone. BTC is consolidating gains and might continue higher above the $94,000 zone in the near term.
placeholder
Gold price bulls could regain control amid fading US-China trade deal optimismGold price (XAU/USD) attracts fresh buyers during the Asian session on Thursday, reversing the previous day's heavy losses and snapping a two-day losing streak to the $3,260 area or the weekly low.
Author  FXStreet
22 hours ago
Gold price (XAU/USD) attracts fresh buyers during the Asian session on Thursday, reversing the previous day's heavy losses and snapping a two-day losing streak to the $3,260 area or the weekly low.
placeholder
Forex Today: Easing geopolitical tensions support USD ahead of mid-tier dataThe US Dollar (USD) stays resilient against its peers early Thursday after posting gains for two consecutive days.
Author  FXStreet
20 hours ago
The US Dollar (USD) stays resilient against its peers early Thursday after posting gains for two consecutive days.
placeholder
Gold price snaps selling off after fresh Trump comments on tariffsGold price (XAU/USD) is turning positive, recovering above the $$3,300 level at the time of writing on Thursday after two days of firm selling pressure since it topped at $3,500 on Tuesday.
Author  FXStreet
18 hours ago
Gold price (XAU/USD) is turning positive, recovering above the $$3,300 level at the time of writing on Thursday after two days of firm selling pressure since it topped at $3,500 on Tuesday.
goTop
quote