BTSE will add FUNToken (FUN) onto its platform on July 27, 2023, adding to its users’ selection of quality digital assets. Additionally, FUN will be listed on BTSE’s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade FUN via the FUN/USDT and FUN/USDC trading pairs.
Key Dates
1. Deposits enabled: 8:00 AM (UTC) on July 26, 2023 (supported network: ERC-20)
2. Trading enabled: 8:00 AM (UTC) on July 27, 2023
3. Withdrawals enabled: 8:00 AM (UTC) on July 28, 2023
FUNToken: Designed for a Digital Gaming Age
FUNToken is a project specifically developed to cater to the needs of the online gaming and gambling industry. Powered by the Ethereum blockchain, FUNToken leverages advanced technology to offer an enriched gaming experience for players, platforms, and developers alike. It is an ERC20 token that also includes a Layer 2 token, XFUN, on Polygon, which enhances transaction speed and simplicity.
The benefits of FUNToken are multifold:
1. Fast: FUNToken, especially with its XFUN Layer 2 token, supports rapid wallet-to-wallet and in-game transactions. This helps reduce waiting time and enhance the gaming experience.
2. Transparent: All transactions within the FUNToken ecosystem are decentralized, recorded publicly, and can be tracked, providing unprecedented transparency.
3. Seamless: The synergy of Ethereum and Polygon in the FUNToken design ensures smoother and faster processes.
4. Open: FUNToken’s ecosystem invites players, dApps, and developers to tap into its benefits, promoting wider usage and development.
5. Secure: Anonymity is central to FUNToken ownership, offering secure gaming experiences to users.
What Traders See in FUN
FUNToken has an interesting approach to ensuring the sustainability and appreciation of its value over time. It involves a strategic quarterly burn of 50% of any profits, a move that could potentially drive up the value of the token.
Furthermore, FUNToken aims to reduce friction between operators and players, giving the custody of players’ funds back into their hands, which is a significant shift from traditional practices. The gas-free operation on Polygon, available via mobile wallets, provides a scalable and robust mechanism to access decentralized applications.
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Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
