The First Exchange Token on Liquid
The BTSE Token is the first exchange token issued on the Bitcoin sidechain-enabled settlement network Liquid. Issuing assets on Liquid is particularly attractive because of its properties:
Expedited Settlement Times
Liquid facilitates one-minute block times with two-minute transaction finality.
Confidential Transactions
While transactions are publicly visible, both the transaction amount and asset type of any Liquid transaction is obfuscated for everyone outside of the involved parties.
BTSE Token Specifics
- Issuance: 200M tokens, with 5M tokens tradeable within the first six months after launch
- Issuing Platform: Liquid Network
- Public Sale Date: March 5th, 2020, 12pm UTC
- Public Sale Amount: 1m tokens
- Public Sale Initial Price: $2
- Maximum Purchase Per Verified Account: 25,000 tokens
BTSE Token Benefits
Here’s how you’ll be able to use the BTSE token:
Save
With the BTSE token, you can save up to 60% on your trading fees depending on your token holdings and trading volume.
Earn
- Increase your referral bonus up to 40% based on your token holdings.
- Unlock bonuses during campaigns and contests.
- Enjoy increased limits and rebates on selected services.
Spend
You will be able to use the BTSE token to purchase a variety of products and services within the BTSE ecosystem, such as:
- Platform Services
- Advanced Trading Functions
- Listing Fees
- And more!
Trade
You can trade the BTSE token on BTSE’s spot market and use it as collateral and margin on all your trades.
We designed the BTSE token to augment your user experience in all aspects of the BTSE Ecosystem. We are excited about this next step in the growth of our platform and happy to continue this journey together with you.
For more information on the BTSE token, click here.
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at feedback@btse.com or on Twitter @BTSE_Official.
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.
