Question 1

What is it?

Accepted Answer

**BitForex Token (BF)**
The BitForex Token (BF) is the native utility token of the BitForex exchange. It is an ERC-20 token based on the Ethereum blockchain, ensuring compatibility with a wide range of Ethereum-based services and platforms.

**BitForex Platform**
BitForex is a cryptocurrency exchange that facilitates the trading of a broad range of digital assets. It provides users with tools for spot trading, futures contracts, and other trading services. Designed with security and user experience in mind, the platform caters to both newcomers and professional traders alike.

Question 2

What is it used for?

Accepted Answer

The BF token plays multiple roles within the BitForex ecosystem:

* **Trading Fee Discounts:** Users can utilize BF to pay for trading fees on the BitForex platform, often at a reduced rate compared to other payment methods.
* **Staking:** BitForex may offer staking opportunities for BF holders, enabling them to earn rewards or interest.
* **Participation in Platform Features:** BF can be used in various features and events on the BitForex platform, such as token sales or promotions.

Question 3

Who created it?

Accepted Answer

Jason Luo is the CEO of the BitForex Token ecosystem. The BitForex Token (BF) is the native cryptocurrency of the BitForex exchange, a digital asset trading platform.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Open	24h High
1	BF-BTC bf_btc	yobit	-	0.0₇1000BTC	0.00%	0BF	0.0₇1000BTC	0.0₇1000BTC
2	BF-WAVES bf_waves	yobit	-	0.002088WAVES	0.00%	0BF	0.002088WAVES	0.002088WAVES
3	BF-USD bf_usd	yobit	-	0.0₃6119USD	0.00%	0BF	0.0₃6119USD	0.0₃6119USD
4	BF-ETH bf_eth	yobit	-	0.0₆1300ETH	0.00%	0BF	0.0₆1300ETH	0.0₆1300ETH
5	BF-DOGE bf_doge	yobit	-	0.005482DOGE	0.00%	0BF	0.005482DOGE	0.005482DOGE