Introduction to the UEEx Exchange Platform Token
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:
- Participate in the IEO Presale on UEEx:
▪️ Directly participate in the Initial Exchange Offering (IEO) presale on UEEx. This is a prime opportunity to purchase UECoin at the presale price of 0.001 USDT per token.
- 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 on July 22, 2024, 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!
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
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Gregory, a digital nomad hailing from Poland, is not only a financial analyst but also a valuable contributor to various online magazines. With a wealth of experience in the financial industry, his insights and expertise have earned him recognition in numerous publications. Utilising his spare time effectively, Gregory is currently dedicated to writing a book about cryptocurrency and blockchain.
