March 29 Bitfinex is among the first to list BXN, the native token of the Blackfort Exchange network
In media releases
Road Town, British Virgin Islands – March 29, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, announced today that it will be among the first exchanges to list BXN, the native token of the BlackFort Exchange Network, a Layer 1 compliant blockchain. With EVM and designed for speed, security and scalability.
Launched in January 2023, the BlackFort Exchange Network is a blockchain network that facilitates the creation and management of smart contracts. It allows users to start their own projects or tokens on the blockchain without requiring advanced knowledge. BlackFort emphasizes security and uses NFTs in the network validation process. Users can acquire and share BlackFort NFTs to join the node and validator rewards program. BlackFort's Smart Chain technology enables fast, seamless and secure transfer of digital assets between parties.
BlackFort's native token, BXN, is a key utility token that is used for transaction fees and running validator nodes to earn additional rewards.
“The design and validation process of the Blackfort Exchange network is an example of the ongoing innovation happening at web3. Its focus on simplifying the creation of smart contracts and leveraging NFTs for security demonstrates a forward-looking approach. Bitfinex is pleased to be among the first exchanges to list the BXN token.” said Henry Child, Head of Tokens at Bitfinex.
BXN deposits are expected to open at approximately 10:00 AM UTC on March 29, 2024, depending on network conditions. Trading is scheduled to commence at approximately 10:00 AM on 02 April 2024, subject to liquidity requirements being met. BXN will be tradable against the US dollar (BXN/USD) and Tether tokens (BXN/USDt).
To access BXN on Bitfinex, customers can visit https://www.bitfinex.com/.
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About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services to traders and global liquidity providers. In addition to a range of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market, and margin trading for a wide range of digital tokens. Bitfinex's strategy is focused on providing unparalleled support, tools and innovation to experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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