What is KiloEx? Derivative DEX exchange invested by Binance Labs

KiloEX, which originated from BNB Chain’s MVB VI program designed to promote the development of Binance Smart Chain, is a notable project that emerged victorious and received an investment from Binance Labs. To learn more about KiloEX, read the article below on 247BTC.

What is KiloEx?

KiloEX is a derivative-friendly DEX platform that prioritizes risk management and capital efficiency for its users. The platform offers a swift trading experience and an intuitive interface with various trading pairs. Additionally, KiloEX facilitates liquidity providers with neutral risk positions and user-friendly solutions.

What is a derivative DEX and what is the difference between it and exchanges like Binance/OKX?

A decentralized derivative exchange, referred to as a DEX, is a non-centralized trading platform that enables the trading of various types of derivative instruments. In comparison to centralized exchange platforms like Binance and OKX, a DEX derivative exchange is more transparent and publicly accessible, as users are not required to trust the exchange and can participate in trading directly through the use of smart contracts, ensuring the fairness of transactions.

Moreover, DEX derivatives offer more innovative and flexible trading methods, such as leveraged trading and perpetual contracts.

How is KiloEx different from other derivative DEXs on the market?

KiloEx places greater emphasis on providing users with a positive experience by presenting a user-friendly interface and transaction methods. Additionally, KiloEx has implemented incentivizing mechanisms to encourage user participation through copy-trading, trading mining, and trading competitions.

KiloEx offers a diverse range of transaction assets and flexible trading methods, such as forex, to cater to the varying needs of users. Additionally, KiloEx provides relatively low transaction fees to help reduce costs for users.

Information about KiloEX Token

After conducting research on KiloEX, we invite you to delve further into the topic by reading additional information about the KiloEX project token with 247BTC Info

Token Metric

• Token name: KILO token.
• Ticker: KILO.
• Blockchain: ERC20.
• Contract: Updating…
• Token type: Governance, Utility.
• Total Supply: 1,000,000,000 KILO.
• Circulating Supply: Updating…

Token Allocation

• Team: 20%.
• Private sale: 10%.
• Strategic sale: 10%.
• Advisor: 5%.
• Ecosystem: 34%.
• Airdrop: 10%.
• Staking reward: 10%.
• Liquidity provider: 1%.

KiloEx Token Release Schedule

Roadmap

• 03/2023: Release Alpha Version / Core Trading Module
• 05/2023: Release Testnet / Bug Bounty
• 06/2023: Contract Audit/ Decentralized Referral / Multi-language Support / Mainnet Launch
• 07/2023: Secondary Audit / Decentralized Copy Trading / Email Notification
• 08/2023: Hedge Tool / Release Forex&Stock
• 10/2023: TGE

KiloEx Genesis pass

1. Distribution quantity: 10,000 KiloEx member NFTs
2. Distribution method: Free Mint (whitelist)
3. Tradable or not: Yes, royalties will go to the operation, and sales fees will go to the vault
4. Is there a mechanism for upgrading or downgrading: Yes
5. Ownership Benefits:

• • Rate discount
    • Up to 20% discount on trading fees
  • Referral commission increase
    • Up to 20% increase in referral commission
  • Staking yield increase
    • Up to 20% increase in staking yield of $KILO
  • Token airdrop
    • $xKILO token airdrop
  • Copytrading related
    • Follower limit for copytraders increase
    • Commission percentage range for copytraders increases to 20% (default within 10%)

Investors and partners