March 29 Bitfinex was one of the first companies to list BXN, the native token of the Blackfort Exchange Network.
Road Town, British Virgin Islands – March 29, 2024 – Bitfinex (https://www.bitfinex.com/), a leading digital asset trading platform, today announced that it will be one of the first exchanges to list BXN, the native token of the BlackFort Exchange Network, a layer 1 blockchain. Compatible with EVM and designed for speed, security, and scalability.
Launched in January 2023, BlackFort Exchange Network is a blockchain network that makes it easier to create and manage smart contracts. This allows users to launch their own projects or tokens on the blockchain without any advanced knowledge. BlackFort emphasizes security and uses NFTs in its network verification process. Users can earn and stake BlackFort NFTs to participate in node and validator rewards programs. BlackFort’s smart chain technology allows digital assets to be transferred between parties quickly, seamlessly, and securely.
BXN, BlackFort’s native token, serves as the core utility token used to run transaction fees and validator nodes to earn additional rewards.
“Blackfort Exchange Network’s architecture and verification process are examples of the ongoing innovation occurring in web3. The focus on simplifying smart contract creation and leveraging NFTs for security demonstrates a forward-thinking approach. Bitfinex is pleased to be one of the first exchanges to list BXN tokens.” said Henry Child, Head of Tokens at Bitfinex.
BXN deposits are scheduled to open around 10:00 AM (UTC) on March 29, 2024, depending on network conditions. Trading is scheduled to begin at approximately 10:00 AM on April 2, 2024, subject to meeting liquidity requirements. BXN can be traded against US dollars (BXN/USD) and Tether tokens (BXN/USDt).
To access BXN on Bitfinex, customers can visit https://www.bitfinex.com/.
*All users of www.bitfinex.com are subject to the Bitfinex Terms of Service (“TOS”). Among other prohibited persons (as defined in the TOS), U.S. persons (as defined in the TOS) are strictly prohibited from holding, owning, or operating, directly or indirectly, an Account (as defined in the TOS) at www.bitfinex. .com.
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