Findex crypto exchange holds presale of native token

The platform was launched in 2023. Findex offers its users a variety of features, including spot trading, cloud mining, staking, and an affiliate program. In September 2023, the pre-sale of the FNDX ecosystem native token began. During the presale, the developers managed to raise more than $650 thousand. In April 2024, the next stage – Private Sale – will start. Any user of the platform will be able to take part in the private sale.

Findex native token (FNDX)

In 2023, the developers of the trading platform announced the launch of their own cryptocurrency. Findex (FNDX) is a native ecosystem token built on the Ethereum blockchain. It is a key instrument for accessing the platform’s products and services. The asset will be used to pay commissions, participate in the management and development of the project, receive borrowed funds, and as rewards for staking and mining liquidity.

The total cryptocurrency offering is 1 billion. Of this, 25% (250 million) is allocated for tokenization for early investors.

In September 2023, the pre-sale of the digital asset began. At the time of writing the review, the developers managed to attract funding in the amount of $662.7 thousand. The terms of the presale are as follows:

• Theinitial price of the token is $0.15.
• Theminimum purchase amount is $1000.
• Themaximum deposit is $50 thousand.

By the end of the Pre-Sale, the developers plan to reach a Soft cap of $1 million. Then the next stages of the sale will begin.

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Upcoming Private Sale

The first phase of the Private Sale will begin on April 13, 2024 and will last 90 days. The Private Sale will be open to all users of the trading platform. The terms are as follows:

• Asset value – $0.2.
• Theminimum purchase amount is $1000.
• Maximum deposit – $300 thousand.

The purchased digital assets will be blocked for a year. After this period, a monthly unfreeze of 10% of the total purchase amount will begin.

Investors often participate in the pre-sale of cryptocurrency, because at this stage they can purchase tokens at a more favorable price than after their appearance on the exchange. This gives them a chance to maximize their potential profits in the future. Given that the token will be used in all existing and planned products in the ecosystem, its value can increase significantly.

To participate in the presale, all you need to do is register an account on the platform. Then you need to perform the following actions:

1. Open the FNDX Token section.
2. Select the method of purchase – from the balance of the exchange or using a non-custodial wallet, such as MetaMask. In the first case, you will need to deposit Tether stablecoin to the platform’s account.
3. On the page that opens, select the Token Sale tab.
4. Enter the amount in USDT or the number of FNDX coins.
5. Insert the address of the Ethereum wallet.
6. Click on the “Buy” button.

Keep in mind that each user can only participate in one round of sales. If an investor buys cryptocurrency at the first pre-sale stage, he will not be able to buy it again at the next one. Therefore, it is necessary to calculate the amount of the transaction at once.

Findex ecosystem

The main product is a centralized cryptocurrency exchange. The trading platform supports 71 digital assets. Among them are the popular coins Bitcoin, Ethereum, Litecoin, Cardano, Cosmos, Polygon and others.

Users of the exchange can participate in the referral program and receive up to 30% of the commission of referred clients, buy hash power for cloud mining of coins and earn on steaking. In the future, the developers plan to add liquidity mining (Mining Liquidity) and bicurrency investments (Dual Asset). In addition, a P2P platform is expected to be launched in March 2024, which will empower investors and allow them to buy and sell cryptocurrency using bank cards and payment systems.

Cloud mining

The platform allows remote mining of 6 digital assets – Bitcoin, Bitcoin Cash, Ethereum Classic, Dash, Litecoin, Zcash. Contracts from 12 to 36 months are available to cloud mining participants. The minimum investment amount is 150 USDT. This means that even novice investors can participate in cryptocurrency mining on the platform, gaining access to potentially high returns.

Tools for making money

In addition to trading and mining cryptocurrencies, the platform offers an Earn section. It presents tools for passive income – Findex Prime and “Savings”. To start earning, you need to register on the exchange and replenish your balance with digital assets.

Through the Findex Prime program, users can place their coins in staking and receive rewards. A choice of several contracts is provided. The projected annual returns are in the table.

For risk management, the platform offers to set Stop Loss and Take Profit orders. They automatically close the contract when the value of the portfolio reaches the value specified by the user.

Author: Saifedean Ammous, an expert in cryptocurrency economics.