FLEX Coin is the coin that powers the CoinFLEX exchange and the cornerstone of the CoinFLEX ecosystem. We have designed incentives leading to a strong demand for FLEX, as well as burning FLEX with some of our profits to reduce supply.
CoinFLEX has some of the lowest derivatives and spot fees in the entire industry. Our fee tiers are based on how much FLEX a user is holding and staking. A negative sign in from of a fee means that a user will be paid a rebate for being a “Maker”. All discounted fees will require payment in FLEX. Rebates will also be made in FLEX. Payments conducted in FLEX only are highlighted in purple below.
Any user can also buy and sell amounts (including fractional amounts) of FLEX Coins on the exchange’s FLEX/USDT orderbook.
Use cases of FLEX Coin
CoinFLEX plans to add different privileges and special features over time to users who hold FLEX Coins.
CoinFLEX Options - A new way to trade crypto
Lower Trading Fees and Fees Rebate
Upgrading your FLEXVIP tier by holding FLEX to enjoy a discounted fee schedule which even offers you a rebate in Maker trades.
Post Margin in FLEX
FLEX Coin can now be used as collateral to trade futures.