6.1.2 FLEX Coin Utility

  • Currently our exchange fees are paid in FLEX, so to trade the user must have FLEX balance, FLEX can be bought on our FLEX/USD spot market as well as a few external exchanges.
  • Fees are progressively reduced the more FLEX a user holds. The fee schedule is shown here:https://coinflex.com/fees/.
  • FLEX can be staked on FLEXDAO, which is found on SmartBCH. Stakers will receive 10% of CoinFLEX profit and 10% of CoinFLEX revenue everyday.  
  • FLEX can be used as some or all trading collateral for trading in other markets.
  • FLEX is used as collateral for trading various trading pairs on the FLEX Options trading platform.
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