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JEX tokens are tokens issued by the JEX platform. JEX is based on the Ethereum blockchain ERC 20 standard token. The total amount is constant at 2 billion, and there will never be additional issuance. Tokens can be used to deduct handling fees, repurchase rights, variety issuance rights, priority subscription rights, income sharing rights and other uses.
Fee discount: Participate in Binacne JEX [Coin Trading] and [Option Trading] and use JEX token to offset the handling fee, you will receive a 50% discount on the handling fee.
Option issuance rights: Participating in the issuance of options on the Binance JEX platform must use JEX tokens as collateral before participating in the issuance.
Investor Protection Fund: JEX tokens recovered by the platform at the handling fee and JEX tokens repurchased will be injected into the Investor Protection Fund and frozen.
Contract Insurance Product Discount: Purchasing contract insurance products with JEX tokens will receive a 10% discount on price. (In development)
Contract product launch rights: Holding and freezing a certain number of JEX tokens will allow you to apply for launching a new contract product and obtain a part of the transaction fee income of the contract product.
Option product online equity: Holding and freezing a certain number of JEX tokens will be able to apply for launching new options products and obtain a part of the fee income of the option product.
Other innovative product offers: In the future, those who hold JEX tokens and participate in innovative product transactions will receive corresponding price discounts (under planning).