Hello Traders,
IMPORTANT UPDATES (Read till the end)
The journey of success is not an easy one... Its journey for the strong and not the faint-hearted, it is a journey filled with uncertainties as you never get to know what youβll meet along the way.
Since our last maintenance in July, weβve received a lot of complaints from traders saying they find it difficult to access our site and that it goes blank on them.
Yesterday, we successfully fixed this issue but then, we started experiencing HOST OUTAGE ISSUE. WE have communicated this problem to our host and they are looking into it.
It is worthy of note that exchanges run two kinds of maintenance.
1. Planned maintenance
2. Routine maintenance
Planned maintenances are heavy and are planned for ahead of time and so users are communicated as the site may go offline while the maintenance is ongoing.
Routine maintenances are minor and happen every day for any system to be ongoing.
The current issue wasnβt a planned maintenance else we could have notified you earlier. We successfully ran the rioting maintenance and fixed the issue but then, we started experiencing the server breakdown issue which has taken a longer period of time to fix because we want to fix it permanently.
We are sorry for the inconveniences we might have caused you.
Now to the brighter side πππ
We are going DEFi!!!
We are transitioning from just an exchange to a super DEFi machine. Once the upgrade is over, you will notice a whole lot of changes such as:
1. Our 7DEFi tokens will be live and all those who predicted right will be rewarded. ππ
2. Quick Buy & Sell will be transformed to BitSWAP (Which functions like UNISWAP) where you can start swapping your favourite DEFi TOKENS.
3. If you have a lot of referrals, you will start making money when any of your referral SWAPS any DEFi TOKEN.
4. Our STAKING FEATURE will be transformed to LIQUIDITY FARMING: Here, you can farm any DEFi TOKEN of your choice and earn whenever anybody swaps the coin you farmed on our exchange irrespective of whether you have any referral or not!
5. Staking function will be upgraded to on-chain. This means that you only need to hold a certain amount of certain coins in your balance and you will be rewarded monthly.
Eg. If you are holding up to 5 DASH in your balance, at the end of the month you will be rewarded with 3% in ETH or BTC or BNB.
6. TATCOIN Staking will be live
7. Our TRADING COMPETITION and REFERRAL CONTEST will be back in full force!!!
8. Our DEFi TOKEN will be live!!! We are excited about this one.π π€©π€©π€©
Token name: BitDEFi
Token symbol: BFi
Token supply: 200,000 BFi
Token listings: BITFXT, UNISWAP, BITSWAP and one of (P2PB2B, EXRATES, BIDESK or EXMARKETS)
Token will be burned systematically thereby constantly reducing the supply and making it super scarce
We will be smart dropping BFi to our loyal traders who have up to 10,000TAT or 20,000 BXT or 0.1BTC or 5ETH or N500,000 in their balance.
50,000 BFi will be up for private sale which kicks off on Monday at the price of $15/BFi and public sale of 50,000 BFi will kick off at $20/BFi.
In order to achieve full decentralization, BFi will be listed on UNISWAP!!!!
Our mobile app for android users will be up in exactly one month time... we are taking our time to perfect the exchange so we can easily move the features to the APP too... good things take time you know π .
There are lots of updates but we canβt exhaust them here... We will keep you updated as we move.
Stick around, The BEST IS YET TO COME!
Best Regards
Franklin Peters
Founder/CEO (Bitfxt Technology)