FLEX Coin FLEX current price is $2.730 with a marketcap of $215.03 M. Its price is 1.07% up in last 24 hours.
FLEX Coin is the trading token of CoinFLEX. $FLEX is generated via “trade mining”, which means FLEX Coins will be issued to traders based on their “Taker” volume. We qualify any volume where the order is removing liquidity from the orderbook by trading against an existing order and is considered a “Taker”. The amount of FLEX that a user is awarded is equal to the amount of coins we issue that day, multiplied by the user’s Taker volume that day, divided by the total amount of Qualifying Volume on the platform*. Qualifying Volume includes volumes in XBT/USDT Futures.*Daily Rate X (User’s Taker Volume / Qualifying Platform Volume) = Number Of Coins Issued To User For The DayTraders can spend 100 FLEX to cut their trading fees in half. After redeeming 100 FLEX, which is then burnt and removed from circulation, that user’s trading fees are reduced by 50% for a 24 hour period, strictly measured from noon UTC to noon UTC.Reduced trading fees via burning FLEX come in the form of a rebate paid back to your account in whichever asset the use paid fees in.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.