Conflux (CFX) Trading To Commence on Nov 11th 8:00 AM & Conflux (CFX) Deposit Competition Is Underway
Gate.io is going to commence Conflux (CFX) trading on November 11th, 8:00 AM UTC. At the same time, we are holding a CFX deposit competition.
About Conflux (CFX)
Conflux Network is a decentralized blockchain project, which uses PoW consensus mechanism and a Tree Graph architecture to deliver a network with high throughout and contract functionalities for Dapp development. According to its economic whitepaper, the initial supply is 5 billion CFX, which will be released gradually. Besides the initial supply, there will be mining reward following the launch of mainnet. As to the initial 5 billion, 1.8 billion is for genesis team, 0.6 billion for private equity investors, 0.2 billion for foundation, 0.4 billion for community fund, and 2 billion for eco fund. The private offering price is $0.1USD ( Due to a lack of information available regarding the CFX private sales, we here only list the price as disclosed on its whitepaper. Please do your own research.)
The initial supply, except for the portion for private equity investors, are all held and managed by the project team and foundation. The token holding is highly centralized, which might have significant impact on the market as the token releases.
Learn more at its website: https://confluxnetwork.org
CFX Deposit Competition
Until Nov 18th, 8:00 UTC, the first 100 users who have deposited CFX to Gate.io can earn a reward of 20 Gate.io Points. First-come, first served.
The top 100 users by net CFX deposit (deposits minus withdrawals) can attain an extra reward of 50 Gate.io Points.
About CFX Trading
CFX trading will commence on November 11th, 8:00 AM UTC.
Important notice: According to the CFX Economic Whitepaper, the initial supply, except for the portion for private equity investors, are all held and managed by the project team and foundation. The token holding is highly centralized, which might have significant impact on the market as the token releases. Please beware of the risks and invest within your financial capacity. Always remember that you are solely responsible for your portfolio. Gate.io issues a risk warning, we are not accountable for any loss incurred by your investment decisions.
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
November 11, 2020