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JEX tokens are tokens issued by the JEX platform. JEX is an ERC 20 standard token based on the Ethereum blockchain. 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, product issuance rights, pre-emptive subscription rights, revenue sharing rights and other purposes.
Handling fee discount: Participate in Binacne JEX [currency trading] and [options trading] and use JEX tokens to offset the handling fee to get a 50% discount on the handling fee.
Rights and interests of option issuance: Participating in the issuance of options on the Binance JEX platform requires JEX tokens as collateral to participate in the issuance.
Investor protection fund: The JEX tokens recovered by the platform in the form of handling fees and the repurchased JEX tokens will be injected into the investor protection fund and frozen.
Discount on contract insurance products: Purchase contract insurance products with JEX tokens and get a 10% discount. (Under development)
On-line rights and interests of contract varieties: Hold and freeze a certain amount of JEX tokens to apply for listing new contract varieties and obtain a part of the transaction fee income of the contract varieties.
Option product listing rights: Hold and freeze a certain amount of JEX tokens to apply for listing new option products and get a part of the option product fee income.
Other innovative product discounts: Among the innovative products that JEX will launch in the future, those who hold JEX tokens and participate in innovative product transactions will receive corresponding price discounts (under planning).