Dexlab is a platform that makes launching on Solana easy with a token minting lab, a launchpad and a dedicated DEX for all listings. The platform runs on the Solana blockchain, which offers high scalability and very low fees.
DXL is the native utility token that is used for:
* Fees for processing transactions and storing data.
* Running validator nodes on the network via staking DXL tokens.
* Used for governance votes to determine how network resources are allocated.
Dexlab tools include:
* Decentralized Exchange for users to be able to trade any asset listed
* LIST YOUR MARKET feature which allows market owners to list their market in our DEX
* LAUNCHPAD for public sale of tokens by projects utilizing Dexlab for IDO
* MINTING LAB feature which allows users to create and list an SPL Token and NFT
* BOT support for traders who want to use our API
## How Many DXL Coins Are There in Circulation?
Dexlab launched its mainnet on July 31, 2021 with 1 billion DXL tokens created at genesis.
19.5% is reserved for Mining Pool and Rewards. 15% for Marketing and Community, with a 2 year lock up. 15% for Development Incentives, with a 3 month lock up. 10% for Liquidity Fund. 5.5% for Strategic Investors, with 15% TGE unlocked, 10% quarterly. 4% for Seed Investors, 15% TGE unlocked, 10% quarterly. 15% for Ecosystem Reserve, with a 3 month lock up. 10% for the Team, with 1 year lock up. 4% for the advisory board, with a 1 year lock up. 2% for the IDO, with no lock up.
How to buy DXL on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing DXL. Some reputable platforms includeBybit、OKX、Binance, and others.
Step 2: Register an Account
Here, we'll register an account on the Gate.io (registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing DXL.
Step 5: Purchase DXL
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of DXL you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy DXL.
Step 6: Store Your DXL
After purchasing, you can choose to store your DXL in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and DXL assets, be sure to use a strong password and enable two-factor authentication.
DXL Price:Dexlab is an innovative platform designed to enhance the functionality and accessibility of decentralized finance (DeFi) on the Solana blockchain. It serves as a comprehensive ecosystem, supporting the minting, listing, and trading of tokens, including SPL tokens and NFTs. The price fluctuates daily, You can go to the exchange: Gate.io to check the price.
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