Function X is mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system. It is a highly customizable and expandable multi-chain architecture blockchain network (subnets) that can meet different business needs.
**What is Function X (FX) Coins?**
FX coin is the native token on the Function X ecosystem. It is currently utilized as a governance token as well as a gas token on f(x)Core and f(x)EVM. The subnets that are built on the Function X ecosystem can also choose to utilize FX as their gas token.
**What Makes Function X Unique?**
Function X is a product with use cases. Currently there are two subnets on Function X to facilitate world-wide retail payments by bringing transactions on-chain and the trading of perpetual contracts of cryptocurrency assets and other stock-based perpetual derivatives on the blockchain.
The other uniqueness is EVM compatible chain. By having this, Function X allows developers to migrate their dApps instantly and provides the infrastructure to make sure the dApps run smoothly with low fees on a secured network. Function X is one of the first few projects to integrate the EVM compatible chain on a Cosmos-based chain.
**How Many Function X (FX) Coins Are There in Circulation?**
20% of the maximum supply of FX token will be generated in Token Generation Event and the rest 80% will be distributed over 15 years under a PoS (Proof of Service) concept, whereby service providers can earn from the jar by providing quality service (such as decentralized file hosting, code management, financial services or mining) to the consumers in the f(x) ecosystem. The maximum token supply is 1,893,022,622.314.
**Where Can You Buy Function X (FX) Coins?**
It is now available across a number of major exchanges — many people choose to buy FX on Coinbase, Upbit and Huobi Global.
How to Buy Bitcoin on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing Bitcoin. Some reputable platforms include LBNK, Okx, Kraken, and others.
Step 2: Register an Account
Here, we'll register an account on the OKX (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 Bitcoin.
Step 5: Purchase Bitcoin
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of Bitcoin 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 Bitcoin.
Step 6: Store Your Bitcoin
After purchasing, you can choose to store your Bitcoin 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 Bitcoin assets, be sure to use a strong password and enable two-factor authentication.
Bitcoin Price:Function X is mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system. It is a highly customizable and expandable multi-chain architecture blockchain network (subnets) that can meet different business needs.The price fluctuates daily, and as of first half of 2024, the highest price for Bitcoin was $2.25.
Recommended Similar Coins: LINK、LEO
Recommended Exchanges for Trading: Kucoin、MEXC