The world of cryptocurrency is always changing, and AdsCrypto has just announced a blog and crypto innovation project called KiloEx. This decentralized perpetual trading platform aims to revolutionize the way we interact with digital assets. This blog post will provide you with a complete guide to understanding what KiloEx has to offer, including its features, tokonomics, roadmap, and how you can start trading KiloEx tokens today.
What Is Kiloex Decentralized Exchange
A derivative DEX is a decentralized trading platform that enables the trading of various derivatives. It differs from centralized exchanges like Binance and OKX in that it is more open and transparent. Users do not need to trust the exchange and can participate in trades directly through smart contracts, ensuring a fair trading environment.
KiloEx is a perpetual decentralized crypto exchange backed by Binance Labs. The platform prioritizes user experience and offers a more user-friendly and convenient trading interface. Additionally, KiloEx integrates trading with community building, incentivizing users to participate through copy-trading, trading analytics, and trading competitions. KiloEx also has a diverse range of trading assets and flexible trading methods, including centralized exchange, to meet the diverse needs of users. Lastly, KiloEx has relatively low trading fees to reduce costs for users.
Feature
- Kiloex offers a user-friendly interface and perpetual DEX (decentralized exchange).
- LP (liquidity providers) offer high leverage for trading.
- Enjoy low-cost trading fees on our platform.
- Kiloex offers decentralized copy trading for users.
- Take advantage of the Kiloex referral system to earn rewards.
- Kiloex on-chain data analysis ensures transparency and security.
- Real-time trading data tracking is available for all users.
- Also support on/off-ramps for fiat currency.
Kiloex Tokonomics ..?
“Crypto tokonomics” is a term that combines “Token” and “Economics”. It refers to the economic principles and mechanisms that govern the issuance, distribution, marketing, and overall functioning of cryptocurrency projects and their associated tokens within a blockchain ecosystem. In this section, we will discuss the Kiloex supply and token distribution process.
The KiloEx Utility Token ticket is (KILO). KiloEx escrowed token ($xKILO). The total supply is 1 billion. The initial supply will be 3% based on the token generation event and community airdrop to early allowed users.
- 34% of the ecosystem tokens will be vested linearly over 4 years.
- 10% of the tokens will be airdropped to early adopters, with 20% of the tokens being released during the TGE and vested for 1 year.
- Another 10% of the tokens will be allocated for future staking rewards and will be vested over 4 years.
- 20% of the tokens will be allocated for the team and future expansion plans and will be vested for 3 years after a 1-year cliff.
- 10% of the tokens will be allocated for private sale and will be vested for 3 years after a 1-year cliff.
- 10% of the tokens will be allocated for strategic investment and will be vested for 3 years after a 1-year cliff.
- 5% of the tokens will be allocated to an advisor and will be vested for 3 years after a 1-year cliff.
- Lastly, 1% of the tokens will be allocated to liquidity providers.
kiloex Roadmap ..?
✅March 2023: Release Alpha ✅Version of Core Trading Module
✅May 2023: Release Testnet and Bug Bounty
✅June 2023: Contract Audit, Decentralized Referral, Multi-language Support, and Mainnet Launch
✅July 2023: Secondary Audit, Email Notification, and Mobile Terminal Support
✅August 2023: Light & Darkness Version and Community Token Listing
✅October 2023: opBNB Mainnet Launch
✅November 2023: Manta Pacific Mainnet Launch and Referral system upgrade
✅December 2023: Raffle Game and OAT system upgrade
☑️Q1 2024: 1 Click-trading, Multi-asset Vault, TPSL system upgrade, and Hedge Tool V1
☑️Q2 2024: Forex Trading, Fee Discount Coupon, KiloEx APP, and KiloEx Genesis Pass
☑️Q3 2024: Hedge Tool V2, Decentralized Copy Trading, and Multi-asset Margin.
Kilo /Xkilo Token Mechanism.
Kiloex utility token, kilo, is an escrowed token with the symbol xkilo. The xkilo token is used for liquidity and is a non-transferable asset which can be used for platform benefits and user revenue-sharing models.
Users have the option to mint $xKILO tokens by exchanging them 1:1 with their $KILO tokens. Once the user deposits $xKILO tokens in our single-sided staking pool, they can start earning $xKILO tokens and $USDT as rewards. If the user wishes to convert their $xKILO tokens back to $KILO tokens, they can choose the percentage and duration of the trade. The percentage can range from 50% to 100% and the trade duration can be anywhere from 15 days to 6 months, linearly.
How To Trade Kiloex.
Kiloex is a decentralized exchange platform built on the Binance Smart Chain network. You can withdraw directly from Binance or bridge your asset for trading. Additionally, you can deposit BNB on your Binance Smart Chain wallet and start trading with ease. If you want to trade and participate in the trading competition session, what are the steps you should follow?
- Visit Kiloex
- Connect your wallet.you’ll need a web3 wallet such as Metamask, Trust Wallet, Wallet Connect or Coin base wallet.
- Once you have your wallet, you should switch your chain to OPBNB or BNB in your Metamask wallet.
- Before you start trading, make sure to select your desired leverage.
- Kiloex offers 2X to 100X leverage.
- After that, you should choose whether to take a Long or Short position.
- Finally, use a market order by value to specify how much you want to invest.
For Trading Guide Follow This Link : https://kiloex.gitbook.io/kiloex/trading/overview
Kiloex Airdrop , Step By Step Guide.
KiloEX airdrops distribute free tokens to existing and non existing token holders, as a way for crypto projects to recognize their loyal community members.
The airdrop campaign from KiloEX is extraordinary as it supplies 500 USD along with governance tokens, offering participants influence over prospective project choices. This airdrop is particularly intriguing for those eager for decentralized finance and community-focused initiatives.
Please follow the steps below to participate in the KiloEX airdrop and receive your tokens:
Step 1: Open the Airdrop Secret Page.👉 https://app.kiloex.io/airdrop
Step 2: Link your active web3 cryptocurrency wallet, metamask wallet or trust wallet. Please note that empty or new wallets are not qualified.
Step 3: Confirm your participation in the airdrop within your wallet interface.
Step 4: After confirmation, you will be automatically redirected to a hidden KiloEX airdrop page.
Step 5: On the KiloEX airdrop page, verify the receipt of tokens in your wallet.
Step 6: The tokens will be instantly credited to your wallet, finalizing the process.
Following these easy steps will help you stay ahead in crypto airdrops.
Actively engaging in the Kiloex crypto community can boost your chances of receiving more airdrops. Follow new tasks and chances for free tokens.
For Airdrop Guide Follow This Link: https://app.kiloex.io/airdrophttps://kiloex.gitbook.io/kiloex/airdrop-and-reward/kiloex-airdrop-plan
Here is a guide on how to participate in the KiloEx airdrop. We hope that everyone completes the process and receives their rewards.
Bottom Line
KiloEx is a decentralized perpetual number 1 trading platform on opbnb and matra. It offers innovative features, robust analytics, and user-friendly trading with high leverage liquidity. This is an opportunity to join the KiloEx revolution.
