CryptoSignals News
Join our Telegram

DeFi Coin Set to List on Exchanges for $0.20: All you Need to Know

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more

DeFi Coin Set to List on Exchanges for $0.20: All you Need to Know

After several months of fine-tuning and development, we are excited to announce that one of our flagship products, DeFi Coin, is finally getting listed on its first centralized exchange.

Thrales End UK, June 27, 2021—DeFiCoins.io, developers of DeFi Coin, announced, today, the approval of listing on its first centralized exchange, Vindax. Interested customers can begin trading DeFi Coin, under the ticker symbol DEFC, from June 30, 2021, at an attractive price of $0.20. DeFiCoins.io and its DeFi Coin (DEFC) token aim at allowing customers to trade digital currency in a decentralized setting, which involves the elimination of a centralized third party in the exchange of value between market participants. DeFi Coin operates on the Binance Smart Chain and gets exchanged between users via wallet-to-wallet transfers.

To encourage long-term mindedness in customers, DEFC transactions get taxed at a rate of 10%. This condition discourages speculative trading, which typically increases the volatility of crypto assets and fosters wild price swings. Interestingly, 5% of the taxed transaction fee gets distributed to every existing DEFC holder, which, in a way, represents traditional dividend payments. That said, the other 5% gets utilized in the provision of liquidity to decentralized exchange services.

Another exciting concept adopted by the DeFi Coin team is the ongoing burning program. The burning program involves the complete removal of a certain amount of tokens in existence from a crypto ecosystem, much like a share buyback program in the stock market. Token burning helps boost the value of the underlying cryptocurrency as the overall supply gets slashed. Fewer tokens in circulation, in the presence of steady demand, means that scarcity would set in, according to basic economic principles.

DeFi Coin to Get Listed On Other Exchanges

Following its launch on Vindax this week, the DEFC team has announced that the token will get subsequently listed on Coinmarketcap and Coingecko, the largest crypto aggregators on the planet, and more exchanges. The team also announced a presale discount of $0.15 per DeFi Coin, which should expire on the eve of the listing. In its official announcement, the DEFC team noted that:

“As we [stay on track] with our Roadmap, this is great news for DeFi Coin, and we believe it will bring a large amount of volume to the token listing on Vindax will also raise a huge amount of awareness about DeFi Coin and what it does.”

This announcement comes amid a boom in the DeFi industry and is an exclusive opportunity that should not be missed. Interested customers can get additional information and details about DeFi Coin (DEFC) on its comprehensive Whitepaper.

About DeFiCoins.io

DeFiCoins.io is an endeavor to provide you with informative knowledge that you can implement and earn money by investing in the right project. DeFi Coins dedicated energy to keeping its readership up-to-date with the latest trends in the DeFi marketplace. Our Journalists and researchers conduct thorough research and provide you with the best service possible. As the DeFi sector gains immense hype, all tokens operating on the DeFi ecosystem are supposed to skyrocket. This is where we come in; we allow our readers to make the most of this opportunity and mint huge profits.

Read our latest Crypto Guides:

Recent News

May 11, 2023

Basic Attention Token (BATUSD) Bull Market to Issue From $0.208

A very aggressive bear market was suspended at the $0.216 price level on March 11, when traders found the price level a comfortable point to go long. From that price level, we saw a very progressive Basic Attention Token bull market that continued for the rest of March and later peaked on April 5 a...
Read More
March 09, 2022

Band Protocol (BANDUSD) Continues to Fall In the Market

BANDUSD Analysis – Price Continues Its Fall to the $2.900 Key Zone BANDUSD continues to fall to the $2.900 key zone in the market. The sellers are seen decorating the price influence with a bearish tendency. After a change in the market disposition, the bears’ strength came to life, cau...
Read More

Join Our Free Telegram Group

We send 3 VIP signals a week in our free Telegram group, each signal comes with a full technical analysis on why we are taking the trade and how to place it through your broker.

Get a taste of what the VIP group is like by joining now for FREE!

arrow Join our free telegram