OX Coin price

OX

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Users on the platform can stake in a range of passive strategy vaults, allowing them to earn yield in ranging, upward and downward trending markets.

OX.FUN also runs large scale memecoin trading competitions using Battle Vaults, including 16-way competitions between memecoin devs and 1v1's between various Crypto Twitter personalities, and the notorious ongoing Su VS Kyle 3AC trading deathmatch

Users can stake into their favourite competitors' vaults, copying their trades and participating in prize pools.

OX.FUN pioneers the Alpha Feed, allowing users to comment and share any of their trades. Other traders may then copy or counter trade them. There’s always an incentive to comment on trades to influence other traders on the platform - the original trader earns fees from those who copy/counter, while (unlike standard copytrading) the rest of the original traders’ account is hidden.

The platform’s Battle Vaults also allow users to bet on social media personalities & memecoin devs, copy-trade their strategies, and participate in prize pools.

OX Coin is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available. The easiest way to purchase OX Coin is to use the platform’s Buy OX feature, which allows users to convert popular tokens and memecoins directly into OX.

OX Coin is currently available on the derivatives exchange OX.FUN and centralized exchanges such as HTX, Gate.io, and MEXC.

There are also a number of on-chain pools on popular DEX’s such as Uniswap V3 (Ethereum) and Aerodrome (Base).

OX Coin (OX) emerges as a dynamic player in the cryptocurrency landscape, offering a blend of innovation and utility. As the native currency of OX.FUN, a next-generation SocialFi perps exchange, OX Coin is integral to the platform's ecosystem. Launched in January 2024, OX Coin operates within a dual-token format, incorporating gamification into trading. This cryptocurrency is not just a medium of exchange but also a tool for staking, earning yield, and participating in OX.FUN Vaults, where users can engage in passive strategy vaults to earn returns in various market conditions.

OX Coin is accepted as trading collateral on OX.FUN, with all platform fees collected in OX, reinforcing its utility. The platform's innovative features include negative funding on BTC, high APR rewards for staking, and the use of memes as collateral, catering to a diverse range of traders. OX.FUN's Alpha Feed and Battle Vaults foster a social trading environment, allowing users to share, copy, or counter trades, and participate in competitions involving memecoin developers and crypto personalities.

The tokenomics of OX Coin include a maximum supply of 9.86 billion tokens, with periodic burning of trading fees to reduce the total supply. OX Coin can be traded against major cryptocurrencies like Bitcoin, Tether, and Ethereum on various exchanges, including OX.FUN and several centralized platforms.

The technology behind OX Coin (OX) is deeply rooted in the OX.FUN platform, a next-generation SocialFi derivatives exchange. This platform is not just about trading; it integrates social elements into the financial ecosystem, allowing users to engage in a dynamic trading environment. At its core, OX.FUN enables trading of over 200 coins with leverage up to 50x, including the latest meme tokens, which adds a layer of excitement and diversity to the trading experience.

OX Coin leverages tokenization technology to revolutionize the real estate sector by enabling fragmented ownership and enhancing liquidity. This means that large assets, like real estate, can be divided into smaller, more manageable pieces, allowing more people to invest in them without needing to purchase the entire asset. This approach democratizes investment opportunities and increases market fluidity.

Security is paramount in any blockchain technology, and OX Coin's underlying blockchain employs advanced cryptographic techniques to safeguard against malicious attacks. By using a decentralized network of nodes, the blockchain ensures that no single entity can control or manipulate the system. Each transaction is verified by multiple nodes, making it nearly impossible for bad actors to alter the transaction history without detection. This decentralized verification process is akin to having multiple independent witnesses to every transaction, ensuring transparency and trust.

The utility of OX Coin extends beyond mere trading. It serves as the native currency for staking, earning yield, and participating in OX.FUN Vaults. These vaults offer users the opportunity to stake in various passive strategy vaults, earning yield in different market conditions, whether they are trending upwards, downwards, or ranging. This flexibility allows users to optimize their investment strategies according to market dynamics.

OX.FUN's innovative approach to social trading is exemplified by its Alpha Feed, where users can share and comment on trades. This feature encourages interaction among traders, allowing them to copy or counter-trade based on shared insights. The original trader benefits from fees generated by those who follow their trades, creating a community-driven trading environment. This social aspect is further enhanced by Battle Vaults, where users can engage in trading competitions, betting on strategies of social media personalities and memecoin developers.

The tokenomics of OX Coin are designed to create a deflationary effect. With a maximum supply capped at 9.86 billion tokens, all trading fees on the OX.FUN platform are periodically burned, reducing the total supply over time. This mechanism aims to increase the scarcity of OX Coin, potentially enhancing its value as demand grows.

OX Coin's integration into the OX.FUN platform as the native PnL currency means that all profits and losses are settled in OX. This seamless integration ensures that users are consistently engaged with the OX ecosystem, reinforcing the coin's utility and relevance within the platform. Additionally, OX Coin is accepted as trading collateral, providing users with more flexibility in their trading strategies.

The OX.FUN platform also offers a robust referral program, incentivizing users to bring new traders to the platform. This program allows users to earn a percentage of their referrals' trading fees, while new users benefit from discounted trading fees. This creates a mutually beneficial environment that encourages platform growth and user engagement.

In the realm of decentralized finance, OX Coin is available for trading on various exchanges, both centralized and decentralized. This accessibility ensures that users can easily acquire and trade OX Coin, further integrating it into the broader cryptocurrency market. The availability of OX Coin on multiple platforms enhances its liquidity and provides users with numerous options for trading and investment.

OX Coin (OX) serves as the native currency for the OX.FUN platform, a next-generation SocialFi derivatives exchange. This platform allows users to trade over 200 coins with leverage, including popular meme tokens. OX Coin plays a crucial role in this ecosystem, offering several real-world applications that enhance its utility and appeal.

One of the primary applications of OX Coin is its use as trading collateral on OX.FUN, enabling users to leverage their positions. Additionally, all trading fees on the platform are collected in OX, making it integral to the platform's financial operations. The coin also functions as the native profit and loss (PnL) currency, streamlining transactions and accounting within the platform.

OX Coin is pivotal in the staking and yield-earning processes on OX.FUN. Users can stake OX in various vaults, which are designed to generate returns in different market conditions, whether the market is trending upwards, downwards, or ranging. This staking mechanism provides users with opportunities to earn triple-digit annual percentage rate (APR) rewards, not only for OX but also for other cryptocurrencies like BTC, ETH, and SOL.

The platform also introduces innovative features such as the Alpha Feed, where users can share and comment on trades. This social aspect allows traders to influence others and earn fees when their trades are copied or countered. Furthermore, OX Coin is involved in large-scale memecoin trading competitions, where users can stake in Battle Vaults, supporting their favorite competitors and participating in prize pools.

Another unique application of OX Coin is its role in facilitating decentralized finance (DeFi) activities. It is used for tokenization and as a means of exchange for real-world assets, broadening its utility beyond the OX.FUN platform. Additionally, OX Coin can be purchased directly through the OX.FUN platform without the need for Know Your Customer (KYC) procedures, simplifying the acquisition process for users.

OX Coin (OX) is the native currency of OX.FUN, a next-generation SocialFi derivatives exchange that allows users to trade over 200 coins with up to 50x leverage. The platform supports a wide range of memecoin collateral, enhancing the trading experience for meme token enthusiasts. OX Coin plays a crucial role in this ecosystem, being used for staking, earning yield, and participating in OX.FUN Vaults. Additionally, all trading fees on the platform are collected in OX, which is also the native profit and loss currency.

One of the significant milestones for OX Coin was the launch of Player Vaults, which allows users to stake in various passive strategy vaults. These vaults enable participants to earn yield in different market conditions, whether the market is ranging, trending upwards, or downwards. This feature highlights the platform's innovative approach to engaging users with diverse trading strategies.

Another notable event was the introduction of the ability to purchase OX directly through the OX.FUN platform. This feature simplifies the acquisition process for users, allowing them to convert popular tokens and memecoins directly into OX. This development underscores the platform's commitment to enhancing user accessibility and convenience.

The hosting of a meme fusion event by Three Arrowz Capital marked another key moment for OX Coin. Such events are part of OX.FUN's broader strategy to engage the community and foster a vibrant trading environment. These events often involve competitions and collaborations that bring together various stakeholders in the cryptocurrency space.

OX Coin's journey also includes the launch of a hybrid centralized and decentralized exchange (CEX/DEX). This development represents a significant step in the evolution of cryptocurrency trading, offering users the benefits of both centralized and decentralized platforms. The hybrid model aims to provide enhanced liquidity, security, and user experience.

The platform's SocialFi aspect is further emphasized through features like the Alpha Feed, where users can comment on and share their trades. This feature encourages interaction among traders, allowing them to copy or counter trade strategies. The original traders benefit from fees generated by those who replicate their trades, creating a dynamic and engaging trading environment.

OX.FUN's Battle Vaults add another layer of social interaction, enabling users to bet on social media personalities and memecoin developers. Participants can copy-trade strategies and partake in prize pools, further integrating social elements into the trading experience.

OX Coin's tokenomics are designed to support its ecosystem, with a maximum supply capped at 9.86 billion tokens. The platform periodically burns trading fees, reducing the total supply over time. This deflationary mechanism aims to enhance the value proposition of OX Coin for its holders.

The coin's availability on various exchanges, including both centralized and decentralized platforms, ensures broad access for traders. The OX.FUN platform itself offers a seamless way to buy OX, enhancing its appeal to a wide audience.