What is BinaryX (BNX)

BinaryX or BNX is an online gaming platform that focuses on cryptocurrency and blockchain-based games. It has a unique game called CyberDragon, an on-chain online game that runs on the Binance Smart Chain (BNB). Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (BNX/USDT – Trade it here) on our Innovation Zone! Check it out now!

What is BinaryX (BNX)
What is BinaryX (BNX)

Understanding BinaryX’s Background

CyberDragon, the game developed by BinaryX, is among the most popular Play-to-Earn games in the world. The game’s various features include mining, PVP (Player vs Player), and PVE (Player vs Environment). Many loyal players of the game have received huge returns from playing it. Recently, BinaryX launched a Decentralized Autonomous Organization (DAO) system, making it the first game in the world to do so. This system gives players the power to vote and make decisions about the game’s future path and development.

BinaryX aims to play a major role in the GameFi industry by offering a comprehensive service platform to developers. This platform will provide a range of basic services to support the development of the entire industry. The services will include a more robust NFT asset trading platform, a high-speed sidechain optimized for GameFi business, an IGO platform to help promising games attract traffic and raise funds, and a development platform to assist other GameFi teams in optimizing their projects. With these services, BinaryX hopes to support the growth and development of the GameFi industry as a whole.

Key Features and Futures Plans of BinaryX

IGO Platform

BinaryX plans to launch an IGO function to invest in third-party games and help them achieve rapid early development by acquiring huge traffic and awareness in a short period. Users of the platform can participate in initial token swaps of new games using BNX tokens and receive game tokens and NFT airdrops by holding BNX tokens. Additionally, users can lock BNX and other game tokens through LaunchPool to receive various GameFi asset awards.

CyberDragon NFT Trading Market

BinaryX launched the CyberDragon NFT trading market in September 2021, allowing users to trade CyberDragon NFTs, equipment, and other game items. In 2023, BinaryX plans to implement multiple smart contracts that will be associated with different NFT types, making it the largest trading platform for GameFi NFTs. This move will allow BinaryX to provide a more efficient and secure NFT trading experience for its users, while also increasing the liquidity of the GameFi NFT market.

GameFi Sidechain

BinaryX is making significant investments in creating a GameFi sidechain that will have improved TPS, lower gas fees, and two-way interoperability with the BNB Chain main network. This will enable the faster and more efficient transfer of assets between the GameFi sidechain and the main network. Additionally, the open network will allow other project parties to create their own projects and contracts on the GameFi sidechain. The redesigned contract data structure and business logic will also help developers implement more complex contracts and game functions.

Where to buy BNX Token

You can find BNX Token here at MEXC! We are listing BNX/USDT in our Innovation Zone!

What is the Price of BNX Tokens?

The price of the BNX token is $0.7439 per unit. It has a market cap of 1,565,586,469 and a fully diluted market cap of $32,971,391. It also has a 24-hour trading volume of $32,957,364. You can check the live price of their token right here!

How to buy BNX Tokens

You can buy BNX Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “BNX” using the search bar to see the available trading pairs. Take BNX/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of BNX you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy BNX] to confirm your order. You will find the purchased BNX in your Spot Wallet.

You can find a detailed guide on how to buy BNX Tokens here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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