While there are multiple exchanges available throughout several different geographic locations, there are still major gaps in functionality across these exchanges. Some of the key issues in existing trading exchanges include security issues, lack of liquidity, latency problems, and a severely limited selection of automated functions — all features that traders expect.
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The Xera token is developed on the ERC20 standard and is going to follow the Ethereum platform. Our token can be used by traders to reduce their trading fees, and through our token buyback monetary policy, continue to generate additional value for their cryptocurrency portfolio. The token will be the native currency for XERA and will be priced at $0.50 per token.
“XERA” will be the ERC20-standard token developed on the Ethereum blockchain acting as the native currency and designed to support and fuel our complex ecosystem.
A very small fee of 0.05% will be levied when the trade is done in pairing with XERA coin when compared to our standard 0.1% when paired with BTC.
At the end of each quarter, we will buy back XERA tokens from 20% of the total quarterly profit generated from trading fees. These coins will be burned to increase the demand and value of our shares and combat inflation