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$158.01 2.00627
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Shiba Inu
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$0.0000204 10.4417
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Ethereum
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BNB
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Solana
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Solana price
XRP
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Trakx is launching the TRKX token on leading launchpads

Press Releases
Trakx is launching the TRKX token on leading launchpads

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Trakx launches TRKX token for its crypto-index platform, offering staking rewards and trading discounts.

Trakx is launching the TRKX token on leading launchpads - 1

Paris, France – September 27, 2024

Trakx, the leading platform for crypto-index trading, is excited to announce the launch of the TRKX token. It’s a great milestone for the ecosystem and will allow traders and investors to be an active part of the project and receive numerous benefits and advantages.

The token will be offered on the most popular and secure launchpads, such as DAO Maker and Bit2Me, and more will be revealed soon, ensuring that investors can choose their favorite launchpad to participate.

What is Trakx? Exploring Crypto Tradable Indices (CTIs)

Trakx is the crypto-index trading platform with the widest selection of crypto index funds, allowing investors to implement advanced strategies and sound risk management with ease. Crypto index funds, which are called Crypto Tradable Indices (CTIs) on Trakx, are proprietary crypto baskets that include multiple cryptocurrencies in a single asset. It means that, instead of researching, selecting, and investing in individual digital assets, users can get holistic exposure to multiple assets at once with a single click. 

Whether users are conservative or aggressive investors, the wide selection of crypto index funds available on Trakx ensures they can choose the market segment or investing strategy that most suits their risk tolerance, goals, time horizons, and budget. It’s a new frontier in investing, and Takx is setting new standards in the industry. 

Additionally, Trakx Solutions is a partnership program suited explicitly for financial institutions, businesses, KOLs, DAOs, and communities. It allows them to create customized crypto baskets and index strategies suited to their specific needs, using the Trakx proprietary infrastructure at a low cost. 

Trakx was born in 2019 by a group of experts in finance and tech, with previous experience at the most excellent financial institutions, such as Goldman Sachs, Fidelity, Bloomberg, and more.

The TRKX Token: Unlocking the full potential of Trakx

The TRKX token will be vital in the Trakx ecosystem, allowing traders and investors to get valuable benefits and rewards on the platform and making them an active part of the ecosystem. What are the benefits?

  • Active participation: TRKX holders will have a direct say in important decisions within the Trakx community, with voting power that scales based on the number of tokens they own.
  • Earn passive income with staking: By staking TRKX tokens, users can earn additional tokens as passive income, all while playing a key role in maintaining the security and stability of the platform.
  • Buyback and burn programs: Part of the revenue generated from Trakx’s trading activities will be used to buy back and burn TRKX tokens. This reduces the overall supply, which could help increase the token’s value over time.
  • Trading fee discounts: Staking TRKX doesn’t just earn passive income; it also comes with reduced trading fees, ranging from 5% to 50%, depending on the number of tokens staked.
  • Referral program boosts: Users who refer others can enjoy a discount of 20% to 35% on trading fees, based on how much TRKX they have staked. Meanwhile, the people they refer will get a 5% rebate.
  • Enhanced yield opportunities: Holding TRKX can also give users boosts on specific staking and yield products, helping them earn even more.
  • Grant programs: Community members who actively contribute value, whether through providing liquidity or other services, may receive grants in TRKX tokens as a reward.
  • Access to advanced APIs: TRKX holders will benefit from higher API rate limits, the ability to place bulk orders, and access to advanced trading signals.
  • Priority access to new products: TRKX holders will get first access to new Trakx products, including early releases and custom solutions tailored to their needs.
  • Exclusive VIP services: As VIPs, holders can access unique perks like customized OTC products, dedicated white-glove support, and early previews of research reports and premium services.

The public sale of the TRKX token starts in early October, with DAO Maker leading the way, and more launchpads to be revealed. The token will be offered at an initial value of $0.025, and tokens will be unlocked 20% at TGE, with a 1-month cliff and 6-month linear vesting.

For more information, visit TRKX token official website or join the community on X, Telegram, LinkedIn, Zealy, Galxe, and Discord for the latest updates.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.