There are many attractive tokens that have great teams behind them and are making sure there is growth and continuity for their projects. You would really want to invest in this kind of projects which guarantees each investor that there are benefits attached to their investments, and even more, you would make sure to invest early so you can enjoy more benefits along the way. The benefits of BinaryX are closely linked to the utility of such tokens which will be reviewed on this article.
Solana Coin, Cardano Coin and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
Due to Fear Of Missing Out, a lot of investors have hurriedly delve into investing on a project they have little knowledge about. So on this article, we will review BinaryX token by explaining what the coin is about, listing the pros and cons, the supply and how legit/safe the token is for investment.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
What is BinaryX?
BinaryX is a crypto game platform listed on Binance and Gate.io. Currently, BinaryX is running a game called CyberDragon which we have developed from scratch (https://www.binaryx.pro/). BinaryX is a large on-chain online game platform on BNB Chain. As of November 2021, there were more than 100k addresses held on the chain, a total supply of 21 million tokens, and a current circulating market cap of $540 million.
CyberDragon is currently one of the most popular P2E (Play-o-Earn) Game globally with huge returns for most of our loyal players. The gameplay includes Mining, PVP, PVE and we have just only recently launched our Decentralized Autonomous Organization (DAO) system. BinaryX is the first game globally to launch DAO, where players have the power to vote and decide the future path and developments of the game.
There are 2,022,897.57 BNX in supply worldwide.
Pros and Cons of BinaryX
Pros of BinaryX
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- They have a strong community
Cons of BinaryX
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is BinaryX Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, BinaryX have developed a problem solver but with a very weak back up for the token they produce.
Is BinaryX Safe?
Being willing to invest in any token is a question entirely up to you to answer. BinaryX token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about BinaryX on the comment section below. Don’t forget to rate and leave a review.