DexIRA is a project that deserves review due to the token making it to top gainers chart on coinmarketcap. Nowadays, the cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of DexIRA are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap 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.
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DexIRA Review
About DexIRA
A lot of investors have hurriedly delved into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review DexIRA token by explaining what the coin is about, tokenomics, ICO, staking insights of the project, listing the pros and cons, the supply and how legit/safe the token is for investment.
What is DexIRA?
dexIRA provides fully automated multi-currency dividend rewards, advanced buyback protocols and tokenomics that promote long term holding and wealth generation.
The platform is based on the synergy of two concepts: DEX (decentralized exchanges) and IRAs (Individual Retirement Accounts). Borrowing from the long-term investment idea behind a traditional IRA, dexIRA investors can grow their holdings commission-free similar to tax-free IRA contributions. This allows members to increase their stake in the reward pool over time without sacrificing initial capital.
After a one-year holding period, investors can sell their DEX holdings tax-free and penalty-free. However, similar to the age restrictions on a traditional IRA, if holders choose to sell early, they’re penalized.
DexIRA Supply
There are 782,199,115.00 DEX in supply worldwide.
Pros and Cons of DexIRA
Pros of DexIRA
- There is a surge in the market price currently
- Project whitepaper available
- There is a community
- Contract on Binance Smart Chain
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
- Good navigational website – DexIRA
Cons of DexIRA
- 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 DexIRA 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, DexIRA have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is DexIRA Safe?
Being willing to invest in any token is a question entirely up to you to answer. DexIRA 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 DexIRA on the comment section below. Don’t forget to rate and leave DexIRA a review.