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Cardano Based DEX Acardex Launches ACX Token Presale

2 mins
6 April 2022, 17:00 GMT+0000
Updated by Shilpa Lama
6 April 2022, 17:00 GMT+0000

Cardano-based Acardex decentralized exchange (DEX) is glad to announce the launch of its ACX token presale.

This was announced shortly after the project concluded its seed sale which was a huge success as we sold out all the Allocated tokens for the seed sale.

Our team of experienced developers is currently working on our dex testnet, which will be followed by the mainnet launch in no time.

Features of Acardex

Anonymity: The first important advantage associated with Acardex decentralized exchanges would refer directly to the anonymity of users.

Users do not need to pass the standard identification procedures such as Know Your Customer or KYC processes with decentralized crypto exchanges.

Native Token availability: All native tokens on Cardano will be available on our platform, Acardex provides easier availability of tokens, especially the ones minted on the Cardano blockchain.

Reduced Counter-Party Risks: Counter-party risk is clear when one of the parties involved in a transaction does not fulfill its contractual obligation.

This will be canceled out as there will be no need for any intermediary for transactions, rather through our smart contracts, automated means of processing transactions are assured, and this ultimately entails gaining freedom from counter-party risks.

$ACX token use cases

The native token which will power Acardex network is $ACX and its total supply will be 1,000,000,000 ACX

Acardex use cases include but are not limited to:

  • Ability to trade ADA for other Cardano Native Tokens
  • Ability to cast votes and participate in the governance of the platform
  • Used for payment of fees such as Swap fees and slippage fees
  • Ability to participate in Acardex’s NFT decentralized marketplace that is open and accessible to everyone (Our team of developers is working hard to also launch the NFT marketplace as part of the Acardex ecosystem by the third quarter of the year or even less).
  • Acardex token early adopters will be allowed exclusive access to NFT Drops, list their NFTs, set a price, and sell their assets on our marketplace.

ACX token Pre Sale

  • 1 ACX = 0.00024 ADA
  • 1 ADA = 416 ACX
  • Supply – 200,000,000 ACX
  • Minimum Buy: 300 ADA
  • Maximum Buy: 30,000 ADA

To participate in the On-Going Pre Sale, users should only use Cardano native wallets like Yoroi Wallet, Daedalus Wallet, Nami Wallet, or Adalite Wallet.

A comprehensive guide on how to participate in the ongoing ACX Pre Sale event is available on our Token Sale Page, users can only participate in the Pre Sale via our token sale page.

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