$421,823
Total Market Cap
948,148,954 REX
Circulating Supply
$13,946
24h Volume
$421,823
Total Market Cap
948,148,954 REX
Circulating Supply
$13,946
24h Volume
# | Signal | Exchange | Type | Age |
---|
Logo | Exchange | Price | Pair | Spread | 24h Volume |
---|---|---|---|---|---|
![]() |
BingX | $0.00052 | REX/USDT | $0.00 | $29,574 |
REVOX, commonly known by its symbol REX, is a digital cryptocurrency designed to offer innovative solutions in the blockchain ecosystem. REX operates on a decentralized network, prioritizing security, scalability, and transaction efficiency. As a relatively new entrant in the cryptocurrency market, REVOX (REX) aims to address some of the limitations faced by other cryptocurrencies while providing unique features to its users.
REVOX (REX) utilizes blockchain technology to secure and verify transactions. The REX network employs a consensus mechanism that ensures all transactions are validated and recorded on its distributed ledger. This technology eliminates the need for intermediaries, allowing for peer-to-peer transactions that are both secure and transparent. The REX blockchain is designed to process transactions quickly, making it suitable for everyday use cases where speed is essential.
Yes, REVOX (REX) offers staking opportunities to its holders. Staking REX involves holding tokens in a compatible wallet that supports staking functionality. By staking your REX tokens, you contribute to the network's security and operational integrity. In return, stakers receive rewards in the form of additional REX tokens. The staking rewards are distributed proportionally based on the amount of REX staked and the duration of the staking period. This proof-of-stake mechanism not only rewards token holders but also reduces the energy consumption compared to traditional mining operations.
In addition to staking, REVOX (REX) supports mining operations. REX mining involves using computational power to solve complex mathematical problems that validate transactions and add them to the blockchain. Miners who successfully validate blocks are rewarded with newly minted REX tokens. The mining difficulty adjusts automatically to maintain a consistent block time, ensuring that the network remains stable regardless of the total mining power. This hybrid approach that combines both staking and mining provides multiple ways for users to participate in and benefit from the REVOX ecosystem.
REVOX (REX) serves multiple purposes within its ecosystem:
When REVOX (REX) was launched, the distribution followed a structured approach to ensure fairness and wide accessibility. The initial distribution included:
This distribution model was designed to prevent concentration of REX tokens in a few hands while ensuring sufficient resources for ongoing development and growth of the ecosystem.
REVOX (REX) features a deflationary token model where a small percentage of tokens are burned with each transaction, gradually reducing the total supply over time. This mechanism is designed to potentially increase the value of remaining tokens as the supply decreases.
The REVOX team regularly updates their roadmap, with ongoing developments focused on expanding use cases, improving scalability, and enhancing security features. The community around REX is active and growing, with regular events and initiatives to promote adoption.
For those interested in trading REVOX (REX), you can easily do so on any exchange that lists the token using Cryptohopper's automated trading bot. Cryptohopper provides tools to optimize your REX trading strategy, allowing for efficient portfolio management and potential profit maximization through automated trades based on market conditions.
REVOX (REX) represents an evolving cryptocurrency with multiple ways to participate in its ecosystem through staking and mining. With its multifaceted utility and thoughtful distribution model, REX continues to attract interest from both investors and blockchain enthusiasts. Whether you're looking to stake, mine, or trade REX, understanding its fundamentals can help you make informed decisions in the dynamic cryptocurrency marketplace.
Below are the most popular denominations to convert to USD and back into REX
REX | US Dollar |
---|---|
0.01REX | 0.00USD |
0.1REX | 0.00USD |
1REX | 0.00USD |
2REX | 0.00USD |
3REX | 0.00USD |
5REX | 0.00USD |
10REX | 0.00USD |
25REX | 0.01USD |
50REX | 0.02USD |
100REX | 0.04USD |
250REX | 0.11USD |
500REX | 0.22USD |
1000REX | 0.44USD |
10000REX | 4.45USD |
50000REX | 22.25USD |
100000REX | 44.49USD |
US Dollar | REX |
---|---|
0.01 USD | 22.47696111REX |
0.1 USD | 224.76961115REX |
1 USD | 2,247.69611149REX |
2 USD | 4,495.39222297REX |
3 USD | 6,743.08833446REX |
5 USD | 11,238.48055743REX |
10 USD | 22,476.96111486REX |
25 USD | 56,192.40278714REX |
50 USD | 112,384.80557429REX |
100 USD | 224,769.61114857REX |
250 USD | 561,924.02787143REX |
500 USD | 1,123,848.05574286REX |
1000 USD | 2,247,696.11148573REX |
10000 USD | 22,476,961.11485727REX |
50000 USD | 112,384,805.57428636REX |
100000 USD | 224,769,611.14857271REX |