The post Pullix presale surpasses $6 million, may flip Binance and KuCoin; Solana whales double down appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. With the innovative model exchange that Pullix (PLX) is introducing into the blockchain, will it be replacing Binance (BNB) or KuCoin (KCS)? Over the years, crypto traders have faced several issues of high transaction fees and liquidity problems, and Pullix is coming up with a solution. Meanwhile, Solana (SOL) whale investors are buying the PLX presale, with over $6 million raised. How will Pullix displace already established crypto exchanges? Let’s see that below.  Can Pullix displace Binance and KuCoin? Pullix is creating a blueprint to give other crypto exchanges a run for their money. For context, the Pullix platform is a hybrid exchange that combines the strengths of defi and cefi exchanges to create a unique decentralized exchange on the blockchain. Unlike KuCoin and Binance exchanges, Pullix will reward holders of the PLX tokens with a share of the net revenue from the exchange platform using its profit-sharing model feature.  Also, Pullix will not ask traders for KYC verification before trading on the platform. Pullix is challenging the status quo of trading platforms and is geared at flipping mainstream exchanges and introducing the ultimate crypto trading experience on the blockchain. As a result, over 15,000 individuals have joined the exchange, with more traders joining before the end of the presale in less than 20 days.  Similarly, PLX, an ERC20 token, is another asset showing increasing potential for growth. So far in the presale, investors have bought over 80 million PLX tokens, which has resulted in the platform raising over $6 million. These stats show that the PLX token is quickly becoming an investment alternative for investors ahead of Binance Coin and KuCoin tokens.   A percentage of the PLX token…

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Filed under: News - @ February 20, 2024 12:10 pm