GXT Exchange Mining Phase 3: Reserve Tokens Get Locked for 10 Years

GXT Exchange Mining Phase 3: How to Get Started with the Program

At the official GXT Exchange, the goal is to become an innovative digital asset exchange that provides the security, accessibility, and usability of cryptocurrency to people across the globe. It started its operations back in 2026, serving millions of customers in more than 180+ countries worldwide with the launch of the Token Economy.

It is a cryptocurrency trading platform that aims to give its users an easy, efficient, and secure platform to trade in digital currencies. This platform integrates both centralized exchanges and Web3 products such as spot trading, futures trading, staking, self-custody wallet, peer-to-peer trading, mining reward, and GXT which is the platform’s utility coin. According to the official website, this exchange caters to more than 180 countries, including 200 trading pairs.

Mission

For helping to shift the financial world into an open, programmable one via top-notch facilities in trading, custody, and on-chain activity – all with uncompromising security and regulation.

What They build

Spot & Futures markets, token economy, Exchange wallet, Launchpad, earn, Peer-to-Peer trading, Mining, and other services such as OTC, sub-accounts, FIX gateway access.

AML & CTF Policy

It follows an AML/CTF program that is risk-based and in line with the FATF Recommendations, the EU AMLD6 directive, the Bank Secrecy Act of the United States, and the FATF Travel Rule for Virtual Asset Service Providers.

Governance of Programme: AML compliance is ensured through the MLRO, governed by the Board, and audited yearly independently.

Customer Due Diligence (CDD): Customers are subject to identity verification, sanctions screening, and risk assessment prior to any platform usage.

Enhanced Due Diligence (EDD): Enhanced measures are taken with respect to customers deemed high-risk, including source of funds and monitoring.

Transaction Monitoring: Suspicious transactions are flagged and investigated in real-time through blockchain analytics and risk-based controls.

Travel Rule Compliance: Information about the sender and recipient is disclosed in accordance with the FATF requirements regarding eligible cryptocurrency transfers.

Sanctions Screening: Sanctions screening is performed for the user, with restricted accounts blocked and reporting in accordance with applicable law.

Suspicious Activity Reporting: Suspicious transactions are reported to appropriate authorities within time limits established by law.

Record Keeping: Customer due diligence and transaction records are kept for five years.

Employee Training: Employees undergo regular training in AML/CTF, along with other compliance training depending on their role.

Source: Official X

Token Distribution & Vesting

Total Supply: 300,000,000 GXT
Unlocked at TGE: 100,000,000 GXT (Verified)

Tokenomics

It is the official utility token, enabling fee reductions, rewards, Launchpad membership, and participation in platform governance.

• Total number of tokens: 300 million GXT

• 100 million (33.3%) tokens can be made available during the Token Generation Event (TGE).

• The Community & Mining gets the largest allocation of tokens, and they get unlocked at the time of TGE.

• Tokens for Team & Advisors, Private Investors, and Marketing & Operations get unlocked after 48 months.

• Tokens Liquidity & Market Making are meant to be used for exchange liquidity purposes only.

• The Reserve tokens get locked for 10 years.

Token Utility

These are the native utility tokens of its ecosystem, with many uses for its users.

Discounts on Trading Fees: Get it and pay up to 50% less for your Spot and Futures trading fees.

Earn & Staking: Staking of GXT to get rewards via the Earn program of the platform.

Access to Launchpad: It can be used for launching tokens and taking part in exclusive Launchpad projects.

Governance: Voting on platform proposals that are available for voting and affecting the future of the ecosystem.

Mining Rewards: Gaining GTX through various mining programs, with payouts during the Token Generation Event (TGE).

Incentives from Ecosystem:  It is involved in staking rewards, liquidity programs, and incentive campaigns for the community.

Buyback & Burn: Part of the money earned from the presales will go into buying GXT back and burning it, reducing its circulating supply.

Pay Card: Using it through the coming payment card to purchase goods with crypto.

Learn about the mining process, the pre-sale plan, and the distribution process of the coin via the GXT Exchange roadmap.

How To Start 

01. Create an Account

Register yourself with just a few steps via your email ID and a secure password.

02. KYC Verification

Proceed with KYC verification in order to facilitate fund transactions from/to the account.

03. Fund Deposits and Start Trading

Make deposits either via crypto or fiat P2P method to begin trading in spot and futures markets.

Upcoming & Future Plans

There are various future developments that are outlined in the roadmap.

• Pay Card: It is a crypto debit card that will allow you to spend, issued free for the first 1,000 buyers of the Stage 1 presale.

• Token Generation Event (TGE): Launch of Mainnet and on-chain distribution of presale and mining tokens.

• CEX Top-Tier Listings: Listing of the coins on top-tier centralized exchanges.

• DEX Listings: It will list tokens on decentralized exchanges having deep liquidity.

• On-Chain Governance: Decisions of the protocol and ecosystem will be made by voting of token holders.

• Buy Back and Burn: A portion of the funds raised from presale will be used to buy back and burn tokens.

• Layer 1 Blockchain: Developing a blockchain platform for fast and cheap transactions.

• Growth of Token Economy: Staking and other economic measures for supporting growth of token economy.

• OTC Services for Institutions: OTC trading and custody services for institutions.

Risks

• Market Risk: There is a considerable market risk; you could end up losing your money.

• Leverage Risk: Leveraged trades might result in gains as well as losses.

• Liquidity Risk: Low liquidity could give rise to slippages.

• Technology Risk: Network and system issues could interfere with your trade.

• Regulation Risk: Regulation changes will affect the trades in digital currencies.

• Counterparty Risk: Centralized exchanges require your trust in them.

• Taxation Risk: Pay the appropriate taxes.

• Acceptance: Through the use of this Exchange, you agree to take all mentioned risks.

Conclusion

This endeavors to create an all-inclusive cryptocurrency ecosystem using the tools of trade, a utility token, mining rewards, and a well-formulated presale. Through an unchanging token supply of 300 million tokens, clear token distribution, vesting structure, and other future plans like TGE, listing on exchanges, governance, and a Layer 1 native blockchain, it emphasizes sustainability.

Disclaimer: This document is provided for informational and educational purposes only. Investors who want to participate in the token sale should familiarize themselves with the documentation. Participation in token sales involves financial risk. Readers should review official documentation and conduct independent research before making any decisions.