Binance DEX — Tixl

We’re excited to announce that the Tixl Token [MTXLT] will be listed on Binance DEX on August 28, 2019. The MTXLT/BNB pair will open for trading at 10:00 PM (CET). That was announced to the Binance Community here. An exchange listing was one of our major goals over the past weeks and Binance DEX was our preferred initial exchange for Tixl.

Why did we start with a DEX? First of all, we have always been fans of decentralized exchanges. Unfortunately, from all the existing DEXs, none really took off and gained traction. We believe that this can change with Binance entering the market and according to the rising transaction volume, Binance DEX has already become one of the largest decentralized exchanges by trading volume.

In addition, the Binance Chain provides a great platform for issuing tokens which don’t need smart contracts. That is why we also migrated from Stellar to Binance Chain for the Tixl token. Both Binance and Stellar might provide cheap and fast transactions, however, Binance is backed by a much larger community and by an experienced team of people who built the biggest crypto exchange in the world. The move to Binance Chain is a huge step forward for the Tixl project.

What is a DEX?

A DEX is a Decentralized Exchange and is a new type of pair matching that allows people to place orders and trade cryptocurrencies without an intermediary institution managing the ledger or controlling user funds.

About Binance DEX/Binance Chain

Binance Chain is a community-driven blockchain software system with developers and contributors from around the world. Binance DEX is the decentralized exchange feature developed on top of the Binance Chain blockchain, which is setting a new cryptocurrency trading standard for fast and secure peer-to-peer exchange. For more information on Binance DEX, visit: https://www.binance.org/.

Tixl Token Sale Details:

Link for participation: https://tixl.me

Session Time: 2019/07/17 10:00 AM (CET) to 2019/08/28 10:00 PM (CET) or when hard cap is reached. Whichever comes first.

Token Name: Tixl Token (MTXLT)

Hard Cap: $2,250,000 USD

Total Token Supply: 900,000 MTXLT

Total Tokens Allocated: 45,000 MTXLT (5% of Total Token Supply)

Token Price: 1 MTXLT = $50 USD

Pre-Sale Round: $450,000 for 22,500 MTXLT (2.5% of Total Token Supply)

Tixl Project Links