Bitforex Token (BF) is token issued by BitForex Exchange, it is the proof of platform ownership. BF are issued mainly through trade mining, community and ecosystem mutual construction, and being released gradually. BitForex will use 80% of the trading fees as BF buy-back. In the future, BF holders will have the right to participate in platform building major decisions and community management.
The NEXO Token is an asset-backed token and is backed by the underlying assets of Nexo’s loan portfolio. NEXO Tokens Holders will get 30% of the company’s profits. NEXO Tokens offer additional utility features such as discounted interest rates on the Nexo Instant Crypto-backed Loans and are also accepted as collateral on the Nexo Platform. Check out CoinBureau for the full review of Nexo Coin.