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.
Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.