LUXCoin LUX to BitMart Token BMX Exchange

Crypto Pair Details: LUX to BMX

LUXCoin LUX

'Developed by Luxcore, LUX (LUX Coin) is a hybrid cryptocurrency utilizing both proof-of-stake and proof-of-work algorithms to enhance blockchain security and decentralization. Luxcore's hybrid consensus model imploys masternodes to provide specialized functions and further secure the chain while providing additional rewards to coin holders. The LUX blockchain enables developers to utilize smart contracts and decentralized applications. Luxcore continues to develop products for the LUX blockchain including Luxgate (a truly trustless, peer to peer decentralized exchange) and Luxedge (a decentralized software development platform and repository). LUX was created in 2017 as a fork of the Bitcoin codebase, but it has grown to not only keep up with new technologies in the cryptocurrency space, but has aimed to introduce new innovations and services to the broader crypto community with cross-chain and decentralized solutions.'

BitMart Token BMX

BMX is an ERC20 based token issued by BitMart Exchange with total volume of 1,000,000,000. First issued as BMC in December 2017, BitMart changed the name of the token in January 2018 as BMX. You may find that the symbol name displayed in the smart contract and block explorer as BMC, but the actual symbol name we use is BMX. The reason is: our toke was named BMC, but then we find that 'BMC' has been used by another project, so we have to change the symbol name of our token to 'BMX'.

SOURCE: COINGECKO

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