📢Weekly BXH Stats!

How was our week? Let the stats speak for themselves!

🔺Binance Smart Chain (BSC)

TVL: $11336852.48
Weekly Trading Volume: $31927

🔺Ethereum Smart Chain (ETH)

TVL: $9136024.86
Weekly Trading Volume: $73625

🔺Avalanche Smart Chain (AVAX)

TVL: $1311681.62
Weekly Trading Volume: $21936

🔺Hero Smart Chain (HECO)

TVL: $4222175.66
Weekly Trading Volume: $327527

🔺OKC Smart Chain (OKC)

TVL: $26196656.44
Weekly Trading Volume: $3319384

🏆TOTAL TVL: $522330457.58
💰WEEKLY TRADING VOLUME: $3854399

One more successful week at the BXH exchange! You with us yet? Join in! bxh.com

💰BXH Token Price💰

Did you know that only in the past month, the BXH token price has gained a total of 100%? Yep, that’s right! From $0.022 to $0.044! How impressive!🚀

But what does this mean for our users? Basically, all our users’ investments and tokens received from staking have also grown in value, making the BXH exchange one of the most profitable exchanges out there!

🎇Are you with us yet? Perhaps it’s time to step into our community & make most of your earnings!

bxh.gitbook.io/bxh/token

PS: it’s been rumored that every like on this post raises the BXH token price by another $0.001…Let’s check if that’s true!💥

🌐Most of us have heard of smart contract audits, but what exactly are they, and do they really matter when picking an exchange?🌐

Find out in our Medium article: https://bxh-blockchain.medium.com/security-audits-why-do-they-matter-be25403ed5eb

🎆APY Battle — BXH vs SwissBorg🎆

Ladies and gentlemen, it’s time for another APY battle! In one corner we have #BXH, and in the other…Who is up against us this time? Put your hands together for SwissBorg! Do they have what it takes? We are about to find out! And to help us on this quest — #BTC, #BNB and #USDT. Show us what you’ve got!

3,2,1…Fight!

💪Round 1 — BTC

SwissBorg APY - 0.15%

BXH APY -  33.74%

💪Round 2 — BNB

SwissBorg APY - 2.86%

BXH APY - 33.67%

💪Round 3 — USDT

SwissBorg APY - 3.73%

BHX APY - 36.07%

✨Final Scores

SwissBorg — 6.74%

BXH — 103.48%

🏆And yet again, it’s a knockout in all 3 rounds & BXH wins! We are a tough opponent to beat, but we encourage everyone to try!

🎆We have previously spoken about smart contract audits and their importance in keeping your personal data and funds safe.

But what about us at BXH? How seriously do we take smart contract audits?

👉Find out in our dedicated Medium article: https://bxh-blockchain.medium.com/bxh-security-audits-2145171b1689

📣Weekly BXH Stats!
 
What do we have to show for ourselves this week? Let the numbers from our 5 smart chains — HECO, BSC, OKC, ETH and AVAX tell you!

⭐️Binance Smart Chain (BSC) 
 
TVL: $11353712.35

Weekly Trading Volume: $33286
 
⭐️Ethereum Smart Chain (ETH) 
 
TVL: $9137203.95

Weekly Trading Volume: $77365
 
⭐️Avalanche Smart Chain (AVAX) 
 
TVL: $1312730.86
Weekly Trading Volume: $23286
 
⭐️Hero Smart Chain (HECO) 
 
TVL: $4226333.04
 
Weekly Trading Volume: $358364
 
⭐️OKC Smart Chain (OKC) 
 
TVL: $26215835.45
Weekly Trading Volume: $378375
 
💎TOTAL TVL: $52245815.64
👾WEEKLY TRADING VOLUME: $870676

Another successful week! Want to be part of it? We would love to have you!

Join the BXH Club Today! bxh.com

🔥💰The Biggest DeFi Lesson of the Decade — $140 Million Loss💰🔥

Mistakes give birth to experience, but there are always things you can’t predict. Not a single one of us is 100% immune from hackers, and we are here to tell you our story! Coming this week!

❌Crypto Project Red Flags — What should you watch out for?❌

With the amount of projects being born every day, it’s wise to ask yourself, how do I tell which ones are legit? We at BXH are here to help out with our 3 crypto projects red flags list.

👉Check out our Medium article!
https://bxh-blockchain.medium.com/crypto-project-red-flags-f3f6f08014

🎆APY Battle — BXH vs Hodlnaut🎆

Another week, another APY battle! Who is up against BXH this time…? Put your hands together for Holdnaut! Do they have what it takes to beat us? We are about to find out!

3,2,1…Fight!

💪Round 1 — ETH

Hodlnaut APY - 4.60%

BXH APY -  38.21%

💪Round 2 — BTC

Hodlnaut APY - 4.08%

BXH APY - 33.59%

💪Round 3 — USDC

Hodlnaut APY - 7.25%

BHX APY - 34.40%

✨Final Scores

Hodlnaut — 15.93%

BXH — 106.20%

🏆And yet again, BXH wins in all 3 rounds! Let’s see if our next opponent is strong enough to show us some competition!

BXH Announcement on the processing solution of ETH Main Network Upgrade - Sep 6, 2022

Dear BXH users:

As ETH will be undergoing a network upgrade (detailed information: Mainnet Merge Announcement | Ethernet Foundation Blog), Ethernet will be carried out at beacon chain epoch reaching 144896 as planned (estimated time 15:34 UTC+4 on Sep 6, 2022).

BXH will suspend the charging and withdrawing of ETH and ERC20 series coins on Sept 6, 2022 at 10:00 (UTC+4) and will reopen after the upgrade is completed.

To protect your assets, please do not withdraw ETH and ERC20 series coins during the upgrade time.
The network upgrade solution is as follows.

1.Suspend coin charging and withdrawal services.
ETH network upgrade time: estimated time Sep 6, 2022 19:34 UTC+4) BXH suspend ETH and ERC20 series coins charging and withdrawing time: Sep 6, 2022 10:00 (UTC+4)

2.Reopen for withdrawal at.
BXH will reopen ETH and ERC20 series coins for charging and withdrawing after confirming the stability and security of ETH network upgrade.
The specific time will be notified by announcement.

The trading and staking of ETH and other ERC-20 network tokens will not be affected.

BXH will continue to provide you with better digital asset financial services!

BXH Announcement on the processing solution of ETH Main Network Upgrade - Sep 6, 2022

Official Gitbook: https://bxh.gitbook.io/english/notice/bxh-announcement-on-the-processing-solution-of-eth-main-network-upgrade-sep-6-2022

BXH Announcement on the Completion of ETHW Airdrop 18 Sep 2022

BXH CeDeFi One-stop financial service platform has completed the EthereumPoW (ETHW) airdrops.

CeFi: ETHW has been airdropped to the user account. Users can view their ETHW balances in the wallet center and make deposit/withdraw operations.

DeFi: ETHW has been airdropped to the user's wallet address in ETHW-mainnet. Users can import the address in the wallet that supports the ETHW-mainnet to view the airdrop tokens and operate.

More info👇🏻
Official Gitbook:
https://bxh.gitbook.io/english/notice/CompletedETHWAirportE

BXH Announcement on Perpetual Futures Contract Launch

Dear BXH users:

BXH CeDeFi One-stop Financial Service Platform has launched the perpetual futures contract section. The first trading pairs include BTC-SWAP-USDT, ETH-SWAP-USDT, LTC-SWAP-USDT, and DOGE-SWAP-USDT. The above listing pairs are forward contracts, using USDT as the base currency. For more information, you can view the perpetual futures contract trading pages.

BXH will continue to provide you with better products and better service!

BXH.COM

21 Sep 2022

BXH's Announcement on the Solution For Asset Migration of DeFi 23 Sep 2022

1.Staking rewards will be replaced by USDT instead of BXH Token All staking assets in the previous staking pool will be migrated to the new staking pool.
2.The asset migration page will display the amount of remaining BXH rewards and staking tokens.
After migration, the staking tokens will be migrated to the new staking pool, and the remaining rewards will be directly distributed to your wallet in the form of USDT The yield of VToken's new staking pool will be around 10%, but it will be temporarily unable to withdraw.
3.We will repurchase VToken with a monthly quota of 5% once any part of the assets is recovered or funds are raised, we will fully increase the repurchase quota.

Official Gitbook:
https://bxh.gitbook.io/english/notice/923latestnewsE

BXH announcement on vToken's first compensation program 27th Sep 2022

Official Gitbook:
https://bxh.gitbook.io/english/notice/bxh-announcement-on-vtokens-first-compensation-program-27th-sep-2022

Dear BXH users:

At present, most of the first-time asset repurchase on the BSC has been completed. In order to shift the focus to the VToken repurchase on other chains, we plan to complete the BSC repurchase in the next two days.

However, there are still many BSC users who have not completed the required operations for the repurchase.

If you have assets in the BSC but have not mapping, please map and send us the email.
If you have sent the email and received our confirmation email, please complete the VToken transfer as soon as possible.
If you have completed the above operations but still have not received the tokens, please be patient and we will arrange the transfer soon.


After we start the first-time repurchase on other chains, we will give priority to guaranteeing the repurchase speed of other chains and reduce the frequency of BSC transfer to once a week. Therefore, we strongly recommend that BSC users complete all steps within the next two days to receive the first-time repurchase in time.

Thank you for your understanding and support.

BXH.COM

BXH‘s latest announcement on compensation program 30 Sep 2022

Dear BXH users.

Since BXH DeFi platform was hacked on 21 Sep.
Once again we suffered a Flash loan attack on 27 Sep, With the amount of loss about 40,000 USDT.

Although the amount of loss from the Flash loan attack wasn't a huge loss, It left the BXH team internally completely disappointed with the direction of the DeFi platform's business.

Combined with the recent security incidents in the DeFi area, where Wintermute had about $160 million stolen from DeFi operations, and the New York Times published a column stating that over $2 billion in digital currency was frequently stolen by hackers in the DeFi platform space within 6 months of this year and openly questioning the security of the DeFi product at this stage.

In fact, Since it inception, DeFi area has been riddled with theft incidents that are impossible to prevent.

BXH's internal assessment is that with the current DeFi technical team and the maturity of the DeFi industry, We cannot guarantee that such incidents will not happen again, Nor can BXH users and team afford to have another hack event.

Prior to this hack event, BXH has created a CeDeFi One-stop financial services platform.

The BXH Exchange has been in trial operation for 3 months, and the BXH Exchange is about to be ready for official operation.

After careful evaluation, BXH decided to adjust development strategy to drop the DeFi product and focus on CeFi product, and all current DeFi functions such as Compensation program and Staking pool will be transferred to the Exchange.

After BXH internal discussion, If the function development progresses smoothly and swiftly, the vToken First-time compensation program will be transferred to the BXH Exchange to complete remaining work, If the function development takes longer, the vToken First-time compensation program will continue in the current manner.

The vTokens that have completed the First-time compensation program will be listed on the BXH exchange, including but not limited to Recharge, Staking, Compensation program, and Trading functions, in order to enable users whose assets have been lost to get their funds back safely, easily, and quickly.

Currently, the DeFi platform has suspended income output of the staking pool, and we will also compensate the staking income at the original interest rate in a One-time manner while the Exchange is open for vToken recharges.

On AVAX, HECO, and OEC chains‘s users who holding BXH tokens can map their BXH tokens to the BXH Exchange according to the snapshot of their assets before the hack.

Users whose assets were lost in the Liquidity Provider pool and Cross-chain bridge will also receive compensation within the BXH Exchange.

We will release detailed rules announcements to the community one by one, Once BXH has internally evaluated the implementation plan and completed all preparations.

Thank you for your understanding and support.

Since then, BXH DeFI is officially exiting and BXH CeFI will start a new journey!

BXH.COM

Official Gitbook:
https://bxh.gitbook.io/english/notice/bxhs-latest-announcement-on-compensation-program-30-sep-2022

BXH Announcement on compensation program of AVAX chain 2 Oct 2022

Dear BXH users:

At present, the First-time vToken repurchase on the BSC has been basically completed.
We will take a snapshot of the AVAX chain vToken Staking pool and holding wallet at 0:00 Oct 3(UTC+8) and start the First-time vToken repurchase on the AVAX chain according to the snapshot results.
Please do not transfer vTokens before or after the snapshot time to avoid unnecessary losses.

Meanwhile, Considering the large and complex data of OEC and HECO, The technical team of the BXH exchange is developing the repurchase function to realize batch audit repurchase.
If the development of related functions is not smooth, It will not affect the repurchase progress We will start the vToken repurchase on OEC and HECO according to the existing mode after the AVAX chain repurchase ends.

Thank you for your understanding and support!

BXH.COM

BXH Announcement on adding vUSDT/USDT Trading Pair

Dear BXH Users:

BXH will open trading for vUSDT/USDT trading pair at 2022/10/25 18:00(UTC+8).

Meanwhile, if you hold other vToken assets, you can exchange vUSDT through the swap section.

Thanks for your support!

BXH.COM

October 24, 2022

BXH Announcement on Server upgrade

Dear BXH users:

In order to provide you with a more efficient and professional service, BXH will conduct a server upgrade from 10:00 to 11:00 UAE Dubai time on October 30, 2022, suspending all withdrawals of coins and reopen time will be announced.
All platform services will be suspended during the upgrade period, please be prepared in advance for any inconvenience this may cause.

All Exchange services will be resumed at the first time after the completion of the system upgrade, if you have any questions, please contact customer service.

Thank you for your trust and support!

BXH.COM

October 29, 2022