Use-case of spot token
Creating Value for the Platform:
The Spot Plus Token will be used to create value for the platform by providing benefits and rewards for token holders.
The platform will have a wide range of use cases for the Spot Plus Token, which will create demand and increase the value of the token.
By using the Spot Plus Token, users will be able to access advanced features of the platform, which will further enhance the value of the token.
Listing on Centralized Exchanges:
The Spot Plus Token will be listed on centralized exchanges in the future.
Listing on centralized exchanges will increase the visibility and accessibility of the token, which will lead to increased demand and liquidity.
As a result, the value of the token is likely to increase, providing more benefits to token holders.
Providing Bonus/Rewards for Holders:
Holders of the Spot Plus Token will receive bonus/rewards in the form of SPOT.
The rewards will be distributed on a monthly basis, and the amount of rewards will be based on the number of tokens held by the user.
This feature incentivises users to hold the Spot Plus Token, which will increase demand and value.
Covering Gas Fee for Trading on Platform:
In the future, the Spot Plus Token will be used to cover gas fees for trading on the Spot Plus platform.
This will reduce trading costs for users, which will attract more users to the platform.
As more users trade on the platform, the demand for the Spot Plus Token is likely to increase, leading to an increase in value.
Zero Trading Fee for Large Holders:
Users who hold a minimum of 100,000 Spot Plus Tokens will have zero trading fees on the platform.
This provides a significant advantage for large token holders and incentivizes users to hold a higher number of tokens.
This feature also creates demand for the Spot Plus Token, which will increase its value.
Secure Storage of Funds:
Spot Plus uses an API-based trading system, which means that users do not have direct access to their funds.
This provides a secure way to store funds, as they are not held in a centralised wallet that could be vulnerable to hacks or attacks.
Funds are only accessible by the Spot Plus app, which is programmed to execute trades based on predefined settings set by the user.
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