Cryptopedia - CoinEx Token
Issued in January 2018, CoinEx Token（CET) is the native asset of CoinEx Chain. CoinEx Chain is a public chain that launched its mainnet in November 2019. CoinEx Chain aims to create a decentralized trading system (CoinEx DEX) that is governed by the community. It aims to develop an ecosystem with 3 public chains: (1) DEX Chain, (2) Smart Chain, and (3) Privacy Chain. These three chains focus on trading, smart contracts, and privacy respectively to create a decentralized public chain ecosystem. CET can be used in the following scenarios: - Discounts on trading fees and used to purchase value-added services on CoinEx. - Pay for trading fees in CoinEx Chain. - Initiate and vote on proposals - CET holders can participate in staking on the CoinEx Chain.