The ERC-20 token called HEX was designed to store value and revolutionize the traditional Certificates of Deposit that we use. With HEX, Certificate of Deposit tokens can now exist on a blockchain.
On the other hand, REX, a Certificate of Deposit token launched on the Binance Smart Chain aims to give users an alternative to ETH-based token HEX.
Looking at the basics, the BSC-based token has a very similar staking concept to HEX. According to the team, REX offers a higher rate of return than traditional Certificates of Deposit.
Considering the application of blockchain technology and its nature, a wide array of functions also apply to the REX platform.
With the platform, users can al…
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Source: Cryptocurrency - investing.com
