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home/Knowledge Base/Quantex Coin (QTX)/What is Quantex Coin (QTX) and how does it work

What is Quantex Coin (QTX) and how does it work

310 views 2 April 24, 2023 Updated on May 24, 2025 cryptiquant

Introduction

Quantex Coin (QTX) will be the native exchange token on SwapTrade. QTX will be an ERC-20 token on the Ethereum blockchain, but we have used a bridge to convert a percentage of all QTX to BSC and peg the value of the coins to be 1:1. We have done the same for SOL. Instead of writing up our token from scratch, we have used well-vetted and audited code on OpenZeppelin’s vast repository of smart contracts.

Out of a 300M total supply:
ETH Tokens: https://etherscan.io/token/0x577cc8560636bf585e1bb1bb2e281cedd4cd84ea
BSC Tokens: https://bscscan.com/token/0x0069ad62703bc10a9e2eadde6d0f353fc5171a3f
SOL Tokens: https://solscan.io/token/73rd6Ekp1bTYzV3oBAUeL4vMDAnHTdiXhCS5pbnh9quj

Token Sales

QTX Token sales will be conducted on its native platform Quantex using the non-custodial swap platform, see how to buy here:

QTX is also listed on the trading platform for users to place their own buy and sell orders, as can be seen here:

 

To understand the benefits and utility of holding QTX, please read the article “Understanding the benefits of holding QTX“, which gives an explanation of the utility and benefits of QTX, such as fee rebates and token burns. For more information about Quantex in general (including QTX), read our White Paper.

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