Making Money, or in other words, creating assets has become quite easy with the rising popularity of cryptocurrency but with a risky proportion. And now that you are in the right place now, you will get a step-by-step guide on how to start buying and trading cryptos.
So, Let’s deep dive in the world of cryptocurrency and get the answers to the most common questions – How To Mine Bonfire Crypto
What is bonfire cryptocurrency?
As a decentralized monetary system, cryptocurrency is inherently about bringing the common people together. The mission of Bonfire is to give cryptocurrency users around the world their very own platform to facilitate this community.
How much tax does bonfire take on transactions?
Every transaction on the Bonfire blockchain takes a 10% tax. 5% is redistributed to all the users and 5% is added to the liquidity pool. This format makes it very hard for bots and swing traders to manipulate the system.
What are the benefits of holding bonfire tokens?
In addition to passive rewards through token redistribution, Bonfire holders will be able to receive perks and rewards on the Bonfire ecosystem under development proportional to how much Bonfire they hold. Token utility will be based around holding and not transacting.
What is bonfire (bonfire)?
Bonfire represents both a dedicated, global cryptocurrency community and a comprehensive vision for a decentralized social media network with an ecosystem of apps to provide utility to token holders. As a decentralized monetary system, cryptocurrency is inherently about bringing the common people together.