⠀

Trade Mining Rules

⠀
📌 BF Mining Proportion: 120% of trading fees are distributed in the form of BF Tokens. Of that 120%, 80% are circulating BF, and 40% are holding BF.
📌 BF Return Period: 120% of trading fees are converted into BF daily (0:00–24:00 HKT) and distributed to your circulating and holding BF account at 11:00 AM the next day. The mining data is also updated for the previous day at that time.
📌 Trade Mining Token Pairs Involved in BF Trading: Currently, BitForex provides three trading pairs for mining: BTC/USDT, ETH/USDT, and BCH/USDT. The pairs are adjusted according to mining progress.
📌 BF Conversion Price: The BF token amount is distributed hourly according to the average price of the previous hour.
📌 During the pre-mining period and the first hour of BF trading, the BF token is priced initially at 0.05 USDT to calculate the amount mined out in BTC/USDT, ETH/USDT, and BCH/USDT trading.
📌 BF Mining Limit: Three million per hour for all, 0.5 million per day for a single account.
⠀

⚡️BF Trading Fees Buy-Back Mechanism

⠀
From the date when trade mining starts, BitForex will put 80% of the trade-mining fees into the buy-back fund pool. After one month, 1/100 of the total amount of the funds in the pool will be used as a buy-back in the market.
⠀
Be smarter at with BitForex!