Matrix Advises Gradual And Cautious Token Exchange To Avoid Errors

HISTORY OF MATRIX EXCHANGE TOKEN

Especially in this era of digital technology, the corporate sector is continually developing at a rapid pace, and it is expected to continue this trend in the foreseeable future. The utilization of exchange tokens is one of the most recent advances in the ecosystem of crypto asset exchanges. This notion, which is one of the most recent to come about, is also one of the most recent to have come about. One such example is the Matrix Exchange Token (MUSD), which not only provides a chance for cryptocurrency traders, but also provides investors with a one-of-a-kind opportunity to become owners in a cryptocurrency exchange platform. The Matrix Exchange Token (MUSD) is just one example of this.

You will need to manually enter the Matrix Foundation Token Burn Account Address if you plan on utilizing the Ethereum Wallet Address associated with your Matrix Web Wallet in order to successfully execute the token exchange. It is imperative that you double check that you have entered this address accurately. In addition to this, you are responsible for checking to see that your Ethereum wallet has the necessary amount of ETH to cover the gas cost.

It will take roughly one day from the time you submit your ERC20 MAN tokens until you get your native MAN tokens. This delay is necessary to maintain the security of the token exchange and ensure that it is successfully completed. This procedure might take up to two days if everything go according to the worst-case scenario. This is due to the fact that Matrix is using a technique known as cross-chain in order to successfully perform the token transfer. In order to accomplish this goal, Matrix is in the process of developing a mirrored Ethereum sub-chain. Because the Ethereum network moves at such a glacial pace, this particular stage of the transaction has certain restrictions placed upon it. You may check your balance by using either the Matrix Blockchain Browser or the Matrix Web Wallet, both of which are available on the Matrix website.

The Matrix Web Wallet Auto-Swap technique is only guaranteed to be active between April 11th, 2019 and April 21st, 2019, according to the official announcement. Even after the event, tokens may still be exchanged; however, in order to do so, you will need to utilize either the Exchange-Assisted Swap or the Manual Swap method.

DETAILS REGARDING TOKENS:

The name of the token is the Matrix Exchange Token. Symbolic object
MUSD is the symbol for the token. The total supply is 1 million.

Matrix Exchange Tokens (MUSD) have a total quantity of 200,000 tokens, which has been determined by the protocol. This restricted quantity assures that there will always be a scarcity of tokens and that holders have the ability to profit from an increase in value.

Specifics Regarding the Upcoming Token Sale

During the pre-sale, there will be a total of 100,000 MUSD tokens available for purchase, which represents fifty percent of the entire supply.

The pre-sale will be broken up into four distinct pricing tiers, each of which will have a unique token allotment and price:

25,000 tokens at a cost of ten dollars each in the first stage
Phase 2: 25,000 tokens at a price of fifteen dollars each
Stage 3: 25,000 tokens, each priced at $20, for a total of $500,000 in available tokens.
Fourteen hundred and fifty thousand tokens at a cost of twenty-five dollars each: this is the fourth stage.
Utilization of Funds Obtained Prior to the Closing of the Sale

The token exchange is a significant achievement not just for the Matrix development team but also for the Matrix community as a whole. It definitely brings forth a great deal of excitement. In spite of this, the Matrix team strongly suggests that everyone conduct the token exchange with patience and attention to detail in order to avoid making any errors. As was noted before, the ability to stake masternodes will not be available until April 13th, 2019 at 11am (Beijing Time), which is two days after the beginning of the token swap. This is being done to alleviate some of the pressure that is being put on developers to finish the swap as fast as possible.

Thank you so much to everyone who has come along with us on this journey, whether you are an old friend or just making new connections. In addition, I would want to express my gratitude for the Matrix Token Swap being so well carried out.

The majority of the profits from the MUSD pre-sale will go toward the development and expansion of the Matrix Global Exchange (MGE), which will be one of the primary uses for these monies. Token holders will be granted access to a platform that is not just trustworthy but also packed full of features as a result of this development.

FOR MORE INFORMATION VISIT:

WEBSITE: https://matrix-exchange.global/
WHITEPAPER: https://matrix-exchange.global/#document
TELEGRAM: https://t.me/Matrixexchangeglobal
DISCORD: https://discord.gg/DwqWQaCGZA
TWITTER: https://twitter.com/matrixtoken1

AUTHOR:

Bitcointalk Username: Bigjohnson124
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=185728
BSC Wallet Address: 0xE81b6A6362e24961AA09D5E413Af386fa9A59B17