Qmall Exchange is a centralized cryptocurrency exchange officially registered in Ukraine that is made up of an ecosystem of products aimed at taking cryptocurrency work to a new level in Ukraine. It has many safe financial tools that provide convenient work for both professional traders and beginners, and one such tool is the QMALL token.
The QMALL token is a service tool of the Ukrainian Qmall Exchange project that allows you to use the site’s functions at the highest level and provides special opportunities to owners. The QMALL token is a useful service asset that allows users to gain access to new or exclusive features and receive special offers for working with the main ecosystem of the exchange.
Since the main criterion for any asset is the reasonableness of the value and the service token system in the cryptocurrency world currently has a transparent application structure, the QMALL token intends to allow users to enjoy the service functions and the ecosystem built of QMALL exchange.
The overall goal of the QMALL token is to provide a more balanced and sustainable ecosystem that takes into account the needs of its users. The team of Qmall Exchange, a Ukrainian cryptocurrency exchange, has set a goal of forming the infrastructure of a token that technically and reputationally corresponds to the European format and is convenient to use by the community of the Western population.
Hence, they have developed a platform that would allow the use of a service token that would work seamlessly with most of the important functions of the cryptocurrency exchange. This provides users with the opportunity to not only enjoy a convenient tool for interacting with the ecosystem, but also to form a demand for it by active users of the exchange.
Who are the founders of Qmall Exchange (QMALL)?
Prilepa Bohdan, Mykola Udianskyi, Anatolij Sizov, and Nikita Mitrakov.
What is Qmall Exchange (QMALL) used for?
Payment of commission for spot and margin trading with a 50% discount
The QMALL token is used to pay users their commission earned during spot and margin, while they also enjoy the 50% discount offered by the exchange.
Integration of the token in Metaverse Qmall
The Qmall exchange has also made itself known on the Metaverse and now allows its users to enjoy the facilities the Metaverse offers. With the QMALL token, users can get access to the Metaverse easily as it has been integrated with this new digital world.
Payment of commission for OTC and Loans with a discount of 50%
With the QMALL token, users also get to lay their loans easily and enjoy a 50% discount.
The QMALL token will act as a ticket for access to unique and exclusive events on the site.
With the QMALL token, users can vote for the exchange’s targeted activities, such as the listing of new projects, holding the Launchpad, and other unique events.
Payment for goods and services on the QMALL app
The exchange has a Qmall app that offers goods and services for sale to interested users. The token now allows users to buy goods in the cryptocurrency shop for the QMALL token.
How is Qmall Exchange (QMALL) unique?
The main goal of the token is to provide special and exclusive opportunities to Qmall Exchange users and to form an ecosystem that will improve user interaction with the platform.
Another unique feature of Qmall is its voting process. The team believes that the development of most projects is based on the perception of its users or the end consumer and intends to adhere to the position that the opinion of the community should not just reflect the direction of the project’s development but also influence it in a directly expressed format, that is, through voting.
QMALL voting is a process of decision-making by users regarding the development vector of the project and its interaction with other projects. The development of this direction is one of the key goals of the project as a whole, since the ideal voting format is not only the opportunity to vote for a certain activity but also the involvement of users in determining the voting topic.
The voting process can be carried out in several formats, like voice support, which is sent out from users who keep QMALL tokens on the balance without spending them in any way to receive feedback from the community. Each vote may differ in format depending on the objectives of its conduct.
How many Qmall (QMALL) coins are in circulation?
The supply of the QMALL token has a limited value of 100,000,000 QMALL and it has a circulating supply that is yet to be accounted for. The logic of token distribution is presented as follows:
Sales – 57,585,000
Team – 10,000,000
Marketing – 4,915,000
Advisors – 2,500,000
Airdrop – 20,000,000
qBox – 5,000,000
How is Qmall Exchange secured?
Qmall has set up a bug bounty program to allow developers to report any lingering vulnerabilities in their platform. This vulnerability reward program helps the crypto community get better and gets developers rewarded alongside it. The rules of the bug bounty program include:
Qmall reserves the right to cancel or amend the terms of the bounty program at its sole discretion.
Rewards will be credited to users within two weeks after the report is verified.
Rewards will be paid in QMALL tokens or US dollars. Qmall may pay an additional bonus at its sole discretion.
Qmall will only reward users who first report any vulnerabilities. If approved, other reports of the same vulnerability will not be rewarded.
How do I buy Qmall Exchange (QMALL)?
The QMALL token can be used for a wide range of uses, like staking and governance.
QMALL tokens can be easily purchased by the following steps.
* Open an account with the crypto trading platform.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy QMALL through your trading account.
Which Cryptocurrency Wallet Supports Qmall Exchange (QMALL)?
The PTPWallet platform supports many cryptocurrencies simultaneously, such as Qmall Exchange (QMALL). Because of its vast use case, it has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. Users can easily use PTPWallet as their QMALL wallet because it offers a simple interactive interface, making it easy for people to navigate its system.