Steam Exchange $STEAMX is new cryptocurrency on BSC. It aims to build CEX(Centralized Exchange) not DEX 😁

Let’s look at this

Token Info

Project name: Steam Exchange

Ticker/Symbol: STEAMX

Contract address: 0xF6d4CAf8FcDD4E71A892EDaCA009aAF3C5E82eb8

Token type: BEP-20

Total supply: 100.000.000.000 STEAMX

Launchpad: Unicrypt Network(PancakeswapV2)

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tokenomics
Liquidity Lock Rate	100% BNB raised liquidity lock time: 6 months
Participation	Not private
Softcap	500 BNB
Hardcap	1250 BNB
Min-Max Spend per Account	max 2 BNB
Presale price	25.000.000 STEAMX / per BNB
Listing price	25.000.000 STEAMX / per BNB
Audit	(by Solidity Finance)
KYC
Start	approx: Tue 6 Jul 18:06 UTC
End	approx: Wed 7 Jul 19:06 UTC

Token Distribution

Presale	31,3%
Liquidity+fees	31,3%
Team	24,9%
Private sale	12,6%

Private Sale: 250 participants max 2 BNB, 500 BNB collected.

It is good

• 100% raised BNB liquidity lock
• KYC
• Audit by Solidity Finance, check report

About the team

• Anonymous

From White Paper

According to their website and social accounts:

Steam Exchange is a Centralized exchange catering to the world market, offering best in class services and solutions.

Steam Exchange will offer physical locations in Canada to start. Walk into any Steam Exchange branch to open and manage your account.

Transaction fee

• Day 1: 30% (Launch Date)
• Every day after, the tax will reduce by 0.96% for 31 days after which “standard tax” applies.
• Standard Transaction Tax is 10%
  • 5% Reflected to holders
  • 5% To be added to liquidity pool via token buyback and burn and/or used to provide liquidity for the Steam Exchange platform period.

Anti-Whale System

Max sell is 20% if you hold 0.5% or more of supply.

While the holder maintains 0.5% or more of the supply, they will be limited to ONE (1) 20% sale transaction per day. Buys are not limited and not impacted by this feature

If any holder has a position that is between 0.1% and 0.5% of the total supply, and attempts to sell more than 0.1% of the total supply, they will be notified that “Transfer amount exceeds 0.1% of the supply.”

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Steam Excahnge is incubated by Unicrypt.

The project aims to establish a CEX (centralized crypto exchange). The team is in Canada and they plan to set up CEX first in Canada.

It is good that 100% of the fund collected in the presale is transferred to liquidity. Because the team also made private sales.

The team collected 500 BNB from private sales. The team holds 24,9% of the total supply. Team tokens are linear locked, they will be released at certain times in 6 months.

Good to have KYC and audit. Also, team members post their videos in their groups. There is no doubt that the team will strive to improve the project.

#STEAMX Remember that there is a 30% tax fee on the first day. The tax fee will be 10% at the end of 31 days, decreasing by a little each day.

Tweet

Consider 2 points if you are considering investing in SteamX

1-Can the team establish CEX and be successful in this space? Consider other competitors as well.

2-Remember that there is a 30% tax fee on the first day(launch day). The tax fee will be 10% at the end of 31 days, decreasing by a little each day.