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What is BitPhoenix?

BitPhoenix is a cryptocurrency token (BTPX) built on the Ethereum blockchain. It aims to offer a transparent, secure, and user-friendly investment opportunity, leveraging blockchain technology to provide sustainable yields generated from real-world investments.

How does BitPhoenix work?

BitPhoenix operates similar to a fund model with additional blockchain-based safety measures. It is recommended for potential investors to buy and hold BTPX as the project invests 25% of capital raised in diverse markets, including crypto, traditional finance, and real-world businesses. Profits from these investments are distributed monthly to token holders as airdrops in USDT or USDC.

How can I buy BTPX tokens?

BTPX tokens can be purchased through Uniswap using USDT or USDC. You’ll need a compatible wallet like MetaMask to interact with Uniswap and complete the transaction.

Which wallet can I use to store BTPX?

Metamask, TrustWallet and Exodus are the first non-custodial wallets that support BTPX. Once you receive your BTPX to your wallet in case the tokens are not visible you can follow the instructions here to import the tokens. Of course you can view the tokens through Etherscan or any other blockchain explorer for Ethereum.

What are the benefits of holding BTPX tokens?

Benefits include potential monthly passive income from investment profits, exposure to exclusive investment opportunities that would be otherwise inaccessible, and the ability to influence long-term investment decisions through community participation.

Are there any risks involved in investing in BitPhoenix?

Like any investment, there are risks involved, including BTPX price volatility. We have measures in place to mitigate these risks and the investment strategies implemented are only exposed to low and medium risk.

Why was Ethereum chosen as the platform for BitPhoenix?

Ethereum offers robust smart contract functionality, a large and active developer community, widespread adoption, and a leading role in the DeFi space, making it an ideal platform for BitPhoenix.

How is BitPhoenix different from other DeFi projects?

BitPhoenix focuses on simplicity, transparency, and community involvement. Our investment strategy is diversified beyond crypto, involving traditional finance and real-world assets, managed by professionals. The project is not a pure DeFi at its roots as we combine elements of both DeFi and CeFi, while we are working on moving all CeFi aspects in the DeFi world, by gradually tokenizing all investment activities.

How are the profits from investments distributed to token holders?

Profits are distributed through monthly airdrops with the help of Smart Contracts directly to token holders’ wallets in USDT or USDC. The distribution amount is proportional to the number of BTPX tokens held, similar to dividends paid to shareholders in TradFi.

What is the total supply of BTPX tokens?

The total supply is capped at 10 billion BTPX tokens, all minted in a one-off event to ensure scarcity and value.

How can I track the performance of the investments?

BTPX holders can track the performance of the investments through regular updates in our Insights section, which provides details about investment strategies and returns. According to our Roadmap, tokenization plays a significant role and we aspire to be able to bring the investment vehicles on-chain making the investment process fully transparent and easily monitored.

Can I sell my BTPX tokens at any time?

Yes, you can sell your BTPX tokens at any time on Uniswap. There are no lock-up periods and no restrictions.

How does BitPhoenix ensure the availability of liquidity on Uniswap?

BTPX liquidity is a top priority for BitPhoenix. Our smart contracts are being audited to ensure functionality and no vulnerabilities. The majority of funds are securely locked in liquidity pools. Also reserves and short-term liquid investments are available to support token liquidity if needed.

Who is behind BitPhoenix?

The BitPhoenix team comprises individuals with expertise in finance, cryptocurrency, software engineering, as well as successful entrepreneurs. The team has chosen to remain anonymous to maintain a focus on the project’s mission and integrity and drive the project to a full DeFi platform managed by the Community.

Can I track in real-time the funds available?

Yes, transparency is key for us. Investors can track real-time  on chain the locked liquidity and reserves through the public addresses and the Uniswap pool.

Are there any fees associated with buying or selling BTPX tokens?

There is a 1% swap fee on Uniswap for transactions involving BTPX tokens. This fee is part of our revenue model and is crucial for the sustainability of the project.

What types of investments does BitPhoenix make with the pooled funds?

Our investment approach is diversified, involving not only cryptocurrency but also traditional financial markets and real-world assets. This includes trade financing, physical commodity trading, algorithmic trading and AI-powered strategies. 60% of the assets available for investment are utilized in real-world low risk strategies.

How are the returns from investments calculated and distributed?

Returns are calculated based on the total profits from our diversified investment portfolio. These profits are then distributed monthly as airdrops to BTPX token holders, proportional to their token holdings. Reports are published in our Insights section and included in newsletters to all subscribers.

Is there a minimum amount required to invest in BitPhoenix?

No, there is no minimum investment amount for BitPhoenix. Investors can purchase as many or as few BTPX tokens as they prefer on Uniswap.

What happens if the investments made by BitPhoenix do not generate profits?

If investments do not generate expected profits in a given month, airdrops will be temporarily paused. Our team will always employ low to medium risk strategies to minimize the likelihood of this adverse scenario, ensuring the long-term sustainability of the project.

How does BitPhoenix manage the risks associated with its investment strategies?

Our team includes experienced professionals who employ a mix of conservative strategies, along with rigorous risk management practices, to balance potential returns with the safety of available capital.

What measures does BitPhoenix take to protect against smart contract vulnerabilities?

Our smart contracts are developed by experienced engineers and undergo thorough audits.

In the case of BTPX price volatility, how will BitPhoenix protect its investors?

We have strategies in place, including maintaining a reserve fund and highly liquid investments to mitigate the effects of market volatility and protect our BTPX holders’ interests. Furthermore, the majority of token sale proceeds are kept out of reach in the Uniswap liquidity pools.