Voyager Token (BQX) Exchange Rate
The cryptocurrency market is booming, there’s no doubt about it. As a result, centralized crypto exchanges have become financial institutions to be reckoned with. They are clearing billions of transactions every day, making incredible profits in the process.
Yet, there’s one crypto trading app that goes against the current trend of charging transaction fees ‒ the Voyager exchange app. Below, we take a look at how this company is able to achieve a commission-free broker model and how the BQX token adds value to this service.
What Is Voyager Token (BQX)?
The Voyager Token, known as both BQX and VGX on different exchanges, is the native token of the Voyager crypto brokerage service. It is used to reward the users through cashback, interest, and the Voyager Loyalty Program.
Frequent traders are aware of how inconvenient and expensive trading fees can become in the long run. The Voyager crypto exchange provides a unique service by creating commission-free trades to its users.
To achieve this, it uses something called the dynamic Smart Order Routing mechanism. It scans different cryptocurrency exchanges and takes advantage of price discrepancies. When it finds the best price available for the trader, it takes a tiny fraction of the difference as a trading fee. In a nutshell, the platform makes a commission only when it manages to find the best price in its brokerage system.
A BQX coin investor enjoys multiple benefits by owning this cryptocurrency, including:
- Taking part in the Voyager Token Interest Program. BQX coin holders can simply deposit their tokens via the app and reap interests without locking their funds. The higher the amount of BQX, the higher the profit.
- Get cashback rewards ‒ for every dollar spent using a Voyager Debit card, there will be a reward in VGX as per one’s Reward Tier terms.
Voyager Token Price Live Data
In the VGX token chart on this page, you can see the daily price action of this coin. The VGX stock price seems to have followed a steady bullish trend since mid-January 2021.
However, after attempting to pass the 6.9USD level on three different occasions, this positive momentum flipped into a continuous bearish trend. The VGX price has been declining ever since and is now (June 2021) trading around the $2.5 mark.
How to Convert Voyager Token
Being decently popular among the crypto trader community, the BQX coin can be found on only a handful of cryptocurrency exchanges. Moreover, these usually only propose trading pairs to ETH or BTC, reducing your options considerably.
Fortunately, Godex offers over 200 different trading pairs for the BQX crypto. Even better, you won’t have to create an account or log in before you can initiate a transaction. The reason behind this is that we value your privacy and data safety.
Consequently, we do not collect any names, addresses, or identification documents on our servers. Just follow this simple procedure, and you will be able to convert the BQX cryptocurrency in no time.
- Step 1 - Choose BQX in the pull-down menu and type in the number of tokens that you wish to convert.
- Step 2 - Select your receiving currency and wait for the calculator to show you how much of that token you will be getting.
- Step 3 - Enter the receiving crypto wallet address and initiate the exchange.
Once your payment is verified, you should receive your assets directly at your personal address. Keep in mind that transaction times can vary depending on the saturation of the blockchain you are using. Consequently, it could take up to 30 minutes before you see your coins arrive in your wallet.
Can You Mine Voyager Token?
Like many native tokens, Voyager Token is already 100% premined. So, if you wish to obtain BQX, you will need to buy them on an exchange. And if you are wondering where you can get them, look no further ‒ you are already here!