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BitForex Token (BF) is a cryptocurrency project launched in 2019 by the Singapore-based BitForex Exchange. The project was created to facilitate transactions on the BitForex Exchange and to add liquidity to the trading platform. BitForex Token is an ERC-20 token built on the Ethereum blockchain and is designed to reduce transaction fees and improve the speed of transactions. It is used to reward users of the platform for their contributions to the BitForex community such as providing liquidity, trading, and participating in the BitForex Exchange.
BitForex Token is a part of the BitForex Exchange ecosystem, which includes a variety of services such as BitForex Academy, Trade Crypto Pass, and BitForex Tokens. This ecosystem has enabled BitForex Exchange to become one of the largest cryptocurrency exchanges in the world. The Exchange has also been able to attract high-profile investors such as IDG Capital, Node Capital, and FunCity Capital, who have invested in the project to help drive its growth. BitForex Token is quickly becoming a popular cryptocurrency project with its low transaction fees, high liquidity, and fast transaction speeds.