Issued in January 2018, CoinEx Token（CET) is the native asset of CoinEx Chain. CoinEx Chain is a public chain that launched its mainnet in November 2019.
CoinEx Chain aims to create a decentralized trading system (CoinEx DEX) that is governed by the community. It aims to develop an ecosystem with 3 public chains: (1) DEX Chain, (2) Smart Chain, and (3) Privacy Chain. These three chains focus on trading, smart contracts, and privacy respectively to create a decentralized public chain ecosystem. CET can be used in the following scenarios:
- Discounts on trading fees and used to purchase value-added services on CoinEx.
- Pay for trading fees in CoinEx Chain.
- Initiate and vote on proposals
- CET holders can participate in staking on the CoinEx Chain.