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Binance Cartel is a cryptocurrency cartel that offers BCARTEL tokens to its members, which has four key utilities: CartelSwap, CartelCleanerBot, CartelVaults, and CartelScreen. Through CartelSwap, users can anonymously switch between cryptocurrencies without relying on exchanges. The native token BCARTEL will be listed on Hotbit Exchange on April 10th, 2023, at 06:00 AM UTC.
INTRODUCING BINANCE CARTEL
Binance Cartel is a cryptocurrency community that aims to provide its members with a unique and exclusive experience. It offers its members the $BCARTEL token, which has four main utilities: CartelSwap, CartelCleanerBot, CartelVaults, and CartelScreen.
CartelSwap is an innovative feature that allows users to anonymously switch between any cryptocurrencies without relying on exchanges. It eliminates the need for users to register on multiple exchanges and risk exposing their personal information. Instead, users can seamlessly swap between their desired cryptocurrencies through CartelSwap.
 
 
To make CartelSwap more accessible, Binance Cartel has also integrated the newly released feature into Telegram through its CartelCleanerBot. This integration makes CartelSwap the first swap and mixer accessible within the app. As a result, users can conveniently access CartelSwap through Telegram, without the need to switch to other applications.
CartelVaults is a unique staking and ranking system designed for long-term holders. The more loot users store in the CartelVaults, the more they will be respected among their peers, rank up from a soldier to a boss, and earn lucrative rewards. This incentivizes long-term holding and creates a sense of community within the Binance Cartel.
To support the CartelVaults system, Binance Cartel plans to add a 3% tax to transactions on CartelSwap. The revenue generated will be allocated to the CartelVaults for automatic buybacks and burns, benefiting all $BCARTEL holders. While the details of the staking system are still in pre-release, it promises to be a highly interactive system with increased earning potential.
Finally, CartelScreen offers a range of cryptocurrencies to trade, including Stop Loss/TP functionality, copy trading, and HoneyPot protection. The Stop Loss/TP functionality ensures that users can manage their risk effectively, while copy trading allows users to follow and replicate successful traders. The HoneyPot protection feature automatically reverts transactions if a Honeypot is detected, ensuring users’ funds are safe.
About BCARTEL Token
Binance Cartel’s BCARTEL token is a unique and innovative cryptocurrency designed to offer users a range of exclusive benefits and features. As an ERC-20 token with a total supply of 1,000,000,000, BCARTEL has a well-defined tokenomics structure.
One of the key features of BCARTEL is its transaction tax structure. Binance Cartel plans to introduce a 3% tax on transactions made through CartelSwap. This tax revenue will be allocated to the Cartel Vaults to perform automatic buybacks and burns. This approach ensures that the $BCARTEL holders benefit from the long-term value appreciation of the token. The buyback and burn mechanism also helps to regulate the token’s supply, reducing the circulating supply and ultimately increasing its value.
In addition, BCARTEL has a well-defined buy-and-sell tax structure. The buy tax is set at 4%, with 4% of the revenue generated allocated to marketing. The sell tax is also set at 4%, with 4% of the revenue generated allocated to marketing. This tax structure provides a stable and reliable income stream to support the development and marketing of the Binance Cartel ecosystem.
ABOUT HOTBIT
Founded in 2018 and holding an Estonian MTR license, American MSB license, Australian AUSTRAC license, and Canadian MSB license, Hotbit cryptocurrency exchange is known as a leading trading platform that continues to develop and integrate various forms of businesses such as spot trading, financial derivatives, cryptocurrency investment and DAPP into one platform. Currently, Hotbit has already gained over 8 Million registered users from more than 210 countries and regions. Based on its globalized and unified strategies, Hotbit continues to focus on the world’s emerging markets, such as Russia, Turkey, and Southeast Asia markets and was ranked one of the top 3 most welcomed exchanges by Russian media in 2019. Hotbit is constantly introducing and listing high-quality crypto projects so that its users can directly trade, manage, track, and analyze cryptocurrencies, making the entire experience easier for ordinary people.
Start Trading Now:
Trading on Hotbit: https://www.hotbit.io/exchange?symbol=BCARTEL_USDT
Hotbit Telegram: https://t.me/Hotbit_English
Hotbit Twitter: https://twitter.com/Hotbit_news
BCARTEL Links:
Official Website: https://cartel.finance
Twitter: https://twitter.com/Bcartel_Erc20
Telegram: https://t.me/BCARTELOfficial
Source: https://zycrypto.com/bcartel-binance-cartel-is-now-available-for-trading-on-hotbit-exchange/