Questions and Answers.
Q1: Is the 888 liquidity pool locked?
A1: Yes, 100% of the USDT liquidity pool is locked until August 2028 to give investors the confidence they can enter or exit their 888 holding at any time. You can review the liquidity pool lock on the token's Team Finance page. We also have a ETH (Ethereum) liquidity pool to enhance and simplify your trading options.
Q2: Why is 888 not available on any CEX?
A2: Most CEX's are unable to facilitate the reflection rewards system. Also CEX listing fees are onerous, often more than $30k USD for a junior listing. This money is better spent offering higher rewards to 888 investors who use DEX's to acquire 888 and wallets like Metamask or Trust Wallet to self-custody their tokens.
Q3: What is the 1.0% tax on 888 buys and sells used for?
A3: 888 utilizes the 'reflection' system for token tax. Reflection tokens reward holders with new tokens in their wallets. This is done by employing a mechanism in which transactions are taxed at 1% and tax is redistributed to holders of the token. Holders don't need to do anything, the distribution system is automated. Also, starting in March 2024 we will introduce an automatic token burn mechanism. On every trade a small amount of 888 tokens will be burned thereby reducing supply and enhancing value for all token holders.
Q4: What social media does 888 have?
A4: We appoint professional marketeers to promote 888 so the 888 team can focus on delivering a great crypto product. We are the cryptocurrency experts and we leave social media to the social media professionals. The 888 community is free to promote 888 online but this website is the only official 888 site. Parties interested in strategic alliances can email the 888 team.
Do not trust any other websites, Telegram groups or other social media apps that offer 888 airdrops, migrations or special offers. They are phishing scams and you will lose all your money. Only use the links listed on this official website.
Q5: Will 888 tokens be burned?
Q5: Starting in March 2024 we will burn a small amount of 888 tokens on every trade or transfer, thereby reducing supply and enhancing value for remaining token holders. You can review the burned token count via the token's Etherscan page. Look for the 'Trustswap Team Finance Lock' wallet.
Q6: Why should I buy and hold and not day-trade?
Q6: For 888 we have designed the token to benefit long term holders. Simply buy and hold and you will see the number of 888 tokens in your wallet gradually increase over time. You will earn a share of the reflection tax every time someone else buys, sells or transfers their 888 tokens. The more patience you have, the more you will profit. Also, considering the total number of 888 tokens in circulation is steadily decreasing, you win twice; through your own token numbers growth and by accumulating a bigger percentage share of a diminishing supply of total tokens in circulation.