Explore the future of trading with SFX Coin | SimpleFX token 78% of retail investor accounts experience cash losses as a result of trading CFDs with this CFD provider. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 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Stake & Trade Make extra money from staking and trading](/earn-stake-trade "Make extra money from staking and trading") [Go to offer](/offer) Trading info [Our symbols Trade multiple financial assets](/instruments "Trade multiple financial assets") [Payment methods Multiple fiat and crypto options](/payments "Multiple fiat and crypto options") [SFX Coin Explore multiple possibilities available with our token](/sfx-simplefx-coin "Explore multiple possibilities available with our token") [Bitcoin Lightning Network Reach new heights in crypto trading](/bitcoin-lightning-network "Reach new heights in crypto trading") [Zero fees Explore our free features](/zero-fees "Explore our free features") Platforms [Mobile app Trade everywhere you go](/mobile-app "Trade everywhere you go") [Desktop app Exploit the whole power of SimpleFX](/desktop-app "Exploit the whole power of SimpleFX") [Web app Utilize cutting-edge technology](/web-trader "Utilize cutting-edge technology") [Go to platforms](/platforms) Company [About SimpleFX Check out essentials about our brand](/about "Check out essentials about our brand") [Cybersecurity awareness Find out how we protect your transactions](/cybersecurity-awareness "Find out how we protect your transactions") [Connect for business Explore tailored solutions dedicated to your business](/connect-for-business "Explore tailored solutions dedicated to your business") [Help center](/help-center) EN - English AR - العربية ES - Español FR - Français HI - Hindi ID - Bahasa Indonesia KO - Korean MY - Malay PT-BR - Português RU - Русский TH - ภาษาไทย TR - Türkçe VI - Tiếng Việt ZH - 中文 * [](/ "Home") * SimpleFX Coin (SFX) SimpleFX Coin (SFX) =================== Ready to embark on an exciting new chapter in your trading journey? Trade with the crypto multi-asset trading platform pioneer and its exclusive SFX token. Start collecting **SFX Coins** today. By doing so, you'll not only gain access to **spread cashback**, but also enjoy a **range of exclusive privileges** designed to upraged your user trading experience. Get all possible SFX Coins while exploring the **endless potential of our platform**. [Rewards wallet](https://app.basitfx.com/sfx-simplefx-coin) ![SimpleFX Coin (SFX)](./assets/sfx-coin/sfx-coin-icon-mobile@2x.png) ![SFX Coin](./assets/sfx-coin/sfx-coins-multiple@2x.png) SFX COIN ### About SFX Coin SFX Coin (SFX) is a **utility token** and core component of the broader **SFX Coin ecosystem**. It enables users to benefit from **spread cashback**, **early access to new products and features**, and **a range of other exclusive advantages**. You can earn SFX Coins through various activities on our platform, including **deposits**, **trading**, and **friends’ referrals**. Advantages Exploring Key Features and Benefits ----------------------------------- #### SFX Coin Cashback With SFX Coin in your possession, you're not just holding a token, you're securing a gateway to unmatched advantages!
 Imagine recouping a portion of your trading expenses with every transaction! That's right - with SFX Coin Cashback, you're reducing your overall trading expenses! Get back part of the spread in the form of cashback. You’ll receive it on a dedicated rewards wallet, visible in the reward center. You can later payout the preferred amount of money to one of your accounts and use it for trading or withdrawal.
 Cashbacks are credited daily, however, we reserve the right to change that schedule in certain circumstances. [Terms & Conditions apply](https://basitfx.com/blog/sfx-coin-cashback-terms-and-conditions/). **How much will you receive?** It depends on how many SFX Coins you own. You can find our thresholds below: 1% above 2 SFX 2% above 4 SFX 3% above 10 SFX 4% above 30 SFX 5% above 100 SFX 6% above 1000 SFX 7% above 10000 SFX 8% above 100000 SFX 9% above 1000000 SFX 10% above 10000000 SFX Withdrawal Fee Rebates Optimise your trading strategy with reduced fees on fund withdrawals, enabling you to make the most of your assets. Early Access to New Products And Features By holding SFX tokens, you join the group of elite users of the SimpleFX platform that enjoy early entry to new products and features, along with privileged terms for emerging services. VIP Services For Large Token Holders As a holder of a significant number of tokens, you will have access to VIP Support, featuring a dedicated account manager. Get SFX Coin How can you get SFX Coins? -------------------------- To make the most of SFX Coin loyalty program and acquire as many SFX Coins as possible, make deposits, trade, and refer your friends through our affiliate program. Activities * Get 0.5 SFX for daily use of the mobile app * Do KYC verification to get 1 SFX for every successful check * Deposit $5 or more and receive 2.61 SFX * Make your first trade and get 5.2 SFX * Earn 1.33 SFX in cashback for every $1 worth of spread value generated through trading [Rewards wallet](https://app.basitfx.com/sfx-simplefx-coin) Referrals * Get 1.32 SFX for every referral who makes the first deposit of $5 or more * Refer friends and earn 4.25 SFX for each upon their first trade * Earn 0.85 SFX for every $1 value of your referrals revenue [Rewards wallet](https://app.basitfx.com/reward-center?promotion=SfxCoinCashback) SFX Coin Roadmap Roadmap ------- April 2024 Airdrops Collect all possible SFXs up to May 2024 Launch May 2024 Spread Cashback You can still collect SFXs During the airdrop phase, users had the chance to accumulate SFX Coins through various means, such as deposit, trading, refering friends to SimpleFX and exclusive giveaways. Now the airdrop phase is gone, but **you can still collect SFX Coins!** Every opportunity to obtain SFX Coins is significant, and users are encouraged to take advantage of all available channels to **maximise their acquisition of SFX Coins**. **From now on**, SFX Coin holders have access to a suite of valuable benefits, including **spread cashback**. SFX Coin Legacy SFX Coin Legacy --------------- **As we navigate the evolutionary journey of SFX Coin, it's crucial to honor and understand its origins. This section is dedicated to exploring the initial concepts and aspirations that laid the foundation for SFX Coin, even as our project's scope and vision have evolved significantly.** Original Project Intentions SFX Coin was designed for deployment on the versatile Ethereum blockchain, offering tangible value to its holders by optimizing trading costs, enabling participation in platform profits, and enhancing their decision-making power within the platform. The vision included creating a token with a fixed maximum supply, not only exchangeable but also holding market value, integrated into a broader ecosystem of digital currencies. Our initial plans and guidelines were defined in our litepaper, available [here](https://basitfx.com/resources/SFX-SimpleFX_Coin-Litepaper.pdf). Why Did The Change Occur? As our project progresses, we've opted to lift existing limitations associated with the unregulated sector and unlock new opportunities for our customers, including the introduction of new payment methods. In pursuit of expanding our horizons, we strategically entered the regulated financial arena by acquiring the Investment License in Mauritius. Looking ahead, we plan to acquire additional licenses to reinforce our standing in the multi-asset trading platform market, further enriching the opportunities for our customers. Navigating this regulatory environment, however, has necessitated the transformation of SFX Coin into a loyalty program centered on a cashback philosophy. This means that the primary benefit for token holders will be an opportunity to receive a portion of transaction costs back. #### Benefits of the Loyalty Program The new form of SFX Coin will allow users to enjoy a variety of compelling benefits, transforming every interaction on our platform into an opportunity for added value: **Spread Cashback:** This is the cornerstone of our loyalty program. Token holders receive a percentage of the trading spread back on every transaction. This reduces trading costs and enhances the overall profitability of trading activities. **Withdrawal Fee Rebates:** We understand that the costs associated with moving funds can deter trading enthusiasm. By holding SFX Coins, users benefit from reduced withdrawal fees, making managing their investments more economical. **Early Access to New Products and Features:** Holding SFX Coins places you at the forefront of SimpleFX innovations. You gain priority access to new tools and services, ensuring you can leverage advanced features before they become available to the general market. **Exclusive VIP Services for Large Token Holders:** Users with a significant number of tokens are eligible for VIP services, including a dedicated account manager and personalized customer support. This level of service ensures that large holders have a direct line of assistance and support whenever needed. Click here to start collecting SFX Coins. [Get Your SFX Coins](https://app.basitfx.com/sfx-simplefx-coin) #### Conclusion By restructuring SFX Coin into a loyalty program, we're not just adhering to financial regulatory requirements but actively enhancing the user experience, making the interaction with our platform more rewarding. This strategy maintains our original customer-focused vision as we navigate the new regulatory financial environment, positioning both our platform and its users for future growth and success. SFX COIN SFX Coin allocation ------------------- We have designed the SFX Coin to serve as a powerful tool for **driving the growth and expansion** of our trading platform. The majority of our token supply will be directed towards **incentivising our users**, **developing new partnerships** and **promoting the growth of the SFX Coin ecosystem**. Originally, we envisioned minting **100 million SFX tokens**, orchestrating their gradual release over a span of up to 5 years to ensure a controlled and impactful introduction into the market. However, as a crucial step in our strategic evolution, we've decided to pivot away from pursuing its blockchain integration. Yet, our commitment to meticulously managing the token distribution remains unchanged, guaranteeing a seamless and rewarding journey for our community. ![SFX Coin allocation](./assets/sfx-coin/sfx-allocation-chart@2x.png) Liquidity Ecosystem Development Airdrops Long Term Reserve Partnerships Learn More Questions about SFX Coin? ------------------------- 1\. What is SFX Coin? SFX Coin (SFX) is a utility token of the SimpleFX trading platform. Holding SFX Coins gives you access to executive privileges, including spread cashback. You can get SFX Coins by making deposits, trading, and referring your friends through our affiliate program. 2\. What are the benefits of holding SFX Coins? By owning SFX Coins, you unlock a host of benefits that include spread cashback and other exclusive privileges designed to take your trading journey to new heights. 3\. How many SFXs are there, and what’s their allocation? Initially, our plan involved minting 100 million SFX tokens and methodically distributing them over a period of up to 5 years to ensure a deliberate and influential market introduction. However, as a pivotal move in our strategic development, we've opted to diverge from pursuing its blockchain integration. Nevertheless, our dedication to carefully overseeing the token distribution remains steadfast, ensuring a smooth and gratifying experience for our community. 4\. What is the value of SFX tokens? The value of SFX Coin lies in the incredible opportunities it unlocks for you as a trader on our platform. It serves as a gateway to substantial benefits. By collecting and holding our tokens, you're essentially building your path to significant savings. These tokens are your key to unlocking exclusive spread cashback, allowing you to trade more efficiently and cost-effectively. So, in essence, the true value of our token is the power it gives you to maximize your trading potential and achieve greater financial success. 5\. Where can I find the litepaper? As we adapt our vision, SFX Coin will retain its status as a utility token, serving as a valuable asset within our platform. While we've shifted our focus, it's important to note that our previous plans and arrangements are still accessible in our litepaper. We remain committed to transparency and ensuring that our community has access to the information they need to understand our journey and the utility of SFX Coin. You can find the SFX litepaper [here](https://basitfx.com/resources/SFX-SimpleFX_Coin-Litepaper.pdf). 6\. How can I withdraw my SFX Coins? SFX Coin is designed as an internal utility token of our trading platform. The real value of SFX Coin is not in its payout, but in building savings, trading cheaper, more effectively, and earning cashback at the end. You can use the cashback you receive to open new positions or withdraw it. 7\. Can I transfer my SFX Coins to selected crypto exchange? It is not possible to transfer your SFX Coins to another exchange. 8\. Is SFX Coin listed on cryptocurrency exchanges? SFX Coin is not listed on any exchange. Originally, the assumptions were different, but due to the dynamic changes of SimpleFX, we decided to act differently. We have described everything in the SFX Coin Legacy section on this subpage, we encourage you to read it. Simple account opening. Simple way to start investing. No fees and no minimum deposits Enter your e-mail I accept the [Terms of Use](https://basitfx.com/legal-documents) & [Privacy Policy](https://basitfx.com/privacy-policy/). Open account now ![Discover SimpleFX](/assets/images/new-sfx-app-webtrader-mobile-v2@2x.png) ![BasitFX](assets/images/basitfx-logo-white.png) Find us on [](/social/facebook)[](/social/linkedin)[](/social/youtube)[](/social/tiktok)[](/social/telegram) Join our community [](/social/x)[](/social/discord) Download SimpleFX [](https://basitfx.com/get-app/ios) Scan this QR code download app. ![](https://api.basitfx.com/mobile-store/qr/ios) [](https://basitfx.com/get-app/android) Scan this QR code download app. ![](https://api.basitfx.com/mobile-store/qr/android) [Offer](/offer) Offer [Crypto](/offer/crypto) [Forex](/offer/forex) [Indices](/offer/indices) [Commodities](/offer/commodities) [Equities](/offer/equities) [Metals](/offer/metals) [Earn - Stake & Trade](/earn-stake-trade) [Promotions](/promotions) [Go to offer](/offer) [Platforms](/platforms) Platforms [Mobile app](/mobile-app) [Desktop app](/desktop-app) [Web app](/web-trader) [Go to platforms](/platforms) Trading information [Our symbols](/instruments) [Payment methods](/payments) [SFX - SimpleFX Coin](/sfx-simplefx-coin) [Bitcoin Lightning Network](/bitcoin-lightning-network) [Zero fees](/zero-fees) [API](https://github.com/SimpleFXcom/simplefx-api) Support [Help center](/help-center) [Frequently asked questions](/faq) [Status](/status) [Currency calculator](/currency-calculator) Academy [Education](/education) [Trading glossary](/trading-glossary) Company [About us](/about) [Cybersecurity awareness](/cybersecurity-awareness) [Connect for business](/connect-for-business) [Brand assets](/brand-assets) Affiliate [Become a partner](/affiliate) [Unilink](/unilink) Privacy and Regulation [Legal documents](/legal-documents) [Rollover](/rollover) [Privacy policy](/privacy-policy) [Cookie policy](https://basitfx.com/resources/SimpleFX_CookiesPolicy.pdf) **SimpleFX Group** consists of the following entities: **8TECH LTD** authorized and supervised by the Financial Services Commission in Mauritius licence number GB23201604. Office Address: 18 Bank Street Ground Floor, Silver Bank Tower Cybercity, Ebene, Mauritius. 8TECH LTD does not provide any Fiat Exchange Services nor Cryptocurrency exchange services. 8TECH LTD does not support cryptocurrency trading accounts nor cryptocurrency deposits. **8TECH ZA (PTY) LTD** a Crypto Assets Service Provider and FSP with License No 53073 Authorized by the Financial Sector Conduct Authority (FSCA), Office address: 4 Haven Lane Malvern Queensburgh Durban Kwa-Zulu Natal 4093, South Africa. 8TECH ZA (PTY) LTD offers cryptocurrency deposits and supports cryptocurrency trading accounts based on the FSCA license No 53073 with crypto assets subcategory. **8TECH SVG LTD** with registration number 22361 BC 2014 with registered address at Beachmont Business Centre, Suite 404, Kingstown VC0100, Saint Vincent and the Grenadines. 8TECH SVG LTD is the owner of the website SimpleFX: Free trading & investing platform. 8TECH SVG LTD offers cryptocurrency deposits and supports cryptocurrency trading accounts. 8TECH SVG LTD does not offer Fiat exchange services nor Cryptocurrency exchange services. **SimpleFX Group** is not authorized by any EU authority, EEA National Competent Authority or the United Kingdom. SimpleFX services are outside the EU and the UK regulatory framework. You will not be covered by the Investor Compensation Fund. The information on this website does not constitute, nor should it be construed or understood as an inducement or solicitation to engage in any investment or trading activity and is not intended as a marketing or promotion of the SimpleFX services to citizens of the EU, the EEA or the UK. **SimpleFX Group** does not provide services to citizens and residents of the United States or any country where such distribution or use would be contrary to local law or regulation. **RISK WARNING** Margin trading in foreign currency, virtual assets or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Tax may be payable on any profits and you should seek independent advice on your taxation position. 2026 SimpleFX. All rights reserved. [ Write to us. We respond 24/5. ](https://app.basitfx.com/login?action=open-livechat)