FLEX
CoinFLEX (Coin Futures and Lending Exchange) is a physically delivered cryptocurrency futures exchange. CoinFLEX offers investors the ability to hedge Bitcoin and other cryptocurrency exposure forward using collateral in Bitcoin and/or Tether. It also offers spot exchange order books.
Anyone who owns 100 FLEX Coins can redeem 100 FLEX at CoinFLEX.com in exchange for a 50% reduction of their current 24 hours of trading fees. This 24 hour period is strictly measured from noon UTC to noon UTC. Any redeemed FLEX will be burned and removed from circulation.