Coinmetro’s ecosystem is powered by the $XCM - The Coinmetro token.
The XCM token is traded on the Coinmetro platform, open 24/7, 365 days a year. The token offers many benefits to its holders. In this short article, we will cover how the XCM token can benefit your bond holdings.
How can I upgrade my Tier?
Your Coinmetro account tier can be upgraded by buying and staking XCM tokens, which will increase the interest rate of your bond holdings - among other benefits. The stake of tokens means that they will not be available for you to trade. You can take the tokens out of the staking program for 50% of the total paid rewards for the plan will be deducted from your staked XCM, which will downgrade your tier and interest rate to the default rate. The XCM tokens can be sold back to the market at any time.
Tiers and Interest Rates
The default interest rate is for the Coinmetro bond is 8%. To increase your bond interest rate, you can stake more XCM and upgrade your account tier. The Tiers and Interest Rates are as follows:
Tier 1: 10,000 XCM, 9%
Tier 2: 25,000 XCM, 10%
Tier 3: 50,000 XCM, 11%
ICO Tier: 12% (not attainable for new users)
You can buy and sell XCM tokens at any time, around the clock. There are no limitations imposed on your XCM token holdings.