The IronX Exchange plans to utilize its platform token, IRX, as the main coin backing the system’s usage. Users will have the freedom to chonose between paying trading fees in the currency of the transaction, or, paying in IRX tokens. Fees paid in IRX tokens will carry a substantial discount on the exchange, incentivizing frequent traders to use IRX for all fees and transactions. IronX Exchange plans to offer holders of IRX coins additional benefits in a variety of ways. Based on such holder’s IRX holding levels, they could be entitled to additional services and incentives such as personal account management, market updates, and possibly marketing bonuses, all adhering to the required regulatory procedures and policies.