Since early 2020, the Griffex Telegram group has shown no activity from official sources.
Few users simply use the Griffex channel to complain that the system isn't working.
The GFX token is also not listed at CoinMarketCap.com or CoinGecko.com
We've therefore moved Griffex GFX to the Dead Coins section.
Griffex is a marketplace for smart sale and purchase of cryptocurrencies, a flexible trading platform presenting an opportunity for seasoned investors, retail traders, and cryptocurrency enthusiasts at managing multi-currency investment portfolio.
• Trading with a comprehensive range of cryptocurrencies
• Deep liquidity
• Fast and easy KYC/AML verification process
• Business Transparency
• Invest in high-performing bundled portfolio with a single click
• Griffex strategic Indices with a high possibility of floating in a sluggish market
• Community Building program offering lucrative returns
• Multi-signature secured wallet
• Innovative concept of supernode ensures quality and trusted listing
• Opportunity to convert crypto dust to usable currency
• Investing in the cryptocurrency world can be daunting. Volatility is extremely high in comparison to other asset classes and being a successful investor demands a high level of involvement, unless you find yourself jumping in during a bull run.
• To enable investors to enjoy the cryptocurrency market, without the need to spend hours doing so, Griffex has decided to launch its strategic indices
• The INDICES is composed of 5 portfolios of the highest volume coins available on different Exchanges, and represents the entire blockchain ecosystem. In essence, the index allows investors to passively track the trend of the entire cryptocurrency ecosystem, without relying on the success of a particular coin, such as Bitcoin or Ethereum.
Example Millenial Strategic Index screen:
GFX is the platform token issued by Griffex exchange. It is essential for participating in the GFX trading ecosystem.
• Token Name: GFX
• Total Tokens: 2,000,000,000 (2 billion)
• Price: 0.01 USD (Subject to market changes)
• Token Standard: ERC20
• Can be Purchased with: BTC or ETH
Mineable GFX tokens (one-half i.e. 1,000,000,000 of total supply) is reserved for platform users in the form of high-frequency trading fee rebates.
The creation of tokens from this process is commonly known as mining through trading. Griffex solely reserves the right to adjust the rebate rate in future, with a committed minimum rebate cap amounting to 70% of the transaction fee.
The price of GFX token would be determined at the time of trade finalization, with respect to market forces.