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Bounce token, also known as AUCTION, is the native utility token of the Bounce Finance crypto ecosystem. It plays a crucial role in the functioning of the decentralized auction protocol platform and in protocol governance. Each AUCTION token represents a single vote in governance proposals, meaning holding more AUCTION tokens grants participants more voting power and thus greater influence in decision-making. The AUCTION token facilitates “value capture and realization” while combining game theory and economic incentives to enhance adoption and platform utility.
What is AUCTION?
AUCTION aims to facilitate “value capture and realization” while enhancing adoption and platform utility by integrating game theory and economic incentives.
Additionally, pool creators use the AUCTION token as a medium of exchange when setting up auctions, and users receive auction proceeds in AUCTION tokens. Another valuable feature of AUCTION is its provision of access to advanced auction types with private pools and discounted token prices. Furthermore, AUCTION holders can create “socially approved pools,” helping to minimize fraud and fake pools.
Platform users can also conduct cross-chain Bounce token swaps through the Bounce application’s withdrawal page. Bounce facilitates conversions between Ethereum 
$2,651 ERC-20 and Binance Smart Chain (BSC) BEP-20 token standards for equal amounts of tokens. Users can also switch between the Ethereum and BSC versions of the platform.
Where to Buy AUCTION Coin?
AUCTION Coin can be securely traded on Binance, the world’s largest cryptocurrency exchange by trading volume. AUCTION Coin is traded on Binance in the AUCTION/BTC, AUCTION/USDT, and AUCTION/BUSD pairs.
To buy AUCTION, users must first register on the Binance exchange. After completing registration, cryptocurrency or fiat currency should be transferred to the Binance wallet. Once the transfer is complete, AUCTION Coin can be purchased in any of the three pairs mentioned above. To buy through the AUCTION/USDT trading pair, users should first navigate to the pair’s interface, enter the desired amount in the field provided in the limit tab, and complete the purchase by placing a Buy AUCTION order.
