CHEX (CHEX)

CHEX is the native token of the Chex ecosystem, while Bitcoin is an independent cryptocurrency with its own blockchain built mainly as digital money. Tokens like CHEX typically run on an existing blockchain and play a specific role within their project. In CHEX's case, that role is defined by the Chex platform's own use cases rather than acting as a general store of value.

Like most modern tokens, CHEX relies on blockchain technology — a distributed ledger where transactions are verified by a network of computers instead of a central authority. This means no single party can unilaterally change balances or records. The security and finality of your transactions depend on the underlying blockchain the token runs on.

Token supply details such as maximum cap and distribution are set out in the project's official documentation, which you can find via the Chex website. Typically, tokens are allocated across things like the token sale, the team, and ecosystem development. For exact, up-to-date figures, always check the official source rather than third-party summaries.

You store CHEX the same way you'd store any blockchain token: in a crypto wallet that supports its underlying network — this can be a software wallet on your phone or computer, or a hardware wallet for extra security. You'll also need the wallet's recovery phrase kept safe and offline. To use the token, you simply send and receive it using your wallet address, just like any other crypto asset.