Ambiguity in the Name of “BUX Coin” and Key Distinctions
In the cryptocurrency space, duplicate token names often cause confusion among investors. There are at least two distinct entities referred to as “BUX Coin,” each with significantly different backgrounds, functions, and market conditions. This article will analyze these tokens with the same name to help readers understand their respective characteristics and risks.
BUX Token: The Platform Utility Token of European Broker BUX
Originally named the Blockport Token (BPT), the BUX Token was renamed following BUX’s acquisition of the Blockport trading platform in 2020. It is a BEP-20 utility token operating on the Binance Smart Chain (BSC), designed to enhance the user experience on the BUX platform.
- Core Function: Users holding at least 1,000 BUX Tokens can enjoy commission-free cryptocurrency trading within the BUX mobile app. The token is designed to reduce trading costs, rather than serve as a speculative investment or reflect BUX’s corporate performance.
- Platform Background: BUX is a European fintech brokerage founded in 2014, dedicated to providing European users with convenient wealth management services. Its platforms include BUX Zero, a commission-free investment service, and BUX Crypto, a cryptocurrency trading service.
- Key Milestones: The BUX platform acquired Blockport in January 2020 and launched BUX Crypto in April of the same year. In October 2022, BUX Zero began rolling out cryptocurrency trading functionality in phases across countries including the Netherlands, Belgium, Spain, and Ireland.Most notably, ABN AMRO announced the acquisition of BUX in December 2023, and the transaction was completed in July 2024.
Current Market Status of the BUX Token
As of September 29, 2026, the price of the BUX Token was approximately $0.001225. Its all-time high reached $0.8252, and the current price represents a decline of approximately 99.85% from that peak.The token’s circulating supply is approximately 57,904,773 BUX, with a maximum supply of 76,384,000 BUX.Its current market capitalization is approximately $254,195. It should be noted that the token’s 24-hour trading volume is extremely low—as of September 29, 2026, it was only about $0.2999—indicating that its active trading market has nearly dried up and lacks meaningful trading activity.
Since the trading market for this token has virtually dried up and there is a lack of valid transactions, there are currently no reliable active trading channels available.
Bux The Rabbit and Buxcoin: Other Tokens with the Same Name and Risk Warnings
In addition to the BUX Token associated with the BUX platform, there are other cryptocurrencies on the market that use the “BUX” name, some of which carry significant risks.
- Bux The Rabbit: This is a Bitcoin-based eToken that runs on the eCash (XEC) network, utilizes the Simple Ledger Protocol (SLP), and claims to be a self-minted token.As of September 2026, its price was approximately $0.00002741, with a market capitalization of approximately $27,410.53, a circulating supply of 1 billion BUX, and a 24-hour trading volume of approximately $212.77.The current trading activity of this token cannot be confirmed; please verify with caution.
- Buxcoin: Another cryptocurrency called “Buxcoin,” launched in December 2019, claims to provide advanced trading technology bridging the foreign exchange and cryptocurrency markets or to enable seamless global fund transfers.However, there are strong allegations of fraud regarding “Buxcoin” and its predecessor “Bux.to”; it is believed to be a multi-level marketing (MLM) or pyramid scheme, and there are even reports that its promoters are suspected of fraud.The project exhibits typical characteristics of a Ponzi scheme, and investors should remain highly vigilant and avoid participation.
Given the strong allegations of fraud and the Ponzi scheme characteristics associated with Buxcoin, the token no longer has an active trading market.
Investment Advice and Risk Warnings
Given that there are multiple “BUX coins” on the market with the same name but vastly different natures, investors must conduct thorough due diligence when considering any related assets. In particular, investors should exercise extreme caution regarding tokens with extremely low trading volumes or those accompanied by fraud allegations, and avoid making blind investments.The cryptocurrency market is highly volatile and carries significant risks; any investment decision should be based on independent judgment and risk tolerance.
