The following advantages make CET a versatile and potentially rewarding investment within the CoinEx ecosystem: 1. Trading Fee Discounts: You can use CET to pay for trading fees on the CoinEx platform, receiving significant discounts, which can reduce your trading costs by up to 90% for high-volume traders.2. VIP Privileges on CoinEx: Holding CET grants access to VIP status, which includes benefits like faster withdrawals, dedicated customer service, and special airdrop incentives.3. Staking Rewards: By staking CET, you can earn rewards. CoinEx offers various staking pools that provide recurring yields on your CET holdings, potentially increasing your overall returns.4. Governance Participation: CET holders can participate in the governance of the CoinEx Smart Chain (CSC). This means you can vote on proposals and have a say in the future direction of the network.5. Deflationary Mechanism: CoinEx employs a buyback and burn strategy, using 20% of its daily trading fee revenue to repurchase and burn CET tokens. This reduces the total supply over time, potentially increasing the token's value due to scarcity.6. Gas Fee on CoinEx Smart Chain: CET acts as the gas token for the CoinEx Smart Chain (CSC), which is necessary for transactions and smart contract interactions on the network.