MatrixCoin (MIX) total possible minting/burning supply will never exceed Bitcoin (BTC)’s total supply.
MatrixCoin (MIX) carries an 8 decimal precision and is only ever issued out at the same Satoshi rate as Bitcoin (BTC) to enable full and transparent backing via minting and burning. MatrixCoin (MIX) is utility within Matrix Gaming IT, the Matrix ecosystem for global competition gaming. MIX further carries utility within digital treasure mining and collecting via the Matrix Blockchain Treasure Miner contract and marketplaces.
A 0.5% BTC “convenience fee” applies to all transactions over $1000 dollars when exchanging with MatrixCoin (MIX). Any transactions between $500 and $1000 carries a standard $5 USD transaction fee. Any transactions between $5 and $500 carries a standard $2.50 USD transaction fee. The 0.5% convenience fee is already factored into the BTC total cost for the amount of MIX you are buying for tournament staking. MatrixCoin (MIX) will be sent upon confirmation of your Bitcoin (BTC) payment received into the Matrix Chain Ecosystem’s company escrow holding.