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Recently one of the biggest ICOs has been launched, namely PRIMEX.
What is Prime X Coin
PrimexCoin is a one-of-a-kind blockchain-based cryptocurrency designed to deliver blazing fast, secure and near-zero cost payments to anyone in the world. It is designed to overcome well-known inefficiencies within government central banks and other cryptocurrencies. We believe everyone should be able to initiate transactions that are fully secure, private and anonymous. For that reason PrimexCoin contains proven innovations that other coins have not been able to develop and incorporate. Exchanger, Financial Systems, Lightning Network and Cloud Mining are here for you. Join PrimexCoin now!
The use of FIAT currency as an exchange medium has been under lots of threat over the years and as a result of this, there has been new innovation and development in the world of finance. Manual payment method were been used to carry out transaction between parties over the years which this has recorded some set-back
Some of the set back experienced by Manual and tradition payment method have been lack of trust, transparency issue, insecurity, slow processing, and bad customer support. Because of these issues there has been call for permanent solution to the financial payment problems. These problems have force the hands of people to the development of crypto-currency which was introduced in some years back. Ever since the introduction of this crypto-currency there has been an improvement and progress with our financial payment system. This crypto-currency that was launched in those years back was backed-up by the latest technology called “BLOCKCHAIN”. I believed majority if not all of us have seen what this technology is capable of doing. It brings about improvement and greatness to the financial industries.
The details of the ICO
Like any other exchange platform, PrimeX will also have its own internal token – PXC. In total, for the development of their project, the developers will launch 200 million coins, each of which will be developed on the Blockchain with the algorithm X11, PoS & Masternode.
For public sale will allocate only 150 million coins, with an initial value of 0.2 USD. Surprisingly, the amount of Hard cap at PrimeX is not so high only 6 million us dollars. Does this mean that they already have some part of the capital or they do not need so much money to complete their work?! I don’t know, but the fact remains.
How It Work?
We process of a complex topic or substance based on market into smaller parts in order to gain a better understanding of it.
Transfer money easily
Just like Bitcoin, it can be sent anywhere in seconds, whenever and
wherever you want. Money transfer with Primecoin can happen only
with a smartphone’s and internet connection.
Transfer fee is very small to zero
Transfer fee can be removed until free, but to speed up transactions,
you can set the cost in PrimeCoin wallet as needed no matter how
much coin is sent.
PrimeX transactions are Anonymous
All the transactions we have done can be seen, but we do not know
who the owner of the Primecoin address is if the owner does not tell
it. Each Primecoin user can actually choose whether or not his name
will appear, but even if the user wants to keep his identity secret, all
of his transactions are still recorded and can be monitored through
More Information :
Author : POWERMAN001