CRYPEX TOKEN (CRX)

[Shariar Porosh]

CRYPEX TOKEN (CRX)

About CRX

CRX is the currency that runs on a digital payment platform called CrypexToken, which is on top of a distributed ledger database called CRX Ledger. CRX is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy, and high transaction capacity (big blocks). In the same way that physical money, such as a dollar bill, is handed directly to the person being paid, CRX payments are sent directly from one person to another.

As a permissionless, decentralized crypto currency, CRX requires no trusted third parties and no central bank. Unlike traditional fiat money, CRX does not depend on monetary middlemen such as banks and payment processors. Transactions cannot be censored by governments or other centralized corporations. Similarly, funds cannot be seized or frozen — because financial third parties have no control over the CRX network.

What is CRX used for?

CRX combines gold-like scarcity with the spendable nature of cash. With a limited total supply of 1 million coins, CRX is provably scarce and, like physical cash, can be easily spent. Transactions are fast with transaction fees very low. Anybody can accept CRX payments with a smartphone or computer.

CRX has various use cases. In addition to peer-to-peer payments between individuals, CRX can be used to trade Bitcoin and can be stabilized against the USDT ensuring maximum profit potential for Crypto Traders and users. It is the best crypto currency for crypto trading. CRX also reduces the fees and settlement times for remittances and cross-border trade. Other use cases include tokens, simplified smart contracts, and private payments.

CRX is developed by a team led by Vitalik Buterin, the founder of Ethereum, which holds the no. 2 spot in the top 100 crypto currencies in the world

How do you mine CRX?

Mining is the process in which new CRX transactions are confirmed and new blocks are added to the CRX blockchain. Miners use computing power and electricity to solve complex puzzles. By doing so, they gain the ability to produce new blocks of transactions. If one of their blocks is accepted by the network, the miner, or mining pool, earns a block reward in the form of newly-issued CRX.

Mining is highly competitive. As the price of CRX in the marketplace rises, more miners are incentivized to bring more hash rate into the ever-increasing miner competition to produce blocks and have them accepted by the CRX network.

Where Can You Store CRX?

CRX can be stored like most crypto currencies either on an exchange or in a cold or hot storage wallet.

How Can You Buy CRX?

You can buy CRX at any exchange that supports the crypto currency. Visit https://www.crypextoken.com to buy your CRX coin and start earning from its value appreciation.