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NPXS
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Pundi X
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Pundi X (NPXS)?

Pundi X (NPXS) is a cryptocurrency project created in 2017. From the beginning, the goal of Pundi X was simple: promote the introduction of blockchain technology, making it easier to use cryptocurrencies in real life.

In a short time, Pundi X has grown from a small startup created by two friends to a global company. Pundi X currently operates in more than 25 countries and continues to expand.

Pundi X is a company focused on the practical application of blockchain technology. Solutions such as XPOS and XPASS make it much easier to use cryptocurrency, so it is expected that as the popularity of the cryptocurrency grows, Pundi X will grow.

Who are the founders of Pundi X?

The creators of the project are two experienced specialists in the field of IT and computer security named Pitt Huang and Zach Chea. 

In January 2018, the Pundi X ICO was launched. In just 10 days, the company has managed to raise $35 million. The funds have helped Pundi X become one of the first solutions on the market that actually allowed blockchain enthusiasts to use cryptocurrencies in their daily lives.

What is unique about Pundi X (NPXS)?

Pundi X makes it much easier to use cryptocurrency in real life. The Pundi X platform includes an extensive set of cryptocurrency payment solutions, including XPOS, XPASS, and XWallet.

XPOS is the first blockchain-based cash terminal (PoS) that makes it easy to make cryptographic payments in retail stores. This device is very similar to the typical card readers that can be found in every store. But instead of paying with fiat, XPOS allows you to pay with cryptocurrency.

XWallet is a proprietary wallet for the Pundi X cryptocurrency ecosystem. It is a multi-currency mobile wallet that supports a large number of coins and tokens, including Bitcoin, Ethereum, and ERC-20 tokens.

XPASS is a crypto-debit card that is issued to every XWallet user who wants to have a card. With XPASS, you can easily buy things online, just like with a regular debit or credit card. Unlike regular debit cards, your XPASS card can be topped up with cryptocurrency.

How many NPXS tokens are in circulation?

NPXS is an ERC-20 token that uses the Ethereum network. NPXS is a unique digital asset that supports the Pundi X ecosystem. The maximum number of Pundi X tokens is 11,479,694 NPXS. New NPXS tokens cannot be mined, and are instead distributed to Pundi X users as staking rewards. 

The NPXS token supports an entire ecosystem of solutions that are very useful in everyday situations. At the moment, the cost of NPXS is 0.007597 USD, with a daily trading turnover of 868,823,345 USD. The market capitalization of the NPXS token is unfortunately not available.

How is the Pundi X network (NPXS) protected?

Since the NPXS token is an ERC-20 token of the Ethereum blockchain, the security functions are assigned to the PoS consensus.

Summary

  • To own your crypto assets, you need to manage your own private keys.
  • Ledger hardware wallets make private key management easy and secure.
  • Each unique 24-word recovery phrase creates a new set of private keys.
  • Make sure you secure your 24-word recovery phrase properly.
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