Transactions on Blockchain Become More Universal and Easy with Pundi X

pundi x token

As it continues to expand its horizons, Pundi X is poised to drive even greater adoption rates for the overall crypto space. The Pundi X payment system does more than enabling crypto transactions. Upon the completion of transactions, the transacted cryptocurrency will be settled in stablecoins, negating the risk of volatility for the merchants. Pundi X also offers a self-custodial hardware wallet card, p(x)Card, that is compatible with web3 transactions. These cards benefit businesses in several ways, supporting loyalty programs and storage of NFTs or the tokenization of loyalty points to offer rewards to long-standing customers. The change will see Pundi X Chain enable high throughput onchain transactions, low transaction fees, low latency, and point-of-sale device compatibility while rewarding XPOS users with various incentives.

p(x)Card: Frictionless transactions

For example, if you are holding 1,000 NPXS, after the reduction your holdings will be 1 new Pundi X Token. Over the past few weeks, you have heard some token related terms, such as token reduction, buyback, and burn. They each mean different things, but at times used interchangeably. Pundi X actually has all three — token burn, token buyback and token reduction. The price of Pundi X PURSE (PURSE) is calculated in real-time by aggregating the latest data across 5 exchanges and 6 markets, using a global volume-weighted average formula. Pundi X’s achievements have helped it scale new heights over its lifespan.

Pundi X (Old) price NPXS

  • Pundi X has already met and worked closely with local distributors and CONAMYPE.
  • Like the native tokens of other payment-centered crypto platforms, the great majority of the Pundi X (NPXS) tokens have been issued.
  • To increase adoption and usage, it is also important to incentify merchants to use XPOS to process crypto transactions.
  • The increased utilization of NPXS in XPOS, XPASS, and XWallet ecosystem will also increase the token burn since it is the native token.
  • These reward tokens will be useful for utilities such as buying XPOS, participating in NFT auctions, redeeming NFT or other tokens from partners and receiving discounts.

The buyback token is an unscheduled event to decrease token circulating supply in the market and I am still committed to buyback more from the open market, from time to time. From there, the price of the new token will move up or down according to the market. The company and exchanges will make sure that the token value of the new token follows Pundi X’s market capitalization accordingly. There is no change in the value of the new tokens a user holds after token reduction compared to the total value of the old tokens.

pundi x token

How Many Pundi X (PUNDIX) Tokens Are There in Circulation?

pundi x token

The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world’s first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world’s first blockchain phone called BOB. Retailers that adopt the XPOS will have their service fees waived for one full year. Pundi X will also increase the list of digital currencies that merchants can accept, and allow them to choose their preferred settlement currency via the Pundi X enterprise platform. Adding Pundi X PURSE (PURSE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.

How do you feel about PURSE today?

The most obvious use case is for transactions, but digital currency also plays a key role in promoting financial inclusion, overcoming foreign exchange issues, and even mitigating the instability of fiat currency. Pundi X is one of the most prominent and efficient additions to that list of players, and it works with the vision of making blockchain technology accessible to everyone. They believe it must be as easy and seamless as buying a bottle of water. The goal of the Pundi X project is to make cryptocurrency available to everyone. While other similar projects attempt to outperform the banking system, Pundi X looks to simplify transforming retail businesses to make this happen.

pundi x token

Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. All removed token events has been announced to public and executed quarterly (every three months). It will be reflected on the total supply where you can see the the max supply and the current supply are different in coinmarketcap. To simplify, we can think it as delete x% token supply from the supply. In project Pundi X, NPXS is the native token in the ecosystem and all transactions in Pundi X will burn NPXS token.

  • Given these risks and uncertainties, you are cautioned not to rely on these forward-looking statements.
  • The Pundi X project was founded in 2017 by Zac Cheah and Pitt Huang.
  • After all, it is El Salvador that first adopted Bitcoin as legal tender this year while high inflation in countries like Brazil and Argentina means its citizens turn to crypto as an inflation hedge.
  • Plans were made in 2021 to step up XPOS distribution in El Salvador.
  • Advertisers, developers, and ad network can place advertisement through Pundi X advertising platform.
  • The price of Pundi X PURSE (PURSE) is calculated in real-time by aggregating the latest data across 5 exchanges and 6 markets, using a global volume-weighted average formula.

How do you feel about PUNDIX today?

Pundi X to Participate in Money2020 in Bangkok on April 23rd – TradingView

Pundi X to Participate in Money2020 in Bangkok on April 23rd.

Posted: Fri, 19 Apr 2024 07:00:00 GMT [source]

Popular digital assets like Bitcoin (BTC), Ethereum (ETH) and Pundi X (PUNDIX) are listed within the ecosystem. The XWallet mobile app is the bridge between the regular digital asset wallets and the Pundi X payment ecosystem. Users can use the XWallet to easily manage their digital assets, make transfers, check balances, and top-up the supported cryptos how to buy pundi x in the XWallet. The virtual XPASS card is issued to every registered XWallet user. PURSE tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Pundi X PURSE is Bybit, where the most active trading pair PURSE/USDT has a trading volume of $713,378.36 in the last 24 hours.


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