Pundi X: accept and buy crypto with DePIN Solutions

KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services, including a P2P exchange capability, and purchasing with credit or debit cards.

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The project aims to bring cryptocurrencies to a wider audience and make them more widely used in everyday life. In line with this goal, the Pundi X team has developed cryptocurrency-based POS (point of sale) solutions. Pundi X has taken on an impressive and ambitious task in tackling what could amount to everyday adoption of cryptocurrencies https://www.tokenexus.com/ by the masses, if their vision is realized. The technology seems appropriate for what they’re attempting, and the delivery of XPOS devices to more than 25 countries already shows the commitment of the team, and the success of the project to date. Currently, the XPASS card has support for BTC, BNB, ETH and NPXS.

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Fortunately, we’ve compiled a bunch of reputable exchanges to help you with the process. Enter the ticker (BTC for Bitcoin, ETH for Ethereum) for the cryptocurrency you wish to deposit and select it from the drop-down menu. “Altcoin” is a combination of the two words “alternative” and “coin.” It is generally used to include all cryptocurrencies and tokens that are not Bitcoin. Once you have the fiat or crypto you need, you can start placing a trade for PUNDIX. This process should only take a few minutes, and the actual transfer may take anywhere from a few minutes to a few hours.

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• The largest trade volume can be found at Binance, but Upbit and Hotbit also have good volumes.
• In June 2019, Pundi X launched the Open Platform to support more blockchains.
• The first step in buying any cryptocurrency is choosing a platform to make the trade.
• Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein.
• The solutions offered by Pundi X include XWallet, XPASS card and XPOS device.

Danny is an APAC financing expert who has product design experience with Baidu and Lenovo. Danny is a PhD Law scholar from Tsinghua University and hold ACMA and CGMA accounting qualifications. Some of these relate to the KYC requirement of Pundi X which is not something that they can really control. However, for those that are technical in nature, the team appears to be quite responsive and – most importantly – receptive.

The project is trying to build a large decentralized crypto point of sale network. They are trying to acheive this through Merchant devices, cards and crypto wallets. If they succeed, they hope to make buying cryptocurrency as easy as “buying bottled water”. KuCoin currently offers Pundi X (PUNDIX) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.

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• One interesting and unique feature of the Pundi X network is that its devices are integrated into two blockchains – Ethereum and NEM.
• This should assist them tremendously in their marketing efforts as they roll out the Pundi X devices and systems throughout Asia and beyond.
• Even though the NXPS coin has been languishing along with the rest of the cryptocurrency markets, the project continues to attract members to its various online communities.
• This approach makes our platform a haven for storing Pundi X and other cryptocurrencies.
• The XWallet is a mobile wallet where users can store different cryptocurrencies, while the XPASS card allows users to spend their cryptocurrencies instantly.
• As you can see, buying Pundi X on Binance is a pretty straightforward process.

The XWallet is available on both iOS and Android devices and are free to download. In terms of feedback on the apps, it has about a 4.3 star rating in the Google Play store. However, there appears to have recently been a number of complaints about the functionality of the app. The team has also said they will focus on Indonesia, which is the largest South-East Asian country, with a population of roughly 250 million. Obviously, Hong Kong has also become a target for early adoption, and the Pundi X team has also said that it has expanded into China.

Why is identity verification necessary to purchase Pundi X?

Upon purchase, we provide a secure and reliable offline storage solution, ensuring the safety of stored PUNDIX. The current circulating supply of PUNDIX tokens is set at 235,514,908,115 tokens, while the max supply is set at 258,526,640,301 PUNDIX. At the moment, 91 percent of the PUNDIX tokens there ever will have been issued. The PUNDIX tokens are non-minable, they are instead issued weekly as staking rewards. Pundi X initially launched with the PXS and PXSXEM tokens, the tokens were swapped for the PUNDIX tokens between March and September 2018. The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world’s first point-of-sale solution.