Freedom From Traditional Financial Institutions With Onix

In a world where governments are desperate to squeeze pennies from their tax slaves, most means of financial transactions are under the eyes of Big Brother. Those that are up to their knees in debt are especially unsafe from creditors when it comes to storing or transferring what little wealth they have. The Onix project aims to give power back to the people using blockchain technology

Designed With Privacy In Mind

In order to keep assets out of the hands of big banks and governments, Onix uses technology that is designed to keep transactions anonymous if desired. This piece of Fintech will allow for transactions to be made as if it were digital cash. There will be no need for identification, Social Security numbers, or phone verification to send or receive money.

Saving Money On International Transfers

The traditional means of sending money overseas is typically through the Western Union or a wire transfer. With fees up to 10% per transaction, it is rather costly to send wealth overseas. The leading crypto-currency, Bitcoin, is now plagued by the same outrageous fees due to an unresolved design flaw.

With discussions with the US government to add tariffs on money sent to Latin America, many families may have no choice but to use crypto-currencies like Onix. Other money-hungry government will also be looking to scapegoat international transactions in order to collect even more money from the innocent working class.

Onix, by design, has a very low transaction fee that beats out the rest of the competition when it comes to international transactions. From migrant workers to high-net-worth businessmen, anybody will be able to transfer cash globally without any strings attached.

Onix is still in the early stages of release, but there is huge potential to make its way as one of the top crypto-currency competitors. Early investors may start exchanging USD, Bitcoin, or Rubles for Onix at the Yobit exchange. For a limited time, early adopters may receive 60 Onix for free by downloading the official wallet client from their official website. You may also follow them on Twitter, Facebook, and Instagram under the username Onixcoin.

To start mining Onix, you may point your miner to the official pool or the ASIAN pool. Keep in mind that Onix uses the X11 hashing algorithm for mining. You may find instruction on how to mine on their mining software page.