While the crypto world disrupted about ICO bans, regulatory measures, and other unpleasant innovations, we have decided to recall the project that you are waiting for the storm.
Latest crypto latest news all over the world have already caused quite a lot of upheaval, and most experts agree that things will undoubtedly be very interesting in the near future. There is no secret that the news like this will have a direct effect on not only the media, but also cryptogeld exchange rates will be good.
If you are a professional trader, such reports can help Garner save huge profits (or losses). But, if you are a beginner in crypto trade or a person who just wants to diversify his assets portfolio, then you would probably wish for something that can reduce significant risks in this situation.
Anyway, we would like to remind you of MinexCoin (or MNX by its ticker), an ambitious project of the MinexSystems company based on low volatility cryptogomy. The team successfully completed their ICO and after having applied a number of important updates for the customer and coin MIP for a stock exchange listing (Minexcoin Improvement Proposal).
The development of MinexCoin is based on Bitcoin with a trusted GUI. However, unlike other cryptocurrencies whose prices are susceptible to wild fluctuations, the currency is designed to remain stable and strong while recording sustained growth in price.
How does MinexCoin Avoid Volatility?
MinexCoin's ability to overcome volatility is made possible by the autonomous algorithm of the system operating in accordance with central bank principles and actually called MinexBank. In a nutshell, this algorithm maintains a low volatility of MNX through "coin interventions" and "coin parking" - an instrument that can stimulate users to then exchange capable of holding on to their coins. The temporary suspension of the coins will be followed by interest payments based on the holding.
And what makes this' Parking' different from the regular deposit? You can ask questions. Well, while depositing while you hold your assets to give to a third party such as a bank, parking means only a temporary suspension of some of the coins designated by you in your wallet. In order to get interested parties the parked coins, you undertake to keep the coins at a specific address of your wallet for a certain period (from one day to one year), i. e., the address that is linked to the bank account.
If necessary to use the suspended coins for the parking term ends, you can still spend it. In that case, you just don't get your interest from the parking lot, but you can get more profit from selling your assets for a better price or from RE-parking for a better percentage. Yes, you will need to check and count MNX's rates, because every now and then it would be more profitable to park your power again from one day to one week for example.
We're working on the whole range of proprietary products that will make us a real gaming changers in cryptographed world. We believe that the implementation of perspective perspective alternative visions in the current situation, when blockchain companies learn from the experience of traditional banking systems and vice versa, may change the status quo of cryptomarket. Our first step in this way is a MinexBank system and the memorandum that lays down its work process the crypto community. We see clear goals for our product, and we look forward to working with users who are like our philosophy ".
Minex Systems Limited, a Hong Kong registered company, specialises in blockchain product development. The company offers solutions that encompass the best of both worlds (conventional financial system and cryptogued ecosystem) and work on unified Minex Platform. Daten, the flagship product, MinexBank, is an autonomous algorithm for controlling the volatility of MinexCoin.