There are two types of exchanges, one is a currency-based exchange, and a truly pure exchange is crypto currency or commonly called cryptocurrency. Cryptocurrency is a digital currency where transactions can be done online.
Unlike the printed paper currency,cryptocurrency is designed to solve mathematical problems based on cryptography. Digital currencies are usually decentralized. That is, in general it is far safer than the centralized nature. Cryptocurrency which was the first to come and achieve success is Bitcoin, the success of Bitcoin is the initiator of the emergence of new types of cryptocurrencies that are trying to compete with Bitcoin.
The Crypto exchange will be greater and preferred by everyone in the world compared to fiat-based currency exchanges in the near future. PRIME X will build a good cyrpto exchange in the future, and move crypto finance into the World. PRIME X uses 2 pairs, which are digital currency pairs (BTC, ETH and others) and international / fiat currency pairs (USD, EUR, IDR, CNY, etc.)
MAJOR PROBLEMS.
Some problems that are often suffered by exchange users:
VISIONS AND MISSION
Our vision is to create a globally accessible option to modern banking, allowing you to safely store money, access it directly and transact with it anywhere.
Our mission
About Blockchain
The blockchain gives internet users the ability to create value and authenticates digital information. What will new business applications result?
• Smart contracts
Distributed ledgers enable the coding of simple contracts that will
execute when specified conditions are met. Ethereum has the potential to leverage the usefulness of blockchains on a truly world-changing scale.
• The sharing economy
The flourishing nature of companies like Uber and AirBnB makes the sharing economy a proven success. Currently, however, users who want to hail a ride-sharing service have to rely on an intermediary like Uber. By enabling peer-to-peer payments, the blockchain opens the door to direct interaction between parties.
• Crowdfunding
Crowdfunding initiatives like Kickstarter and Gofundme are doing the advance work for the emerging peer-to-peer economy. The popularity of these sites suggests people want to have a direct say in product development. Blockchains take this interest to another level, potentially creating crowd-sourced venture capital funds.
• Supply chain auditing
Consumers increasingly want to know that the ethical claims companies make about their products are real. Distributed ledgers provide an easy way to certify that the backstories of the things we buy are genuine.
• File storage
Decentralizing file storage on the internet brings clear benefits. Distributing data throughout the network protects files from getting hacked or lost.
• Prediction markets
The crowdsourcing of predictions on event probability is proven to be highly accuracy. Averaging opinions cancels out the biases that distort judgment.
• Protection of intellectual property Obviously, digital information can be infinitely reproduced — and distributed widely, thanks to the internet. Smart contracts can protect copyright and automate the sale of creative works online, taking out the risk of file redistribution.
• Internet of Things (IoT)
What is the IoT? The network-controlled management of certain types of electronic devices — for instance, the monitoring of air temperature in a storage facility. Smart contracts makes it possible to automate remote systems management.
• Identity management
There is a definite need for a better identity management online. The ability to verify your identity is a strong point of onpine financial transactions. However, remedies for the security risks that come with web commerce are imperfect at best.
• AML and KYC
Anti-money laundering (AML) and know your customer (KYC) practices have a strong potential for being adapted to the blockchain.
• Data management
Today, people canmake use of platforms like facebook for free. In time to come, users will have the ability to manage and sell the data they generate online.
Executive Summary
There are around 100 million immigrants in the world who send more than $ 500 billion to support their friends and family back home every year. The remittance market is a significant source of funding for many individuals and families throughout the world. Payees, especially in emerging markets, suppose this income is for basic needs such as food,
clothing, medicines, utility bill payments, and others Immigrants face two significant challenges when conducting crossborder and local money transfers.
Features Of PrimeXcoin.
Why choose Prime X Coin?
TOKEN DETAILS
Token Name => PXC
Token Supply => 200,000,000 PXC
Token Circulation => 20,000,000 PXC
Token Sale => 11th Feb – 30th April
Token Price => $0.2 - $0.7
Softcap => 4,000,000 USD
Hardcap => 6,000,000 USD
TOKEN ALLOCATION
15,000,000 PXC Allocated to ICO
775,000 PXC Allocated to Marketing cost
1,225,000 PXC Allocated to founder, core team and Advisors
1,500,000 PXC Allocated to Airdrop & Bounty
350,000 PXC Allocated to Blockchain enthusiast
650,000 PXC Allocated to Trading competition
FUND DISTRIBUTION
40% Allocated to development
15% Allocated to operating costs
10% Allocated to Marketing costs
25% Allocated to Legal Fees
10% Allocated to Price Stabilization
To know more about PRIMEX project check below links
Website: https://primexcoin.co
Whitepaper : https://primexcoin.co/page/Whitepaper
Github: https://github.com/primexcoin
Twitter: https://twitter.com/primex_coin
Telegram: http://t.me/primexchat
Bitcointalk User Profile: https://bitcointalk.org/index.php?action=profile;u=2148371
Bitcointalk Username: Lasisi1
