Source. Crypto info.com
What is Everex?
Everex is a wallet for blockchain powered money transfers, payments and digital assets management . It allows users to send money across borders and convert it into other currencies within minutes, as well as being a gateway from and to cryptocurrency exchanges using eMoney (aka Stablecoins) as the means of exchange. Users can also earn interest on their money and borrow instantly via decentralized finance. Everex has no transfer or remittance fees.
The Everex token (EVX) is used as an internal reward system for the users and developers comprising the Everex ecosystem. Membership, credit scores, and inventive mechanisms are available only through EVX tokens. It is also utilized in the Everex's governance for the capital-transfer system.