Pundi X (New) PricePUNDIX

What is Pundi X (PUNDIX)?

It is a well-known platform that develops blockchain-powered devices. Its founders Zac Cheah and Pitt Huang created this digital currency in the year 2017. Its aim is to provide blockchain-based sale solutions to retailers and consumers. This solution will help them to carry-on quick in-store transactions on its blockchain. The purpose of the founders behind creating this token was to make cryptocurrency easily available to everyone and on a large-scale. To make this possible they have created a mobile Wallet as well as XPASS card which is used along with mobile Wallet to make payments easier.

Features of Pundi X 

Below listed are some of the features that this coin offers to its users. These features make this digital currency stand out from the other. 

• Decentralized 

One of the main features of this coin is it works completely on decentralization. This makes it a secure platform. This decentralization even removes single points of failure. It eliminates the need for intermediaries making the transactions quick and cost-efficient. The transaction fees are also pretty less because there are no banks or financial institutions involved

• Mobile Wallet 

This coin has its own mobile Wallet known as XWallet. Thus the users can manage their digital assets from anywhere. This helps in making the transactions easier and effortless. Moreover, the security level also increases because there is no need to depend on a third party wallet. 

• Simplified Transactions 

The main aim of this coin is to make the cryptocurrency transactions so simple that anyone can use it. Thus it has created a user-friendly platform and handy mobile wallets and cards to provide the users with easy accessible experience.

• POS 

This currency provides a Point-of-sale solution to both retailers as well as consumers. This solution will help in making in-store transactions on its blockchain. Thus the retail businesses can use this coin in their daily transactions. 

Use Cases of Pundi X 

This coin has a number of use cases that run across many different kinds of industries. Some of which are listed below:

• Retail Businesses 

Since its main focus is on providing a cryptocurrency that can be used by retailers in their daily transactions, many retail business owners have accepted this coin as their medium of payment. 

• Cross-border Transactions 

Due to its user-friendly wallets and blockchain based point-of-sale solution this coin is best suited as an economical method of Cross-border transactions. 

• Mobile Wallet 

It  has a user-friendly mobile Wallet known as XWallet which can be used by anyone and anywhere. This makes it a best choice for day-to-day transactions. 

Challenges Faced by Pundi X 

Every cryptocurrency in the crypto market faces certain unavoidable challenges. This coin is not exceptional from such risks. Below listed are some of such risks that are involved with this digital coin. 

• Volatility 

Price fluctuations are an inalienable part of the cryptocurrency market. This sudden price change can affect the coin's future making it difficult for the users to have trust in the digital currency. 

Regulatory Uncertainty 

Being a new concept in the financial systems. Cryptocurrencies often face many regulatory challenges. The governments of various countries have a different opinion about crypto ecosystems.  These challenges can affect the smooth working of the coin's network. 

• Competition 

Cryptocurrency market is very competitive. Every digital coin has to compete with the traditional financial systems as well as with other cryptocurrencies in the ecosystem. This may even affect the coin's existence. 

• Technological Advancements 

Digital currency is completely dependent on technology. Even though the developers are up and ready to always make sure that they are up to date with the current technological growth even a small change in technology can affect the fate of the digital currency. 

How to Buy Pundi X Coins?

For those interested in buying this token can go through the below mentioned steps. 

• Exchange Search 

Search for the exchange that supports this token. It is advisable to go for a reliable cryptocurrency exchange for security purposes. 

• Account Creation 

Create an account on that exchange by finishing the mandatory verification process. 

• Fund Deposit 

Deposit funds into your account and place purchase orders. 

• Secure in Wallet

When the coins get deposited into your account transfer them into secured wallets. 
 

Future Outlook of Pundi X

This digital currency is sure to go a long way in the cryptoworld. This is because it aims to provide its users with POS solutions and a cryptocurrency that is user-friendly with easy mobile Wallet access. This has paved the way for this digital currency to be a prominent player in the cryptocurrency market. It has some of the best  features, vast range of use cases and is easily available to everyone. This makes it a best choice for day-to-day transactions and even for cross-border transactions. 

FAQs 

Who Are the Founders of Pundi X?

Zac Cheah and Pitt Huang founded this coin in the year 2017.

What Makes Pundi X Unique?

Its aim is to enable this coin to be available to everyone by making it user-friendly. 

How Many Pundi X (PUNDIX) Tokens Are There in Circulation?

There are at present 235,514,908,115 tokens circulating at present. 

Exchanges Where Pundi X Coins Are Available?

Following listed are some of the top exchanges that support this coin:

• Binance
• Upbit
• Bithumb
• Huobi Global
•  

Conclusion 

Being a decentralized solution based network this coin has acquired a good position in the cryptocurrency market. It is likely that it will soon emerge as a best alternative to many transaction solutions. But still it is recommended to consider the risks associated with this coin for security purposes.