Cryptonex has rolled out with a new feature, a P2P platform that allows you to exchange your cryptocurrency directly for fiat currency without a middleman. Now, let’s see why that’s such a big deal.
We’re all pretty used to a sometimes rather sudden and sometimes quite anticipated highs and drops in the cryptocurrency market, and whether you are a newcomer to a cryptocurrency market or a salty oldfag, you’ve probably seen a couple of forum threads or articles going over how you should diversify your holdings over different coins, but is it really going to help you?
(
)
Diversify your holdings, they said…
As you can see on the screenshot above, when Bitcoin’s price falls or grows the other currencies follow, and terrifyingly accurately at that.
A lot of currencies and third party devs has tried to create p2p platforms for interpersonal fiat-cryptocurrency exchange, including BCH and ETH, but only BTC succeeded with localbitcoins. Now, Cryptonex can be added to this list as well, making it a second cryptocurrency in the world to have the functioning p2p network. This means that Cryptonex’s price is no longer that affiliated with BTC’s one. Furthermore, this makes CNX arguably the best coin out there for doing business. This claim is supported by:
Instant transactions, which in future may allow for daily life payments with this currency
Fixed 0,0001% CNX fee for the transactions, while it may be a lot for a huge amounts of money, it’s still miles better than banks, and, considering that most of cryptocurrency transactions are on the lower side, this is much better from the economical perspective
Cryptonex is functioning worldwide. If I need to transfer 1 000 000 USD from, say, Netherlands to Japan, I’ll have to enter a receiving address and press 1 button. In the next instant the money are already there. Talk about convenient! And the best thing is that the commission for this transaction will be only 100 US dollars.
POS mining. You transfer your funds to a mobile wallet and keep it online as much as possible. The 12% annually is in your pocket, with rewards coming daily and funds being avaliable for withdrawal at any moment.
Pleasant features and additions, they operate on their own blockchain, that combines the advantages of both POW Script and POS mining, have the web-wallet, direct fiat deposits, own exchange platform, finished mobile app, p2p platform and are working on many more features, like hardware wallets with no wallet.dat e.t.c.
If that’s not the face of digital economy than I don’t really know what is.!