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PRELIMINARY

In the world we live today, we are faced with lots of monetary transaction difficulties which often create lots of catastrophes. Traditionally, e-commerce establishments which include banks, credit cards, debit cards, and cash transfers face lots of failures, security risks, and obstinate transaction hiccups coupled with extortionate charges from online shop owners and the use POS (point of sales).

The blockchain technology is known for its decentralization, transparency, seamlessness, security and fast nature, transactions carried out by the blockchain can without any argument be doubted by any party ranging from the seller to the buyer because everything is clearly registered on the blockchain - time stamp, amount sent or received, and wallet addresses can be seen by the public.

The blockchain technology is the most used invention in the world since its debut in 2008 up until today been the 1ST day of February 2019. Cryptocurrencies were created to be used as a payment gateway when transacting to eradicate the traditional difficulties we face today. Mobile payment has proven to become the most secured, used, convenient, and easy mode of payment because it averts forged transactions.

INTRODUCING XCOYNZ PAYMENT GATEWAY

XCOYNZ is a platform created for the acceptance of digital assets in exchange for real life purchases. Most merchants prefer FIAT (government issued currency.) to cryptocurrency but with XCOYNZ that’s about to be a thing of the past because merchants who sign up on XCOYNZ will accept a vast range of digital asset as a standard mode of payment from their customers.

The use of #xcoynz as a payment gateway will be beneficial to everyone that is those with small crypto portfolio and those with a heavy crypto portfolio. Currently, the latter is faced with the stress of not been able to combine their assets when making a purchase, they have to manually sell their holdings into one digital asset which is time-consuming especially when one is in a hurry.

#xcoynz will revolutionize real-life purchases with cryptocurrency thereby disrupting traditional complexities, users can reduce network fees and increase proceeds by creating a consolidated smart algorithm wallet.

BENEFITS OF XCOYNZ

♦ Users can set transaction fees convenient for them.
♦ Decentralized, fast, secure payment gateway.
♦ A convenient way to order goods online.
♦ Users can schedule recurrent payment (it can be weekly, monthly or annually.)
♦ Instantaneous exchange from crypto to FIAT and from FIAT to crypto.
♦ No chargeback funds or reverted payments.
♦ Use of Smart Algorithm Wallet that supports a diverse range of digital assets.
♦ Smart Algorithm also helps users know the best crypto to exchange.
♦ Smart Debit Cards for FIAT withdrawals anywhere in the world.
♦ User’s debit cards will be linked to their wallets to enable a swift and seamless transaction.

XCOYNZ ECOSYSTEM

Users or Customers: These are individuals that signed up on WEBSITE and follow all instructions to activate their accounts, they will be able to purchase merchandise from merchants on the #xcoynz platform without any hiccups.

Merchants or Retailers: These are individuals who showcase their products on the platform for customers to patronize them, these merchants will be paid in any digital asset owned by their customers. These merchants will have to go through KYC (know your customer.) procedures and agree to terms & conditions of the platform.

XCOYNZ TOKEN (XCZ)

XCZ is the acronym of XCOYNZ TOKEN, it is a utility token created on the Ethereum blockchain, the erc-20 compliant token was built to serve some specific purposes on the XCOYNZ platform. #xcz will be used as the standard mode of payment for all transactions on the platform. Users will pay a discounted fee when they make use of XCZ.

Team members have tactical protocols already set in place to ensure that the market value of XCZ is preserved; they’ve organized a burn program to reduce the maximum supply, and upon release of the token no other will ever be created, mined or minted. Holders of XCZ will have the added advantage of setting the actual amount they want to pay as their transaction fee while transactions carried out in other digital assets will pay the standard transaction fee #xcoynz.

The X-Swift withdrawal option is only open to platform users who use XCZ tokens when making a withdrawal from digital asset to FIAT while merchants who accept or acknowledge #xcoynz as payment for services rendered to their customers will also enjoy the retailer payment gateway reduced transaction fee.