Cryptocurrency, which is sometimes referred to as digital currencies operate independently of any central authority or banks and it is permissionless to use, the transaction is open & available for people to see.
Because it is decentralized, government authorities such as the Judiciary, Authorities in-charge of taxation, and the central banks do not find it appealing because it cannot be taxed and they dont have power to influence the transactiopns of traders/participants.
N.B: Cryptocurrencies Transaction cannot be cancelled, cannot be reversed and neither can it be disputed, This is the reason why newbies are advised to have someone who is experienced and careful to guide them whenever they want to carry out a transaction.
Cryptocurrencies can be obtained by buying/purchasing from a digital/crypto-currency exchanger platform, The exchanger allows the trader to exchange their Fiat( paper currency) to Alt coins of their choice. The top five (5) cryptocurrency Exchange can be find below:
1. Binance, 2. Bitmex, 3. Kucoin, 4. Changelly, and 5. Hobi Pro.
Cryptocurrency Trading platform have their own shortcomings such as: scalability, Cybersecurity issues, price volatility and lack of inherent value, Regulations, and abuse of trust which traders place on the crypto exchange all for the sake of profits, user-friendly interface, these shortcomings cause traders to panic.
As more technological innovations are uncovered, PointPay is creating a fundamentally new product that combines three services in a single closed-loop ecosystem:
- PointPay Crypto Bank,
- PointPay Crypto Exchange platform and
- PointPay Multi-currency Wallet.
SYNOPSIS OF POINTPAY
PointPay has business contacts with more than 50 banks and 25 payment systems, as well as 20 lawyers who deal with issues of licensing cryptobusiness. PointPay have 4 years of experience in supporting the functioning of payment systems, including signing contracts, working with banks, working with other payment systems, paying out funds, and building complex payment schemes. PointPay are currently conducting a crowdfunding campaign through the sale of 500,000,000 PXP tokens in order to raise funds for the development of fully functional versions of the products.
THE POINTPAY TOKEN
PointPay Token will be released based on the Ethereum platform and fully comply with the ERC20 standard. This will ensure security of the transactions, compatibility with the third-party services and will provide seamless and easy integration.
THE POINTPAY ROADMAP
Soft cap: $1,000,000
Hard cap: $30,000,000
Symbol: PXP (PointPay token)
Total supply: 500,000,000
Unsold tokens: to be destroyed
Retail price: 1 PXP = $0.10
THE AMAZING TEAM
RESOURCE LINCE LINKS
ANN Thread: https://bitcointalk.org/index.php?topic=5146099
BTT USERNAME: bayo88
BTT PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2407711