Pollux (POX) — An Introduction
This article describes how to buy POX with INR on KoinBX, which is the best crypto exchange in India. The POX coin operates on Tron’s TRC-20 blockchain network, which is primarily used for file exchange and data storage. POX coin also acts as a distributed and decentralized cloud storage facility for secure data storage without any interference from a third party.
The goal of POX is to enable cloud storage on a distributed Blockchain network for mobile recharging, utility billing, and peer-to-peer exchanges globally. This eliminates the risk of data loss associated with centralized cloud storage facilities.
Pollux Coin is more cost-effective and efficient. POX coins are all about providing useful info to token holders. The goal is to be an ambitious project that has a long-term vision and a great reputation for cloud storage at a low cost. POX apps are used in a lot of different places because their smart contracts are really efficient and they can handle a lot of users. High scalability means you can support a lot of people. POX aims to improve the Transaction Per Second (TPS) to achieve high throughput.
The POX coin is released through Crypto Minting Units (CMU) in 30 phases. Minting utilizes the Proof-of-Stake (PoS) mechanism to create new coins and place them into circulation for trading. In total, 50 million POX coins are minted and distributed among POX holders through a variety of processes. This decentralized and open network brings together brokers, traders, and investors, thus increasing the global reach of the financial market. This enables successful traders to quickly scale their trading strategies by attracting investments from around the world. The smart contract technology will provide an automated and transparent investment and profit distribution system.
Advantages
There are a number of benefits that POX coin holders can look forward to in the future. High throughput: High throughput is accomplished by increasing the Transaction Per Second (TPS) in POX, exceeding Bitcoin (BTC) and Ethereum (ETH) in daily usage. POX consistently handles 2000 TPS. Due to its high scalability and high efficiency of smart contracts, there are different ways to deploy applications within POX. And it can support a wide range of users.
Future Potential of POX
Decentralized cloud storage is one of the most in-demand technologies, which has led to a variety of potential future milestones for Pollux. With a clearly outlined long-term vision with milestones, Pollux coin makes decentralized cloud storage a promising endeavor in the Blockchain network. The Pollux coin development team is working to develop a blockchain-based on the fastest consensus method, Delegated Proof of Staking (DPoS).
How to Buy POX with INR and USDT?
KoinBX is a Global Crypto Exchange that helps you easily buy, sell, and trade crypto with INR. It supports Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin(LTC), and many other cryptos.
KoinBX offers a range of advantages to its users, including a user-friendly interface, novel features, the ability to deposit and withdraw INR instantaneously, 24/7 customer service, a high level of liquidity, low trading costs, and a comprehensive referral program. Crypto traders can use KoinBX to buy, sell, and trade cryptocurrencies from anywhere in the world.
KoinBX makes it simple to buy, sell, and trade POX. To buy POX, follow the instructions below,
1. Signup with KoinBX.
2. Create a trading account.
3. Complete your KYC verification process.
4. Add your bank account.
5. Deposit Fiat to your KoinBX account.
6. Click the Buy option from the panel and buy POX with INR & POX with USDT.
How to Sell POX with INR and USDT?
Follow the below steps to sell POX,
1. Signup with KoinBX.
2. Complete your KYC verification process.
3. Link your bank account.
4. Click the Sell option from the panel to find a buyer for POX.
Once you find a buyer for your POX, you can sell POX with INR and USDT
Start trading POX from anywhere and at any time with the KoinBX Android and iOS app. And get 25K Shiba Inu (SHIB) tokens instantly to your KoinBX wallet and enjoy the hassle-free trading experience.
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