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.
Are you looking for the best crypto exchange app to instantly buy your desired cryptos instantly? Then you’ve come to the right place. I would recommend “KoinBX Crypto Exchange”, one of India’s leading crypto exchanges where you can safely buy, sell and trade your favorite cryptos with low transaction fees compared to other crypto exchanges.
As the demand for the iPhone continues to grow, so does the number of users. iPhone is playing a key role in the crypto era due to its security features. As a result, many crypto users are searching for the most suitable crypto exchange app in the App Store. So, let’s take a look at one of the most secure and easy-to-use crypto exchange app that lets you trade crypto in a safe and secure way.
KoinBX crypto exchange offers instant INR deposits and withdrawals, allowing traders to deposit and withdraw instantly from anywhere and anytime. You can also link your bank account to this exchange app, which is one of the advantages for users to deposit and withdraw money instantly. Their goal is to provide a user-friendly platform as well as a hassle-free trading experience to users around the world.
Why KoinBX Exchange?
KoinBX is a simple, secure crypto trading platform, where you can buy, sell & trade 140+ cryptos like Bitcoin, Ethereum, Ripple, Litecoin, and more cryptos. Both novice traders and experienced users enjoy an intuitive interface, an easy-to-navigate platform, and a well-organized crypto trading experience.
It also provides easy access to essential features and functionalities such as trading pairs, order types, and payment options. It includes advanced trading tools and features, such as customizable charts and real-time market data, for professional traders. Let’s dive into what makes the KoinBX crypto exchange app the top choice for crypto enthusiasts:
• Instant KYC
• Easy & Instant INR deposit and withdrawal
• Best In-class Security (Two-factor authentication)
• 24/7 Customer Support
• Wide range of Cryptos
• Referral Program
• Low Trading Fees (0.2%)
• Spot Trading
• Registration Reward: 25K SHIB
How to get started with KoinBX?
To trade and get an excellent return on investment from it,
• Signup on KoinBX
• Complete the KYC verification process.
• Link your bank account.
• Deposit your funds into a trading account.
• Start trading
Do you want to earn KBC FREE from the KoinBX referral program?, share your referral link (or) code with your friends to earn 50 FREE KBC tokens instantly, and also you can get 50% commission on their trading fees in the form of KBC tokens.
KoinBX Crypto Exchange iOS App:
KoinBX is the most trusted and simple crypto exchange app on the Apple App Store. With this app, you can buy, sell, and trade your desired cryptos. Traders who download and sign in to the app will get FREE 25K SHIBA INU tokens instantly deposited into your KoinBX account.
How to get SHIB tokens FREE?
• Download the KoinBX crypto exchange app from the Apple App Store.
• Signup and create a trading account.
• Complete the KYC verification
• Create a trading account.
• Instantly get 25K Shiba Inu tokens in your wallet.
To buy and sell crypto at any time, from anywhere, just download the KoinBX Crypto exchange app, and sign in to get 25K SHIB tokens instantly.
Signup Now — https://koinbx.com/signup
Download KoinBX iOS App — https://apps.apple.com/in/app/koinbazar/id1567360326
Learn what is WLD and how to buy Worldcoin (WLD) with INR & WLD with USDT on KoinBX a global crypto exchange app (Android & iOS).
Outline- Worldcoin (WLD):Worldcoin is a decentralized protocol or system designed to make the global economy accessible to everyone. And Worldcoin’s supervision and decision-making will be in the hands of its community. Worldcoin’s people and organizations work together to develop tools that help them achieve their mission. These tools include:
World ID — A digital identity that preserves privacy and helps to solve a range of identity-related issues, such as proving an individual’s unique personhood.
Worldcoin token — This is the first token that is distributed globally and freely to people, with the sole purpose of providing utility and governance.
World App — This is a self-service application that allows users to make payments, make purchases, and transfer funds globally using Worldcoin Token, Digital Assets, Stablecoins, and Traditional Currencies.
Moreover, Worldcoin’s unique digital identity can play a key role in demonstrating humanity in an increasingly artificial intelligence-driven online world.
Founders:Sam Altman, Alex Blania, and Max Novendstern are the co-founders of Worldcoin, which was originally funded by Tools for Humanity (TFH). It has since raised more than $250 million from investors around the world. Altman advocated universal basic income to address income inequality. In Altman’s view, if governments adopt Worldcoin (WLD) to provide universal basic income to their citizens, it could help to reduce fraud. Worldcoin is intended to bring people together, and Altman has stated that the journey will be long and the outcomes unpredictable, but the search for new ways to share technological abundance is “one of the greatest challenges of our time.”
DistinctivenessAt the launch of Worldcoin (WLD), the aim is to establish the most comprehensive identity and financial system with global acceptance at the level of a billion people. Unlike other crypto projects, the majority of tokens will be allocated to humans — solely to be human.
World ID will enable users to verify themselves as authentic, unique individuals on any platform that is compatible with the protocol, including web3 apps, social media platforms, and governmental programs. This will enable equitable airdrops, token / NFT sales, and social media bot / Sybil attacks, as well as the equitable distribution of limited government resources. Additionally, World ID may pave the way for AI-driven UBI.
Before the launch, over 2 million individuals from over 30 different countries have been verified at the Orb, a custom biometrics device designed to capture a high-resolution image of their iris. At the start of the World ID rollout, 1,500 orbs will be deployed in more than 35+ cities across 20+ countries to satisfy the global demand. And Worldcoin (WLD) is now available on the KoinBX crypto exchange, so you can trade WLD with INR.
Tokenomics
Token Name: Worldcoin
Ticker Name: WLD
Total Supply: 10,000,000,000 WLD
Circulating Supply: 109,947,145 WLD
How to Buy Worldcoin (WLD) on KoinBX Crypto Exchange AppKoinBX is a protruding cryptocurrency exchange platform that allows users to buy, sell, and trade various cryptos, including Bitcoin, Ethereum, and Worldcoin. This platform provides a user-friendly interface and offers a secure environment for crypto transactions. With a range of features and benefits that make it an attractive choice for beginners and experienced traders alike.
Step 1: Register on KoinBX App
To begin your Worldcoin(WLD) journey, download the KoinBX app from the Google Play Store (for Android) or the App Store (for iOS). Create a trading account by providing your necessary details and complete the registration process.
Step 2: Complete KYC Verification
You will need to complete the KYC (Know Your Customer) verification process. Submit your identification documents, such as your Aadhar card through the app, and once verified, you can proceed to the next step.
Step 3: Adding Funds to Your Account
Once your account is verified, it’s time to add funds to your KoinBX wallet. Choose a bank transfer, to deposit Indian Rupees (INR) into your account.
Step 4: Place Your Buy Order
Once your wallet is funded, navigate to the Market section within the KoinBX app. Select the trading pair (WLD/INR, WLD/USDT). And enter the desired amount of WLD you wish to purchase and review the order details.
Step 5: Executing the Trade
Once you have finalized your buy order, click on the “Buy” button to execute the trade. If the market conditions match your specified price, your order will be processed, and the corresponding amount of WLD will be credited to your wallet.
To make your WLD trade anywhere, anytime with the great trading experience with KoinBX Android and iOS app.
In today’s fast-paced digital world, crypto enthusiasts and traders need a reliable and user-friendly cryptocurrency exchange app. KoinBX, a leading cryptocurrency exchange platform, offers a mobile app that allows trading on the go. In this article, we will explore what is Bitcoin Cash and how to buy on the KoinBX crypto exchange app. We will also explore how it simplifies cryptocurrency trading and enhances the overall user experience.
Bitcoin Cash (BCH) is a Peer-to-Peer (P2P) digital currency system that intends to be a global currency with a rapid payment facility, lowest fees, high privacy, and huge block size. As a permissionless, decentralized crypto, BCH requires no trusted third parties.
BCH was created as an alternative to Bitcoin (BTC). In 2017, Bitcoin Cash developers modified the Bitcoin code and released their software version. Then, they created a viable product splitting Bitcoin into two blockchains: BTC and BCH.
Bitcoin Cash is a result of a hard fork in the blockchain due to differences in the community over Bitcoin scaling and the Segregated Witness (SegWit) upgrade. Furthermore, another hard fork divided Bitcoin Cash into two parts, Bitcoin ABC and Bitcoin SV, in 2018.
Small block supporters opposed increasing block size leading to blockchain centralization and vulnerability by making it harder to host full nodes. Large block supporters advocated for a faster solution, concerned that increasing transaction fees could hinder growth.
How does BCH work?
Due to the bigger block size, BCH works quicker and charges lower transaction fees while supporting smart contracts and ecosystem apps.
With a limited total supply of 21 million coins, BCH is provably rare and easily spent like physical cash. Transactions are rapid, with fees typically less than a tenth of a cent.
In addition to P2P payments between individuals, BCH can be used to pay participating merchants for goods and services both in-store and online. Low fees enable new micro-transaction markets such as rewarding content creators and app users. BCH also reduces the expenses and settlement times for remittances and cross-border trade. Additional use cases include tokens, simplified smart contracts, and private payments with tools.
How does BCH differ from Bitcoin?
Bitcoin Cash was considered to be the legitimate continuation of Satoshi Nakamoto’s vision of Bitcoin as a P2P electronic cash. All Bitcoin holders at the time of the hard fork automatically became owners of BCH.
From a technical perspective, BCH is similar to the Bitcoin algorithm. The BTC and BCH projects use Proof-of-Work (PoW) consensus framework and validator nodes to verify transactions. The hard cap of both BTC and BCH is 21 million coins.
Unlike BTC, BCH aims to scale for satisfying the growing demands of a global payment system. The block size of BCH was increased from 1 MB to 8 MB during the split.
An increased block size means BCH can now handle significantly more Transactions Per Second (TPS) at low transaction fees, solving the issues of payment delays and high fees experienced by some users on the BTC network. As of 2023, BCH has a block size of 32MB, compared to Bitcoin’s block size of 1 MB.
Security
As with Bitcoin, BCH is secured by a PoW consensus mechanism, where miners solve computationally intensive puzzles to validate transactions and create new blocks.
Mining of BCH
Mining is the process of confirming new BCH transactions and adding new blocks to the blockchain. Miners use computing power and electricity to solve complex puzzles and produce new blocks of transactions. If one of the transaction blocks is accepted by the network, the miner earns a new BCH as a block reward.
Mining is highly competitive. With the increase in the BCH price in the marketplace, more miners are incentivized to bring more hash rates into the miner competition to produce and accept blocks by the BCH network. More miners make the blockchain network highly secure by increasing and distributing the hash rate. This prevents a single miner from having complete control over the web.
Benefits:
Rapid and Less Expensive Transaction — BCH requires less transaction cost and holds the capability of processing more than 100 transactions per second. Hence, it can be considered the most viable payment platform.
Accessible — Among the thousands of cryptos existing in the market, BCH is considered the most popular crypto and is purchased from the basic crypto exchanges.
Highly Scalable — Larger BCH blocks enable the blockchain to increase its scalability, leading to numerous transactions and lower fees.
Decentralized Money — Investors are often concerned about the centralized nature of the financial system. Hence, they opt for BCH as it offers a decentralized currency system that is not controlled by a single entity.
Tokenomics
Token Name: Bitcoin Cash
Ticker Name: BCH
Total Supply: 19,426,556.25 BCH
Circulating Supply: 19,426,556.25 BCH
Max Supply: 21,000,000 BCH
Market Cap: $3B
Future of BCH
When it comes to the future of cryptos, BCH is certainly finding its own space in the crypto market. While BTC has the mindshare, BCH grabs more attention as more traders accept the crypto assets. BCH is a rapid and cheaper network.
How to Buy BCH?
Follow the below steps to buy BCH coins,
1. Signup with KoinBX.
2. Fill in the needed details to create an account.
3. Complete your KYC verification process.
4. Add your bank account.
5. Deposit Fiat to your KoinBX account.
6. Click Buy to start buying BCH with INR & BCH with USDT.
To make your BCH trade anywhere, anytime with the great trading experience with KoinBX Android and iOS app.
Crypto is becoming increasingly popular
as a new form of investment. Among the various crypto, Bitcoin (BTC) and
Ethereum (ETH) have emerged as two of the most prominent and widely
traded ones. While Bitcoin and Ethereum share similarities in being
decentralized and built on blockchain technology, they differ significantly in
their underlying philosophy, purpose, and design. We will explore the key
differences between Bitcoin and Ethereum and highlight what sets them apart.
Bitcoin(BTC)was the first crypto to be introduced, operating on a
decentralized network that allows for secure and anonymous transactions. Ethereum(ETH), on the other hand, was introduced in 2015 and is a
decentralized platform that enables the creation of decentralized applications
(DApps) and smart contracts.
Ethereum also has its crypto Ether (ETH),
which is used to facilitate transactions within the Ethereum network. While
both cryptos have their unique use cases, Bitcoin is primarily viewed as a
digital asset, while Ethereum is seen as a platform for building decentralized
applications. While ETH can also be used as a medium of exchange, the primary
focus is to enable developers to build decentralized applications on top of
their blockchain.
Bitcoin and Ethereum both use blockchain technology, but they differ in their approaches to transaction processing. Bitcoin uses a consensus protocol known as proof of work (PoW), which allows network nodes to agree on the state of all information recorded and prevents certain types of attacks on the network. It restricts the number of transactions that can be processed per second. In Bitcoin proof-of-work, a cryptographic hash function (SHA256) that generates a 256-bit signature for a text is used, and it uses two hash functions at the same time.
Ethereum moved to proof of stake (PoS), a set of
interconnected upgrades, which makes Ethereum more secure and sustainable. Ethereumuses a more advanced technology called the Ethereum Virtual Machine (EVM)
that allows for faster transaction speeds and more complex smart contracts.
This makes Ethereum more suitable for developing and running decentralized
applications. BTC is more widely adopted than ETH, but ETH is rapidly gaining
ground in the decentralized finance (DeFi) space.
Bitcoin is currently the largest crypto in terms
of market capitalization, with a market capitalization of over $ 1% trillion,
while Ethereum has a market capitalization of around $ 400 billion. The
price of BTC is also significantly higher than that of ETH. However, BTC is
also more unpredictable than ETH, which means that its price can fluctuate
rapidly and unpredictably. Additionally, Bitcoin is more commonly accepted as a
form of payment by merchants and individuals than Ethereum.
Both have strong security measures in
place to prevent hacking and fraud. The BTC price may have changed to reach
around $32000 & ETH price around $2000, by the end of 2023. While both
cryptos have seen significant growth in recent years, BTC remains the dominant
player in the crypto market.
The prospects of Bitcoin (BTC)
and Ethereum (ETH) are uncertain, but there are some indications of
where they may be headed. Bitcoin (BTC) transactions are irreversible, secure,
and anonymous, making it an ideal currency for online transactions. Ethereum’s
(ETH) purpose is not limited to serving as a currency, but it also aims to
revolutionize various industries such as finance (DeFi apps), supply chain, and
gaming.
Bitcoin
(BTC) will continue to be used as a store of value,upgrade to enable smart contracts and
means of exchange, while ETH will likely see increased adoption in the
Decentralized finance space and beyond.
With more exchanges offering a
secure way to buy and sell cryptos, demand for them has increased. KoinBX,
a global multi-crypto exchange, provides an easy and simple way to buy, sell and
trade a variety of cryptos using Androidand iOSapps.
Follow
the steps to buy, sell, and trade BTC, and ETH with KoinBX.
1.
Signup
with KoinBX.
2.
Create
your trading account to buy, sell, and trade multi-cryptos.
3.
Complete
the KYC process and link your bank details.
4.
Deposit
Fiat currency for adding funds to your KoinBX wallet.
5. To buy, sell, and trade BTC with INR& ETH with INR.
Conclusion:
KoinBX is a reputable and trusted cryptocurrency exchange platform that offers a secure and user-friendly environment for trading digital assets. With its wide range of supported cryptos, competitive fees, robust security measures, and dedicated customer support. KoinBX is an attractive choice for both novice and experienced traders. By following the necessary steps to signup, fund your account, and explore the platform's features, you can confidently and conveniently embark on your cryptocurrency journey.
In recent years, cryptocurrency has emerged as one of the most widely discussed investment choices. With its potential for high returns, many individuals are looking to venture into crypto. However, investing in cryptocurrencies may seem daunting at first. It is important to do research and invest in reputable platforms and coins. And the most common cryptos are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano(ADA), Polkadot(DOT) and etc.
what is crypto?
Crypto is a digital or virtual currency designed to work as a medium of exchange and digital asset that uses encryption techniques to secure and verify transactions.
How is it used?
Crypto uses decentralized ledger technology called blockchain to record transactions and secure the network. Crypto can be used for investment and trading. To use crypto, need to create a digital wallet through a crypto exchange.
How to Trade Crypto:
You can utilize a Global Crypto Exchange platform, such as KoinBX, to buy, sell Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and other altcoins using Indian Rupees (INR) or Cryptos with ease and securely.
KoinBX offers instant INR deposit and withdrawal options. This makes it easy for traders to deposit and withdraw their funds instantly at any time from anywhere without delay. This platform also allows users to link their bank account to deposit and withdraw funds instantly, 24/7 support, high liquidity, minimal trading fees, and a great referral program. Their goal is to provide a user-friendly platform with a hassle-free trading experience for users worldwide.
Buying, selling, and trading crypto with KoinBX is easy. Follow the below steps to buy cryptos,
1. Signup with KoinBX.
2. Fill in the required details to create an account.
3. Complete your KYC verification process. Complete the KYC verification and add a bank account. Once the account is created and verified, you can deposit funds on the KoinBX wallet (as per the website policy).
4. With the funds, place an order to buy, sell, and trade cryptos with INR & USDT like Bitcoin (BTC) with INR and Ethereum (ETH) with INR.
5. To make your trade anywhere, anytime with the great trading experience with KoinBX Android and iOS app.
Conclusion:Investing in crypto using an exchange app has become more accessible and user-friendly, making it an attractive option for individuals looking to enter the cryptocurrency market. Remember to conduct thorough research, develop an investment strategy, and stay updated with the latest market trends. Happy investing!!!