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This article explains how to buy POX with INR on KoinBX, an emerging global crypto exchange. Pollux (POX) coin runs on the Tron TRC-20 Blockchain network designed for file sharing 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.
POX aims to bring cloud storage on a public Blockchain network for the payment of mobile recharges, utility bills, and Peer-to-Peer (P2P) exchanges around the world. Hence, there will be no data loss as in the centralized cloud storage facilities.
Pollux Coin is more cost-effective and efficient. The main goal of POX coins is to offer relevant information to the token holders. Pollux Coin intends to be an ambitious initiative that outlines an enduring vision and high reputation of cloud storage with low costs.
Applications are deployed in a wide variety in POX because of their highly effective smart contracts and scalability. High scalability can provide support to huge users. 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 uses the Proof-of-Stake (POS) mechanism to generate new coins and adds the coins to circulation for trading. A total of 50 million POX is minted and distributed between POX holders during multiple processes.
The brokers, traders, and investors are united into a decentralized and open network, making the financial market even more global. 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 absolutely transparent system for investment and profit distribution.
POX coin holders will benefit from a variety of advantages in the future.
High throughput: High capacity: High throughput is accomplished by further developing the Exchange Each Second (TPS) in POX, outperforming Bitcoin (BTC) and Ethereum (ETH), to the everyday utilization degree. POX consistently handles 2000 TPS.
High scalability: There are various ways for the deployment of applications in POX due to its scalability and highly effective smart contract. It can support various numbers of users.
Pollux is an ambitious initiative that has lined up lots of potential milestones in the future owing to the drastic increase in the demand for decentralized cloud storage. With a clearly outlined long-term vision with milestones, Pollux coin makes decentralized cloud storage a promising endeavor in the Blockchain network. Pollux coin development team is working on the development of its own Blockchain based on the fastest consensus Delegated Proof of Staking (DPoS).
Token Name: Pollux
Ticker Name: POX
Total Supply: 50,000,000 POX
Circulating Supply: 50,000,000 POX
Max Supply: 50,000,000 POX
Market Cap: $104M
Buying, selling, and trading POX with KoinBX is easy. Follow the below steps to buy POX with INR,
1. Signup with KoinBX.
2. For creating an account, fill the required fields
3. Complete your KYC verification process.
4. Add your bank account.
5. Deposit Fiat to your KoinBX account.
6. Click the Buy option to buy POX with INR & 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 to find a buyer for POX.
Once a buyer for POX is found, you can start selling POX with INR & USDT.
Click POX/INR pair to trade POX with INR
Click POX/USDT pair to trade POX with USDT
Start trading POX anywhere and anytime with the great trading experience with KoinBX Android and iOS app.
KoinBX
Despite being a new entrant, KoinBX is swiftly gaining a reputation amongst Indian crypto platforms. With a transaction price of 0.2% and the provision to exchange immediately with INR, it affords a compelling proposition to Indian merchants as nicely as international traders.
Importantly, it approves INR withdrawals up to 1 lakh INR per transaction, offering a realistic and on-hand crypto change platform. The change also permits customers to withdraw up to 5 lakhs INR in a day, which merchants and investors most welcome.
WazirX
WazirX has garnered over 60 lakh registered users. Besides supplying an uncomplicated interface, the platform showcases superior buying and selling charts. As a result, it is a favored desire for neophytes and professional traders.
Significantly, WazirX provides a remarkable variety of tradable pairs. Options like USDT/INR, ETH/INR, and BTC/INR add to the platform's allure. Moreover, they host over 200 tradable cash and extra than 250 tradable pairs. Further, their minimal savings sits at an at-ease INR 100, attracting a vast person base.
However, WazirX's superpower is its stringent protection measures. Indeed, they've set the gold general for protection in India's crypto buying and selling realm. However, it falls quickly with its restrained credit picks and the absence of positive facets like crypto lending, staking, and margin trading.
ZebPay
ZebPay, every other bold contender, has been at the crypto forefront considering 2014. A pioneer in crypto asset transactions, ZebPay is accountable for over $10 billion in fiat transactions and a consumer base exceeding 5 million. Besides supplying an easy buy, sell, and change mechanism for nearly a hundred cryptos, the platform guarantees top-tier security, with 98% of dollars saved in multi-sig bloodless wallets.
CoinDCX
On the different hand, CoinDCX, chosen by means of over 1.3 crore Indians, provides an array of funding merchandise and a huge decision of over 200 crypto assets. They prioritize investor safety with a rigorous 7m framework for token selection. Consequently, CoinDCX is referred to for its multilayer protection and deep encryption, making sure personal security and tightly closed data.
CoinSwitch
Rounding out our listing is CoinSwitch, India's biggest crypto app with over 18 million users. Backed through world-renowned traders like a16z, Tiger Global, and Sequoia Capital India, it has traded over 50,000 crores INR with over one hundred listed coins.
In conclusion, whilst these structures come with their special choices and limitations, their collective contribution to India's crypto enterprise is undeniable. As India continues evolving its monetary landscape, these exchanges play an imperative position in shaping its digital assets' future.
