Cryptocurrencies which is also known as Virtual currencies is taking over the universe, this is now the NEW way of spending and saving money. Making a transaction has become more effective regarding speed and security hence making a crypto transaction has become more convenient and hassle free compared to traditional money. These has many advantages due it being birthed by blockchain technology, this makes transactions seamless, faster, easier and far less corrupt. Some even invest in cryptocurrency with the motive of earning huge profits.
Despite the advantages, it also has its disadvantages which prevents individuals from making an investment in cryptocurrency is volatility because it's value is extremely unpredictable and quite unstable hence it's not advisable to be used as a method of payment. There are also cryptocurrency wallets which could be quite tricky that once mistake is made, funds remain lost. The main issue is the proper storage of private/Encrypted keys. Many people have lost their keys which is a big loss to many.
Another challenges which is faced is that some exchange platform charges ridiculous transaction fees, which makes it almost annoying when you only need to make small transaction. Blockchain network also could be slow as more and more transaction is made on the blocks.
USDX is a price-stable token which is pegged to the USD at a 1:1 ratio through a smart contract. Which simply mean, one USDX = one USD. USDX token is backed with a minimum of 200% value of the core LHT cryptocurrency. A smart contract controls the token supply. Also, because of its stability, USDX is beneficial as a method of payment, exchange and savings. in contrast to money, it cannot be lost, taken or broken
Benefits of USDX
USDX offers solutions to many issues faced by individuals in the crypto space. They've created a spectacular Application to ensure faster quicker transactions.This definitely has a friendly interface with options to choose your own username. Also i like the fact that the security level is unique as Two Factor Authentication code and pin code is needed to access the wallet. Volatility is not an issue as this is a stabe coin which have been pegged to the USD with a ratio of 1:1.
It is easy to transfer fund from one wallet to other because there are no transaction fee which also means you are able to send small amount of fund. All you need is your recipient's name, phone number or even a QR code and BOOM it will be sent.
USDX could be used as as payment of service of automobile rentals and hotels/accommodation. USDX can also be used as an exchange for Bitcoin, Ethereum and other alternative cryptocurrencies. Bank account is not needed to be able to create transactions. You only need to download a wallet and then link it to your number. You'll be able to purchase things on-line by using the USDX token anytime anyplace with the means from your smartphone. There is a very quick, safe and secure transaction which is being guaranteed by USDX.
If you prefer to go for a stable coin, USDX is really the way![] to go as this is backed by LHT token. The wallet is easy to use, quick and secure. With a dependable team as well working hard to deliver a trustworthy product.
For more information, kindly go to the links below.
Facebook: https://www.facebook.com/USDXwallet/
Twitter: https://twitter.com/USDXwallet
Telegram: https://t.me/USDXwallet
Website: https://usdx.cash
Author tinakoya