Hello steemians, It may appear that I encourage you to take a look on this cryptocurrency! That it has more potential and more promising in the near future! Just by holding it in your wallet and there parking feature to grow your token!
What is Minexcoin?
MinexCoin (MNX) is a global payments system based on a low volatility cryptocurrency which is a part of Minex ecosystem. Thanks to its stable exchange rate, MinexCoin is a reliable means of payment, while controllable growth of coin price makes it an attractive means of value storage. Containment of volatility and price growth are maintained by the system’s autonomous algorithm acting like a central bank, hence the name MinexBank. Financial instruments it employs would allow traders to earn from exchange rate margin without damaging the coin’s ecosystem. On the contrary, they would support it.
Minex platform combines the functionality of a simple and safe processing infrastructure for online shopping and cryptocurrency operations, an online digital assets exchange, and an investment platform.
The instruments available at Minex enable you to store your money safely, spend them with a couple of clicks, and even obtain guaranteed revenues by just helping the system to remain stable.
Minexcoin were just like a twin on my steemit account, why? Because as I start steemit and so the minexcoin campaign was launched! I remember back on those days, May 2017 that I post about minexcoin here in steemit and gain less traction but you can't blame me! I am a crypto enthusiast and I don't put my Eggs in one basket! And that day on to this day, I can say it has a future and a promising one!
Why you should join
MinexCoin (MNX) is different from other altcoins because it’s a stable low-volatility cryptocurrency with fixed annual growth. MinexCoin’s growth is pegged to per annum growth of 10 cryptocurrencies with highest market caps. As per 2016 this growth was indexed at 33,6%. It does not matter if you want to use MNX for trading, longterm investment or day-to-day financial activities, with MNX you will always be gaining value.
- MinexCoin is an altcoin yet online-businesses will never lose value if they choose to accept it as means of payment.
- MinexCoin is a stable currency but it will be lucrative for medium and long-term investors because of controlled annual growth and interest payments for “parking”.
- MinexCoin is a payments system which thanks to low volatility is a robust reserve cryptocurrency and eventually may be adopted as global money.
Low volatility and stable growth are achieved via a smart algorithm we call MinexBank (because its actions resemble those of central banks as they maintain stability of national currencies). The entire ecosystem will be governed by this power algorithm based on predetermined formulas, written by professional economists.
As this coin launched in exchange last November 1 this year, Its first value were around $1.00 each only! That was too cheap more than what it was promissed as it will be $20 each maybe by the end of the year or next year! Now minexcoin value isnnealy $7.00 each!
How it works
In short, MinexCoin is governed by MinexBank - a smart algorithm that autonomously takes action to maintain MNX’s price in a predictable corridor.
MinexBank’s main instruments of reigning in volatility are parking and interventions.
Parking means temporarily suspending a certain amount of coin on your wallet which will allow you to receive interest. Interest rates will fluctuate according to chosen parking period and current supply/demand balance, effectively incentivizing investors to park coins when supply overpowers demand on the market. When demand is on the rise, interest rates decrease and investors are incentivized to sell. Additionally, MinexBank uses its own reserve to conduct interventions - selling or buying MNX to alleviate market’s pressure.
I did promote this coin for long term gains, I do believe that soon it will reach $20. And yes I own a little chunk of this minexcoin. Currently, minexcoin can be buy and sell in livecoin.net and the team and devs working to have a bigger exchanges soon. And to be noted that minexcoin is just starting and warming up! If its good join? Yes, you must check it and join the rest of us!
MinexCoin specifications
MNX is a derivative of bitcoin source code. Certain changes were introduced to make payments faster and the entire system more stable.
Total amount: 19 000 000 MNX
Block rewards: 2.5 MNX
Hashing algorithm: Mars
Block size: 2 MB
Block time: 2 min 45 sec
Minex ecosystem
The Minex Systems team intends to implement extended functionality of Minex Ecosystem by incorporating such applications as Minex Market, Minex Exchange, and Minex Platform. Implementation of those products seeks to expand the coin’s sphere of circulation, thus driving demand for it.
Minexcoin is a crypto running on its own blockchain. It is not a tokens!
- You can follow the latest news of Minexcoin on our official blog https://medium.com/minecoin-blog
- GitHub with open source code: https://github.com/minexcoin/minexcoin
- Minexexplorer: http://minexexplorer.com/
- Minexcoin Faucet that gives you free minexcoin: http://xdeathwing.com/faucet
- exchanger: https://www.livecoin.net/en/news/view/481 and more soon!
- [ANN][ICO] Minexcoin - A new era of payments (Exchange launch - November, 1) for the community!
Don't hesitate to give tips of MinexCoin!
Minexcoin address: XZTw9mdrkPjkLg9EukDvkUY2SpdwCDufea