MARKET OVERVIEW
The blockchain technology is not just improving transaction processes but also helping young people to gain financial freedom through cryptocurrency investment. One has to start by reading and gaining much knowledge about the blockchain and investment strategies. After that, one needs to acquire a startup investment capital and begin making some cool cash. But mind you, crypto investment is not an all win affair. You can gain about twice as much as your investment capital, likewise can you lose your whole lifetime savings within 24 hours.
After a massive bull run in the crypto space during the latter part of 2017, where most of the cryptocurrencies reached their all-time high, the crypto market has been going through a chronic bear market and majority of the coins have not been able to recover. Those without any real world usage and experienced team even died off. No investor would want to lose their funds so they are always thinking of investment strategies that can help them to save their funds. This is when stable coins come in
USDX STABLECOIN
In times like this where the market keeps going down and down, it would be more profitable to convert all your funds into either fiat or stable coins and wait for the market to recover. To do this, the most trusted stable coin you could ever think of is the USDX stable coin. The USDX is pegged to the USD in a ratio of 1:1. Instead of converting to fiat to be charged higher fees, it would be prudent to convert your funds to USDX. The stability of USDX makes it a convenient token to be used for payments and also as a means of savings, with a competitive advantage over physical cash; in that the former cannot be destroyed or get stolen. Instead of going through all the stress before creating a bank account, simply download the USDX wallet at https://link.usdx.cash/USDXwallet_USDX and register with just a mobile number and you are good to go. You can begin sending and receiving funds with your USDX through your USDX wallet.
LIGHTHOUSE TOKEN (LHT)
In order to ensure increased demand for the USDX tokens, the team thought it wise to introduce a complementary token called the LHT to back the former. Its main function is to serve as a collateral for the USDX stablecoin. The LHT is an investment token whose price is mainly determined by the lighthouse company’s market condition. Several factors such as demand for the LHT token and the utilization of the USDX token, as well as the overall USDX payment system also come into play. Our smart contract will ensure that each USDX token is collateralized with a minimum of 200% worth of LHT according to market price at that time. Because of such tokenomics, each USDX is collateralized with a minimum of 2 USD since the ratio of USDX to USD is 1:1, making USDX over-collateralized.
In bear markets like what we are experiencing right now, LHT is the most profitable digital asset to invest in. There are more investors that would want to convert their coins into stable coins which will in effect lead to scarcity of USDX tokens. On the other hand, the only way to trigger the blockchain to issue more USDX tokens is to buy LHT and exchange them for USDX.
Both USDX and LHT is are readily available for sale on the USDX wallet app which is available for both iOS and Android.
Use the following links to read more about USDX:
Website: https://usdx.cash
Twitter: https://twitter.com/USDXwallet
Wallet app: https://link.usdx.cash/USDXwallet_USDX
Authorship
USDXwallet account username: dacosta95